Optional Conversion Event definition

Optional Conversion Event means any conversion effected pursuant to Section A.2(b)(ii), Section A.2(b)(iii), Section A.2(b)(iv), Section A.2(b)(v), Section A.2(b)(vi) or Section A.2(b)(vii) of the Restated Charter.
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Optional Conversion Event means a conversion of Preference Shares completed in accordance with Section 7(b).
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Optional Conversion Event means any optional conversion of all of the outstanding shares of Series C Liberty Media Common Stock into another series of Common Equity of the Company effected pursuant to Section A.2(b)(ii) or Section A.2(b)(iii) of the Restated Charter.
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Examples of Optional Conversion Event in a sentence

  • The maximum principal amount of the Convertible Note which can be converted into Conversion Shares without resulting in the percentage of issued share capital of the Company in the hands of the public shareholders being less than 25% (after taking into account the dilutive effect of the Conversion Shares) upon the occurrence of an Optional Conversion Event shall be referred to as the ‘‘Maximum Optional Principal Amount’’.

  • The Company shall use commercially reasonable efforts to provide the SRN Majority Holders, if any, with written notice of any SRN Special Optional Conversion Event (as defined in the Company Charter) no later than ten (10) business days after the occurrence of such SRN Special Optional Conversion Event.

  • Optional conversion at the election of SCA Group:Upon the occurrence of an Optional Conversion Event, the Company shall notify SCA Group in writing within one business day from the date of occurrence of such Optional Conversion Event.

  • The Company shall provide the SRN Majority Holders (as defined below), if any, with (i) written notice of an SRN Optional Conversion Event (as defined in the Company Charter) no later than thirty (30) days prior to the effectiveness of such SRN Optional Conversion Event and (ii) written notice of final approval of such SRN Optional Conversion Event no later than seven (7) business days after the occurrence of such event.

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Related to Optional Conversion Event

  • 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.

  • 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.

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

  • 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.

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

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

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

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

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

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Major conversion means a conversion of an existing ship:

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Early Preference Share Redemption Event means the event that occurs if:

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

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

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

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

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

  • 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.

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

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

  • 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.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • 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.

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).