Conversion Dates Clause Samples
Conversion Dates. At least 30 days prior to any Conversion Date, the Trustee shall give to each Registered Holder of a Commercial Paper Rate Bond to be converted to a Daily Rate, Fixed Rate or Weekly Rate Bond notice in the manner provided in the Indenture stating the applicable Conversion Date and that if there has been irrevocably deposited in trust with the Tender Agent an amount of money to pay the Purchase Price of all Untendered Bonds, such Holders will be deemed to have tendered such Commercial Paper Rate Bonds for purchase on the Conversion Date.
Conversion Dates. The Series A Preferred Stock shall become convertible into shares of Common Stock at any time commencing forty-five (45) days after the last day on which there is an original issuance of the Series A Preferred Stock (the "Conversion Date").
Conversion Dates. If the Company elects a Settlement Method, the Company shall notify the converting Holders in writing, with a copy to the Trustee and the Conversion Agent (if other than the Trustee), of the Settlement Method it has selected no later than the close of business on the Trading Day immediately following the related Conversion Date (or in the case of any conversions (A) for which the relevant Conversion Date occurs during a Redemption Period, or (B) occurring on or after September 15, 2024 to the close of business on the second Scheduled Trading Day immediately preceding the Maturity Date, no later than the close of business on the Business Day immediately preceding September 15, 2024) (in either case, the “Settlement Method Election Date”). If the Company does not elect a Settlement Method prior to the deadline set forth in the immediately preceding sentence the Company shall no longer have the right to elect Cash Settlement or Physical Settlement, and shall be deemed to have elected Combination Settlement in respect of the Conversion Obligation pursuant to Section 4.02(a), and the Specified Dollar Amount per $1,000 principal amount of Notes shall be equal to $1,000. If the Company elects Combination Settlement but does not notify converting Holders, the Trustee and the Conversion Agent (if other than the Trustee) in writing prior to the deadline set forth in this Section 4.02(a)(i) of the Specified Dollar Amount per $1,000, such Specified Dollar Amount shall be deemed to be $1,000.
Conversion Dates. (i) If the conversion is from Commercial Paper Rate Periods, the Conversion Date, if the Bonds are being converted to a Multiannual Rate, must be an Interest Payment Date with respect to all of the Bonds being converted that accrue interest at Commercial Paper Rates, and if the conversion is from a Commercial Paper Rate Period to a Daily Rate or Weekly Rate, there may be more than one Conversion Date in accordance with Section 3.2(b); however, the Conversion Date with respect to each Bond being converted must be an Interest Payment Date for such Bond.
(ii) If the conversion is from a Daily or Weekly Rate Period, the Conversion Date must be (A) an Interest Payment Date on which interest is payable for the Daily or Weekly Rate Period from which the conversion is made or (B) a date that, but for the conversion, would be an Interest Reset Date for the Daily or Weekly Rate Period from which the conversion is made.
(iii) If the conversion is from a Multiannual Rate Period, the Conversion Date may be any date on which the Bonds are also subject to optional redemption pursuant to Section 9.1 hereof.
Conversion Dates. (i) If the conversion is from a Flexible Rate, the Conversion Date shall be a Business Day on which interest is payable on all Bonds of a Subseries accruing interest at Flexible Rates.
(ii) If the conversion is from a Daily or Weekly Rate, the Conversion Date shall be a Business Day.
(iii) If the conversion is from a Term Rate, the Conversion Date shall be a date on which the Bonds of the applicable Subseries are subject to optional redemption pursuant to Section 2.6(a)(ii) hereof.
Conversion Dates. (a) On and subject to the terms and conditions set forth in this Agreement, on each date that is [***] Trading Days before each True-Up Date (as defined below) (each, a “Conversion Date”), the Undersigned hereby agrees to cause each Holder to convert the applicable Tranche Conversion Amount (pro rata in accordance with each such Holder’s respective holdings of Conversion Notes as set forth on Exhibit A hereto) (the “Conversion Notes”) in exchange for the Company’s agreement to deliver to the Holders, on each such date, a number of shares of Common Stock (the “Conversion Shares”) determined by dividing the applicable Tranche Conversion Amount by the Conversion Price, with such number of shares of Common Stock rounded down to the nearest whole share, plus cash in lieu of any fractional shares (the “Conversion Consideration”) and less, with respect to the second and third Conversion Dates, any applicable True-Up Balance, along with accrued and unpaid interest on such Conversion Notes from, and including, the most recent interest payment date to, but excluding, such Conversion Date, to be paid in cash calculated in accordance with the Indenture.
(b) On and subject to the terms and conditions set forth in this Agreement (and as part of the consideration for the conversion of the Conversion Notes), on each True-Up Date, if the True-Up Amount is greater than zero, the Company shall issue to such Holder such True-Up Amount (any such shares of Common Stock issued in connection with a True-Up Date, the “True-Up Shares”). If any True-Up Amount is a negative number (a “True-Up Balance”), such True-Up Balance shall reduce, on a one-for-one basis, the number of Conversion Shares to be delivered to such Holder on the next succeeding Conversion Date (and, if greater than the number of Conversion Shares with respect to such Conversion Date, will be brought forward through subsequent True-Up Date(s) and Conversion Date(s) until such True-Up Balance is fully utilized). If there is a True-Up Balance on the third True-Up Date, such Holder shall deliver to the Company a number of shares of Common Stock equal to such amount (the “Rebate Shares”).
(c) The Company may elect to delay any of the Conversion Dates established pursuant to paragraph (a) of this Section 1.1 for up to [***] calendar days by providing written notice to the Holder at least [***] Business Day prior to the applicable Conversion Date. Each subsequent Conversion Date and True-Up Date shall be delayed by the num...
Conversion Dates. The record holder of any share or shares of Series D Preferred may not convert such shares until the later of (i) January 15, 2002, or (ii) either one year from the date of issuance or an effective registration statement for the public sale of the Common Stock.
Conversion Dates. The occurrence of the Facility A Conversion Date and the Facility B Conversion Date shall be subject to the conditions precedent that the Administrative Agent shall have received, or the Required Lenders shall have waived receipt of, the following, each of which shall be in form and substance reasonably satisfactory to the Required Lenders in their sole discretion, and that the other conditions set forth in this Section 3.4 shall have been satisfied or waived by the Required Lenders:
