Examples of Acquisition Conversion Date in a sentence
Except as otherwise provided herein, the Preferred Dividend on any Preferred A Share converted to Common Shares shall cease to accumulate on the Mandatory Conversion Date, the Cash Acquisition Conversion Date or the Early Conversion Date (each, a «Conversion Date»), as applicable.
Except as otherwise provided herein, the Preferred Dividend on any Preferred A Share converted to Common Shares shall cease to accumulate on the Mandatory Conversion Date, the Cash Acquisition Conversion Date or the Early Conversion Date (each, a “Conversion Date”), as applicable.
If an Acquisition Event occurs, IAG must give notice to the Trustee and Capital Note Holders (an Acquisition Conversion Notice) and Convert all (but not some only) Capital Notes on the Acquisition Conversion Date in accordance with this clause 7 and clause 8 or clause 9 (as the case may be).
The amounts of the Acquisition Loan and the Working Capital Loan prepaid pursuant to Section 4.2.1, 4.2.3(i) or (ii), 4.3.2 or 4.4 may be reborrowed from time to time, in the case of the Acquisition Loan prior to the Acquisition Conversion Date in accordance with Section 2.1 and in the case of the Working Capital Loan prior to its Final Maturity Date, in accordance with Section 2.2 and subject to the limits set forth therein.
The Ordinary Share price may be affected by many factors, including transactions affecting the share capital of IAG as described in Section 5.1.6.If Conversion does not occur on the Acquisition Conversion Date, then Conversion will occur on the following Distribution Payment Date for which the restrictions do not apply unless Capital Notes are otherwise Exchanged or Written- Off on or before that date.
Conversion will not occur on the new Acquisition Conversion Date if the further Conversion restrictions apply on that date.
On each Payment Date occurring after the Acquisition Conversion Date, the Borrower shall pay 1/10th of the Acquisition Loan outstanding on the Acquisition Conversion Date, after giving effect to all prepayments thereon; provided, however, on the Final Maturity Date of the Acquisition Loan, the Borrower shall pay all outstanding principal of the Acquisition Loan.
Any amounts of the Acquisition Loan prepaid after the Acquisition Conversion Date pursuant to the preceding sentence may not be reborrowed.
If Conversion does not occur on a possible Acquisition Conversion Date and Capital Notes arenot otherwise Exchanged or Written-Off, Distributions may continue to be paid on Capital Notes, subject to IAG’s discretion and to no Payment Condition existing in connection with the relevant Distribution Payment Date.Capital Notes are a perpetual instrument.
Each prepayment of the Acquisition Loan pursuant to Section 4.2.3(i) or (ii) after the Acquisition Conversion Date shall be applied to the outstanding principal balance of such Tranche in the inverse order of the required prepayments provided in Section 4.3.1.