Conversion Event. Upon the occurrence of any transaction or event that shall result in the Note becoming convertible into any shares of capital stock of the Company, the Company will take all actions necessary such that immediately prior to the closing of such transaction or event (i) the Company will have all requisite corporate power and authority to issue, sell and deliver any shares of capital stock of the Company that may be issuable upon the conversion of the Note in accordance with its terms (the “Conversion Shares”), and (ii) such Conversion Shares, when issued, will be validly issued, fully paid and nonassessable.
Conversion Event. Corporate Trust Office...
Conversion Event. Subject to compliance with applicable securities laws and the Transfer Restriction, shares of Preferred Stock will be freely transferable.
Conversion Event. 3 Corporate Trust Office...................................................................................3
Conversion Event. To effect a conversion (a "Conversion Event") the Lender shall execute and deliver to the Borrower a Conversion Notice (in the form attached to the Convertible Note), and, in the event that the entire amount outstanding under the Convertible Note is converted, Lender shall also surrender the Convertible Note to the Company for cancellation. Upon partial conversion of the Convertible Note, Borrower shall at the request of the Lender and contemporaneously with delivery of the Conversion Shares, issue a new note in the form of Exhibit A to Lender for the principal balance of the Term Loan which shall not have been converted or paid.
Conversion Event. The term "
Conversion Event. The Conversion Event shall (subject only to the consummation of the Closing) become effective, and all issued and outstanding Company Preference Shares shall be converted into Company Ordinary Shares in compliance with the Constitution of the Company, immediately after the Closing.
Conversion Event. Subject to Section 2.03(b) of this Fourteenth Supplemental Indenture, if at any time prior to the maturity of the 2020 Senior Notes, there is a Conversion Event such that the United Kingdom adopts the euro as its lawful currency in accordance with the Treaty establishing the European Communities, as amended from time to time, the 2020 Senior Notes shall be re-denominated into euro, the regulations of the European Commission relating to the euro shall apply to the 2020 Senior Notes and the references in, and obligations arising under, the Indenture expressed in Pounds Sterling shall be translated into euro at the official rate of exchange recognized for that purpose by the Bank of England on the date of such Conversion Event or such other date reasonably proximate to such Conversion Event.
Conversion Event. All the CB will be automatically and immediately converted into shares on Enforcement of the Pledges of the Share Accounts (as such term is defined in the By-Laws). In case of early conversion of the CB, the president of the Company’s supervisory committee will have all of the powers to perform, directly or through an agent, all of the acts and formalities relating to the conversion of the CB pursuant to this article, and, in particular, to undertake (i) the inscriptions in the share transfer register and the shareholders’ accounts of the Company and (2) any modification of the Articles in relation to the increase of the Company’s share capital.
Conversion Event. If the Last Reported Sale Price of the Common Stock for at least 20 Trading Days in a period of 30 consecutive Trading Days equals or exceeds 150% of the Conversion Price (a “Conversion Event”), the Issuer may, at its option, deliver or cause to be delivered to all Holders of the Notes at their address shown in the register for the Notes, a notice as set forth below (the “Conversion Event Notice”) with respect to such Conversion Event at any time within 20 Business Days of such Conversion Event. The Issuer shall also deliver a copy of the Conversion Event Notice to the Trustee, the Conversion Agent and the Paying Agent at such time as is mailed to Holders of Notes. Simultaneously with providing such Conversion Event Notice, the Issuer shall publicly announce the relevant information through a reputable national newswire in the United States, file such press release with the SEC on Form 8-K and make such information available on the Issuer’s website. No failure of the Issuer to deliver the foregoing notices and no defect therein shall limit a Holders rights hereunder or affect the validity of the proceedings pursuant to this Section 5.08.
