ULC Conversion definition

ULC Conversion the conversion of Kildair from a limited company to an unlimited liability company.
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ULC Conversion the conversion of Kildair from a limited company to an unlimited liability company. “United States Dollars” and “$”: dollars in lawful currency of the United States of America. “Unreimbursed Amount”: as defined in Section 3.7(a). “U.S. Borrower”: as defined in the introductory paragraph of this Agreement. “U.S. Borrowing Base”: on any date, solely with respect to the assets of the U.S. Loan
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ULC Conversion means the conversion of London from an Alberta corporation into an unlimited liability company pursuant to the laws of a Canadian province.
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Examples of ULC Conversion in a sentence

  • No later than (i) one Business Day after the Restatement Effective Date, effectuate the ULC Conversion, (ii) three Business Days after the Restatement Effective Date, file the Kildair Election with the IRS, (iii) four Business Days after the Restatement Effective Date, file the Kildair Subsidiary Election with the IRS and (iv) January 2, 2015, effect the Amalgamation.

  • After receiving the notice described in the immediately preceding sentence, and prior to the Effective Time, Parent shall cause London to complete the ULC Conversion.

Related to ULC Conversion

  • 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.

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

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

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

  • Optional Conversion has the meaning set forth in Section 6(a).

  • Major conversion means a conversion of an existing ship:

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

  • Mandatory Conversion Notice has the meaning ascribed thereto in Section 4.5(a);

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

  • Certificate of Conversion means the Certificate of Conversion of the Company filed with the Secretary of State of the State of Delaware pursuant to Section 18-214(b)(1) of the Act on October 9, 2007, as amended or amended and restated from time to time.

  • Automatic Conversion Date has the meaning set forth in Section 7(c).

  • Plan of Conversion has the meaning given such term in Section 14.1.

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

  • 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.

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

  • Conversion therapy means any practice or treatment as defined in § 54.1-2409.5 A of the Code of Virginia.

  • 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.

  • Notice of Conversion/Continuation means a notice in substantially the form of Exhibit B.

  • 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.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • 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.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

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

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

  • 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.