Conversion Transaction definition

Conversion Transaction means the conversion of the Company from the mutual to stock form of organization either on a stand-alone basis or in the context of a merger conversion.

Conversion Transaction means the conversion of the Company from the mutual to stock form of organization either on a stand-alone basis or in the context of a merger conversion, as contemplated by regulations of the OTS or any successor thereof.

Conversion Transaction means a conversion, whether by merger, statutory conversion or otherwise) of the Borrower from a limited partnership to a limited liability company or a corporation or an exchange of some or all of the outstanding partnership interest in the Borrower for Equity Interests in a corporation or a limited liability company.

Examples of Conversion Transaction in a sentence

• If a T&E Express Service Transaction involves Dynamic Currency Conversion, a Merchant must process delayed or amended charges at the same currency conversion rate as the original Dynamic Currency Conversion Transaction.

• I understand that the Credit Union will not stop payment on an Item if it is processed as an Electronic Check Conversion Transaction and I have not indicated that above.

• The price of any Local FX Conversion Transaction will also include a spread charged by the relevant Intermediary or Recipient Bank.

• As part of the Conversion Transaction, amongst other things: (a) the holder of a $2,000,000 convertible secured debenture converted the debenture into 400,000 Units; (b) the Former Partnership transferred all of its assets to 101102207 Saskatchewan Ltd.

• The Parties shall be deemed to have agreed the terms of the Conversion Transaction from the moment their authorised representatives agree on the terms of the Conversion Transaction.

More Definitions of Conversion Transaction

Conversion Transaction. With respect to a Mortgage Loan, a transaction initiated by Purchaser's delivery to Custodian of a Request for Certification containing a Conversion Code. A Conversion Transaction shall always be preceded by a Dry Transaction.

Conversion Transaction means the conversion of the business of CESTC from a limited partnership structure to a corporate structure pursuant to the Arrangement;

Conversion Transaction means a transaction where the Customer purchases one currency by virtue of sale of another currency.

Conversion Transaction means an exchange of shares of Common Stock of the Company for units of membership interest in a publicly-traded Delaware limited liability company that results in the Company becoming a Subsidiary of such publicly-traded Delaware limited liability company and further results in the Securities becoming convertible into Equity Interests of such Delaware limited liability company pursuant to the terms of the Indenture.

Conversion Transaction has the meaning set forth in Section 2.2.

Conversion Transaction means any merger, consolidation, conversion, reorganization, exchange of securities or liquidation of the Company as a result of which the Persons who were Members immediately prior to such transaction (other than such Persons who received cash payments in such transaction in lieu of fractional interests) will, immediately thereafter, still own (in the same proportion), directly or indirectly, all of the securities or other equity interests representing the combined voting power of each successor entity's then outstanding voting securities or other equity interests.

Conversion Transaction means the conversion of the business of CESTC from a limited partnership structure to a corporate structure pursuant to a plan of arrangement under the CBCA completed on January 1, 2010;