Conversion Notices. Conversion notices in the form attached hereto as Exhibit A (each, a “Holder Conversion Notice”) may be effectively delivered to Company by any method set forth in the “Notices” section of the Purchase Agreement, and all Holder Conversions shall be cashless and not require further payment from Holder. Company shall deliver the Conversion Shares from any Holder Conversion to Holder in accordance with Section 10 below.
Conversion Notices. (a) In the event that a Conversion Notice is served on the Manager pursuant to Clause 20.5, the Prescribed Equity of the defaulting Joint Venturer ("the Reducing Party") shall be reduced and of the Electing Party shall be correspondingly increased in accordance with the following formula : CPE = DP/V x 100 where CPE is the change in Prescribed Equities of the Reducing Party and the Electing Party; DP is the amount of the Default Payment (as defined in Clause 20.5) as at the date the change in Prescribed Equity takes effect; and is the fair value of the entire Joint Venture determined and certified by the Auditor (who shall be engaged by the Manager for this purpose), acting as expert and not as an arbitrator, as what in its opinion is the fair value of the entire Joint Venture on a going concern basis assuming a willing (but not anxious) vendor and a willing (but not anxious) purchaser contracting at arm's length.
Conversion Notices. A Noteholder may exercise its Conversion Rights at any time during the term of the relevant Note (the "Exercise Period") by serving a Conversion Notice to the Issuer whereupon the Issuer shall procure the issue or transfer and delivery to, or as directed by, that Noteholder of Issuer Shares credited as fully paid in accordance with Condition 8(i) (
Conversion Notices. As soon as reasonably practicable following receipt of a request from time to time, the Issuer will provide the Paying, Transfer and Conversion Agents, the Registrar and the holders of the Bonds with copies of the form of Conversion Notice for the time being current (which initially shall be in the form appearing in Schedule 5).
Conversion Notices. The Lender may exercise its Conversion Right at any time between the date of this Agreement and the date that all amounts outstanding under the Finance Documents have been repaid in full (the "Exercise Period") by serving a Conversion Notice to the Borrower. The Conversion Notice, once delivered, shall be irrevocable. If the Conversion Notice is delivered after the end of normal business hours or on a day which is not a Business Day, such delivery shall be deemed for all purposes of this Agreement to have been made on the following Business Day.
Conversion Notices. Upon request, the Issuer will provide the Principal Paying, Transfer and Conversion Agent, the Registrar, the Calculation Agent and the holders of the Bonds with copies of the forms of Conversion Notice for the time being current.
Conversion Notices. Borrower shall, at least 30 days prior to the proposed Conversion Date, give Bondowner Representative, Issuer and Bond Trustee written notice in the form attached hereto as Exhibit F (“Conversion Election Notice”) that Borrower has elected to convert the Convertible Loan from a floating interest rate construction loan to a fixed interest rate term loan with a maturity date extended to the Convertible Loan Maturity Date. The Conversion Election Notice shall be accompanied by (a) a rent roll covering the Project for the prior three consecutive, full calendar months immediately preceding the date of the Conversion Election Notice, certified by Borrower as true, correct, and complete, (b) operating statements for the Project for each of those three consecutive calendar months, and (c) computations and other supporting documentation evidencing satisfaction of all financial covenants set forth in this Agreement and the other Loan Documents and the other Conditions to Conversion requiring (in the judgment of Bondowner Representative) computation and/or supporting documentation, and certified in each instance by Borrower to be true, correct, and complete. If Bondowner Representative, based upon the information described above, and such other information as it may reasonably require Borrower to deliver to it as evidence of satisfaction of the Conditions to Conversion, shall concur that the Conditions to Conversion have been fully satisfied, Bondowner Representative shall give written notice in the form attached hereto as Exhibit G (“Conversion Notice”) of such determination to Borrower. The Conversion Notice shall establish the effective date of the conversion to a fixed interest rate term loan (“Conversion Date”), which shall be a Payment Date (as defined in the Convertible Note), and the Convertible Loan Maturity Date.
Conversion Notices. The Company shall have received irrevocable conversion notices for 35% of all outstanding Series B Preferred Stock, including as to accumulated dividends thereunder, pursuant to the Preferred Stock Agreements;
Conversion Notices. Promptly upon request from time to time, the Issuer will provide the Conversion Agents with copies of the form of Conversion Notice for the time being current.
Conversion Notices. (a) Immediately upon Jupiters releasing to ASX the independent expert's report included in the Scheme Booklet in relation to the Ordinary Scheme, Jupiters will dispatch to the RPS Holders the notice referred to in clause 4.2(a) of the RPS Terms.
