Conversion Request Sample Clauses

Conversion Request. A notice given by the Borrower to the Administrative Agent of the Borrower's election to convert or continue a Loan in accordance with Section 2.7.
Conversion Request. To: __________________________, as Conversion Agent under the Trust Agreement of IFC Capital Trust III The undersigned owner of these Preferred Securities hereby irrevocably exercises the option to convert these Preferred Securities, or the portion below designated, into Common Stock of Xxxxx Financial Corporation (the "Common Stock") in accordance with the terms of the Trust Agreement. Pursuant to the aforementioned exercise of the option to convert these Preferred Securities, the undersigned hereby directs the Conversion Agent (as that term is defined in the Trust Agreement) to (i) exchange such Preferred Securities for a portion of the Debentures (as that term is defined in the Trust Agreement) held by the Trust at the Conversion Ratio specified in the Trust Agreement, and (ii) immediately convert such Debentures on behalf of the undersigned, into Common Stock at the Conversion Ratio specified in the Trust Agreement. The undersigned also hereby directs the Conversion Agent that the shares issuable and deliverable upon conversion, together with any check in payment for fractional shares, be issued in the name of and delivered to the undersigned, unless a different name has been indicated in the assignment below. If shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable with respect thereto. Date:______________________ Number of Preferred Securities to be converted:___________________ If a name or names other than the undersigned, please indicate in the spaces below the name or names in which the shares of Common Stock are to be issued, along with the address or addresses of such person or persons. __________________________________________ __________________________________________ __________________________________________ (Sign exactly as your name appears on the other side of this Preferred Security certificate) (for conversion of definitive Preferred Securities only) Please print or Typewrite Name and Address, Including Zip Code, and Social Security or Other Identifying Number. _________________________________________________ _________________________________________________ _________________________________________________ Signature Guarantee:*_______________________________________ ______________ *(Signature must be guaranteed by an "eligible guarantor institution* that is, a bank, stockbroker, savings and loan association or credit union meeting the requirements of the Regis...
Conversion Request. To: Wilmington Trust Company, as Property Trustee of Suiza Capital Trust The undersigned owner of these Preferred Securities hereby irrevocably exercises the option to convert these Preferred Securities, or the portion below designated, into Common Stock of SUIZA FOODS CORPORATION (the "Suiza Common Stock") in accordance with the terms of the Amended and Restated Declaration of Trust (the "Declaration"), dated as of February 20, 1998, by Michxxx Xxxxx, xx Regular Trustee, Wilmington Trust Company, as Delaware Trustee, Wilmington Trust Company, as Property Trustee, Suiza Foods Corporation, as Sponsor, and by the Holders, from time to time, of undivided beneficial interests in the Trust issued pursuant to the Declaration. Pursuant to the aforementioned exercise of the option to convert these Preferred Securities, the undersigned hereby directs the Conversion Agent (as that term is defined in the Declaration) to (i) exchange such Preferred Securities for a portion of the Debentures (as that term is defined in the Declaration) held by the Trust (at the rate of exchange specified in the terms of the Preferred Securities set forth as Annex I to the Declaration) and (ii) immediately convert such Debentures, on behalf of the undersigned, into Suiza Common Stock (at the conversion rate specified in the terms of the Preferred Securities set forth as Annex I to the Declaration). The undersigned does also hereby direct the Conversion Agent that the shares issuable and deliverable upon conversion, together with any check in payment for fractional shares, be issued in the name of and delivered to the undersigned, unless a different name has been indicated in the assignment below. If shares are to be issued in the name of a person other than the undersigned, the undersigned will pay all transfer taxes payable with respect thereto. Any holder, upon the exercise of its conversion rights in accordance with the terms of the Declaration and the Preferred Securities, agrees to be bound by the terms of the Registration Rights Agreement relating to the Suiza Common Stock issuable upon conversion of the Preferred Securities.
Conversion Request. A notice given by the Borrower to the Agent of the Borrower's election to convert or continue a Revolving Credit Loan in accordance with Section 2.7. 12 -5- Credit Agreement. This Revolving Credit Agreement, including the Schedules and Exhibits hereto.
Conversion Request. A notice given by the Borrower to the Agent of the ------------------ Borrower's election to convert or continue a Loan in accordance with (S)2.7. Copyright Mortgages. The several Copyright Mortgage and Security ------------------- Agreements, dated or to be dated on or prior to the Closing Date, made by the Borrower and the Guarantors, if any, in favor of the Agent and in form and substance satisfactory to the Banks and the Agent.
AutoNDA by SimpleDocs
Conversion Request. A notice given by the Borrower to the Agent of the Borrower's election to convert or continue an Advance in accordance with Section 2.7.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!