Examples of Optional Conversion Date in a sentence
Such Holder shall be deemed for all corporate purposes to have become the holder of record of the Conversion Shares with respect to which the shares of Series AA-2 Preferred Stock have been converted as of the Optional Conversion Date.
If no Optional Conversion Date is specified in a Notice of Conversion, the Optional Conversion Date shall be the date that such Notice of Conversion and Cancellation Request are deemed delivered to the Company in accordance with Section9.
To effect conversions of shares of Series AA-3 Preferred Stock, a Holder shall not be required to surrender any Certificated Series AA-3 Preferred Stock to the Company unless all of the shares of Series AA-3 Preferred Stock represented by any such certificate are so converted, in which case such Holder shall deliver the Certificated Series AA-3 Preferred Stock promptly following the Optional Conversion Date.
For purposes of this Section 6.4.3, the “Fair Value” of shares shall be fixed with reference to the last reported Closing Sale Price on the principal Trading Market on which the Common Stock is listed as of the Trading Day immediately prior to, in the case of the Automatic Conversion, the date of the Stockholder Approval, and in the case of an Optional Conversion, the Optional Conversion Date.
If no Optional Conversion Date is specified in a Notice of Conversion, the Optional Conversion Date shall be the date that such Notice of Conversion and Cancellation Request are deemed delivered to the Company in accordance with Section 9.