Last Conversion Date definition

Last Conversion Date means 31 December 2025, adjusted according to the Business Day Convention.
Sample 1Sample 2Sample 3

Examples of Last Conversion Date in a sentence

  • Any Call Option which is exercised by the Issuer shall specify the proposed Call Option Repayment Date being (i) for the Soft Call Option, no less than 20 Business Days and no more than 30 Business Days after the date of such notice and (ii) for the Last Conversion Call Option, no less than 5 calendar days and no more than 10 calendar days after the date of such notice, but in no event after the Last Conversion Date.

  • Subject to Clause 9.2 (c) below, each Outstanding Bond will in the period up to the Last Conversion Date accrue interest at the Interest Rate on the Nominal Amount for each Interest Period, commencing on and including the first date of the Interest Period, and ending on but excluding the last date of the Interest Period.

  • The amendments include, but are not limited to, resetting the Conversion Price of the Bonds and the Fixed Rate of Exchange, introducing a cash settlement option at the Last Conversion Date, extending the Last Conversion Date and the issuance of Compensation Bonds (as defined below) and as otherwise set out in this Agreement.

  • Subject to the Vesting Conditions, the Participants may, during the period referred to in the notice, exercise all or any of their Options that have Vested and Convert all or any of their Restricted Stock Units, if the Last Exercise Date applicable for those Options or the Last Conversion Date for those Restricted Stock Units has not already occurred.

  • On the Last Conversion Date, all the outstanding Bonds shall, unless the Issuer has exercised its cash call option under the Bond Terms, be redeemed by a mandatory share settlement redemption of the Bonds, involving the Company issuing or transferring and delivering to the relevant Bondholders such number of Shares they are entitled to receive in accordance with the Bond Terms.

  • CP = 25 per cent (expressed as a fraction) c = the number of days from and including the date of activation of a Special Automatic Conversion Period to but excluding the Last Conversion Date.

Related to Last Conversion Date

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Judgment Conversion Date as defined in subsection 10.8(a).

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.