Optional Conversion Date definition

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.
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Optional Conversion Date shall have the meaning set forth in Section 6(a).
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Optional Conversion Date has the meaning assigned to it in Section 8(a) hereof.
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Examples of Optional Conversion Date in a sentence

  • To convert the Safes to Company Common Stock pursuant to this Section 1(b), the Majority Holders must deliver written notice of such election to the Company following the Optional Conversion Date and prior to the termination of this Safe (the “Optional Conversion Election”).

  • Within 20 days of the Maturity Date and each Optional Conversion Date, if any, the Maker shall transmit to the Holder the number of shares of Common Stock representing full repayment of the Conversion Amount being made on such date, and cash to the extent interest due on such date is being paid in cash, together with an explanation of the calculation of the share and cash amounts being transmitted.

  • In the event Borrower converts to a Variable Interest Rate on any Annual Optional Conversion Date, such rate shall be subject to the following terms: The Variable Rate shall change in accordance with Sections 3.6.1 below and interest shall accrue at the Variable Interest Rate as established by Lender for the interest rate group to which this Note is assigned.

  • The person or persons entitled to receive the shares of Common Stock issuable upon a conversion of this Note shall be treated for all purposes as the record holder or holders of such shares of Common Stock on the Maturity Date or Optional Conversion Date, as applicable.

  • Interest payable hereunder shall be paid on the earlier of the Maturity Date or the Optional Conversion Date of the outstanding principal amount of the Note as to which such interest has accrued.


More Definitions of Optional Conversion Date

Optional Conversion Date means the effective date of an optional conversion of the shares of Series A Preferred Stock pursuant to Section 3(3).
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Optional Conversion Date has the meaning assigned to such term in Section 5.12(b)(vi)(B).
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Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Share, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.
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Optional Conversion Date means the date on which a holder complies with the procedures set forth in this Section (D) of this Article VII.
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Optional Conversion Date has the meaning set forth in Section 2.5 of this Agreement.
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Optional Conversion Date means that date on or after July 1, 1985, which shall be a Business Day, from and after which the interest rate on the Bonds is converted from the Floating Rate to the Fixed Rate as a result of the exercise by the Company of the Conversion Option.
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Optional Conversion Date shall have the meaning set forth in paragraph (c)(i) of Section 11.11. (tt)
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