Pro-rata Conversion and Redemption. In the event the Company receives a Conversion Notice from more than one holder of Series C Preferred Stock on the same day and the Company can convert and redeem some, but not all, of the Series C Preferred Stock pursuant to this Section 9, the Company shall convert and redeem from each holder of Series C Preferred Stock electing to have Series C Preferred Stock converted and redeemed at such time an amount equal to such holder’s pro-rata amount (based on the number shares of Series C Preferred Stock held by such holder relative to the number shares of Series C Preferred Stock outstanding) of all shares of Series C Preferred Stock being converted and redeemed at such time.
Pro-rata Conversion and Redemption. In the event the Company receives a Conversion Notice from more than one Holder of Preferred Shares for the same Conversion Date and the Company can convert some, but not all, of such Preferred Shares, the Company shall convert from each Holder of Preferred Shares electing to have Preferred Shares converted at such time a pro rata amount of such Holder's Preferred Shares submitted for conversion based on the number of Preferred Shares submitted for conversion on such date by such Holder relative to the number of Preferred Shares submitted for conversion on such date.
Pro-rata Conversion and Redemption. In the event the Company receives a Conversion Notice from more than one holder of the Notes for the same Conversion Date and the Company can convert some, but not all, of the Notes submitted for conversion, the Company shall convert from each holder electing to have Notes converted at such time a pro rata amount of such holder's Conversion Amount submitted for conversion based on the Conversion Amount of the Notes submitted for conversion on such date by such holder relative to the Conversion Amount of all Notes submitted for conversion on such date.
Pro-rata Conversion and Redemption. In the event the Company receives a Voluntary Conversion Notice from more than one holder of Series A Preferred on the same day and the Company can convert and redeem some, but not all, of the Series A Preferred pursuant to this Section 7, the Company shall convert and redeem from each holder of Series A Preferred electing to have Series A Preferred converted and redeemed at such time an amount equal to such holder's pro-rata amount (based on the number shares of Series A Preferred held by such holder relative to the number shares of Series A Preferred outstanding) of all shares of Series A Preferred being converted and redeemed at such time.
Pro-rata Conversion and Redemption. In the event the Company receives a Conversion Notice from more than one Holder on the same day and the Company can convert and redeem some, but not all, of the Series E Preferred Shares pursuant to this Section 4, the Company shall convert and redeem from each Holder electing to have Series E Preferred Shares converted and redeemed at such time an amount equal to such Holder's pro-rata amount (based on the number of Series E Preferred Shares held by such Holder relative to the number of Series E Preferred Shares outstanding) of all Series E Preferred Shares being converted and redeemed at such time.
Pro-rata Conversion and Redemption. Subject to Section 5 and Section 23, in the event the Company receives a Conversion Notice from more than one Holder of the Debentures for the same Conversion Date and the Company can convert some, but not all, of the Debentures submitted for conversion, the Company shall convert from each Holder electing to have Debentures converted at such time a pro rata amount of such Holder's Conversion Amount submitted for conversion based on the Conversion Amount of the Debentures submitted for conversion on such date by such Holder relative to the Conversion Amount of all Debentures submitted for conversion on such date.
