Final Conversion Date definition

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.
Final Conversion Date means 5:00 p.m. in New York City, New York on the first Trading Day falling after the date on which, at all times on such date, the outstanding shares of Class 1 Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class 1 Common Stock and Class 2 Common Stock.
Final Conversion Date means the date on which no shares of Class B Common Stock shall remain outstanding.

Examples of Final Conversion Date in a sentence

  • Action by Written Consent Our amended and restated certificate of incorporation and amended and restated bylaws provide that, after the Final Conversion Date, any action to be taken by the stockholders must be affected at a duly called annual or special meeting of stockholders and may not be affected by written consent.

  • At each annual meeting of stockholders beginning after the Final Conversion Date, successors to the class of directors whose term expires at that annual meeting will be elected for a three-year term.

  • The Conversion Date Payment shall be equal to the value of the Conversion Date Inventory as reflected on the Final Conversion Date Inventory Statement.

  • The conversion must be exercised while this policy is in force, but no later than the Final Conversion Date shown in Section 1.

  • Dividend Rights and Other Distributions Pursuant to our amended and restated certificate of incorporation, each share of Class B common stock will be retired, and all rights with respect to such shares shall cease and terminate, automatically upon the earlier to occur of (a) the occurrence of a Transfer (as defined therein), other than a Permitted Transfer (as defined therein) of such share of Class B common stock and (b) on the Final Conversion Date.


More Definitions of Final Conversion Date

Final Conversion Date means 5:00 p.m. in New York City, New York on the last Trading Day of the fiscal year during which a Final Conversion Trigger Event occurs.
Final Conversion Date means the earliest to occur of:
Final Conversion Date when used with respect to any Security, means the last day on which such Security shall be convertible into Common Stock.
Final Conversion Date means 5:00 p.m. in New York City, New York on the first Trading Day falling on or after the tenth (10th) year anniversary of the Effective Time.
Final Conversion Date means 5:00 p.m. in New York City, New York on the first Trading Day falling on or after the seventh (7th) year anniversary of the IPO Time.
Final Conversion Date means 5:00 p.m. in New York City, New York on the last day of the fiscal quarter during which the then-outstanding shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then-outstanding Class A Common Stock and Class B Common Stock; provided, that if the first day the shares of Class B Common Stock first represent less than 10% of the aggregate number of shares of the then-outstanding Class A Common Stock and Class B Common Stock occurs within 15 days of the end of a fiscal quarter, the Final Conversion Date shall be the last day of the following fiscal quarter.
Final Conversion Date means the date fixed by the Board of Directors that is no more than 180 days following the date that no shares of Class B Common Stock are outstanding.