Mandatory Conversion definition

Mandatory Conversion shall have the meaning set forth in Section 6.
Mandatory Conversion has the meaning set forth in Section 7(a).
Mandatory Conversion means a conversion pursuant to Section 5.

Examples of Mandatory Conversion in a sentence

  • In the event that the Mandatory Conversion Right is exercised with respect to shares of Series A Convertible Preferred Stock representing less than all the shares of Series A Convertible Preferred Stock outstanding at such time, the shares to be converted shall be converted by the Corporation or the Transfer Agent on a pro rata basis based on the then-outstanding shares of Series A Convertible Preferred Stock or, if applicable, in accordance with the applicable procedures of DTC.


More Definitions of Mandatory Conversion

Mandatory Conversion means a conversion pursuant to Section 14.03(a).
Mandatory Conversion has the meaning set forth in Section 10(c)(i).
Mandatory Conversion shall have the meaning set forth in Section 3(1).
Mandatory Conversion means the required conversion of 50 percent of a Participant's Director Fees into a Share Unit Award pursuant to Section 6 hereof.
Mandatory Conversion is defined in Section 5(c).
Mandatory Conversion has the meaning given to such term in Section 8.