Change of Control Conversion Period definition

Change of Control Conversion Period shall have the meaning described in Section 7(a).
Change of Control Conversion Period means the period commencing on the date on which a Change of Control Event occurs and ending sixty (60) calendar days following such date or, if later, sixty (60) calendar days following the notification of a Change of Control Event (cf. clause 15.2.1(j)).
Change of Control Conversion Period means the period commencing on the date on which a Change of Control Event occurs and ending sixty (60) calendar days following such date or, if later, sixty (60) calendar days following the notification of a Change of Control Event (cf. paragraph (i) of Clause 15.4 (Information: Miscellaneous)).A “Change of Control Event” shall occur where a person or a group of persons acting in concert, directly or indirectly (including purchase, merger etc.) have acquired the right to cast, at a general meeting of shareholders of the Issuer, more than 50 per cent of the Voting Rights of the Issuer.

Examples of Change of Control Conversion Period in a sentence

  • Upon the occurrence of a Change of Control Event, where a Conversion Date falls within the Change of Control Conversion Period and the Issuer in respect of the Bonds within 30 days following the end of the Change of Control Conversion Period gives a notice in accordance with paragraph (c) below, the Conversion Price for the purpose of such exercise shall be the Change of Control Conversion Price.

  • To exercise either such option, a Bondholder must, via its account manager, notify the Paying Agent within the Change of Control Conversion Period in accordance with the notice provisions set out in Clause12.4 ( Exercise notice).

  • The notice shall specify (i) the applicable Change of Control Conversion Price and early redemption price, (ii) the Bondholders’ entitlement to exercise their Conversion Rights or to exercise their right to require redemption of the Bonds, (iii) the Change of Control Conversion Period and (iv) relevant details concerning the Change of Control Event.

  • Such notice sent by the Issuer shall specify the Clean-up Redemption Date, provided that no such notice may be given prior to the first Bondholder Redemption Date to occur, or, if later the last date on which the Issuer issues the relevant number of new Shares or transferring existing Shares in accordance with Clause 10.2.10 in respect of any exercise of Conversion Rights (if any) which Conversion Date falls within the first Change of Control Conversion Period to occur.

  • If the last day of a Change of Control Conversion Period shall fall during a Restricted Transfer Period or a Restricted Conversion Period, as the case may be, the Change of Control Conversion Period shall be extended such that its last day will be the fifteenth day following the last day of the Restricted Transfer Period or the Restricted Conversion Period, as the case may be.

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  • If the last day of a Change of Control Conversion Period shall fall during a Closed Period, the Change of Control Conversion Period shall be extended such that its last day will be the fifteenth day following the last day of the Closed Period.

  • If the last day of a Change of Control Conversion Period shall fall during a Restricted Transfer Period, the Change of Control Conversion Period shall be extended such that its last day will be the fifteenth day following the last day of the Restricted Transfer Period.

  • Except as otherwise provided in this Section2.4(k), all other provisions of this Indenture applicable to a conversion of Initial Debentures shall apply to a conversion of Initial Debentures during the Cash Change of Control Conversion Period.

  • If, following the occurrence of a Change of Control, Conversion Rights are exercised during the Change of Control Conversion Period (as defined below), the Conversion Price shall be adjusted in accordance with the following formula: NCP = OCP1 + (CP x c/t) Where: NCP means the Conversion Price after such adjustment OCP means the Conversion Price before such adjustment.


More Definitions of Change of Control Conversion Period

Change of Control Conversion Period means the period beginning on the date of the applicable Change of Control Event Notice and ending: (i) in the case of a Ratings Downgrade Change of Control, on the date that is five (5) Business Days prior to the Change of Control Conversion Date identified by the Company in the related Change of Control Event Notice, or (ii) in the case of (A) a Going Private Change of Control or (B) any Other Change of Control, on the date that is five (5) Business Days prior to Change of Control Effective Date.
Change of Control Conversion Period means the period commencing on the date on which a Change of Control Event occurs and ending sixty (60) days following such date or, if later, sixty (60) days following the notification of a Change of Control Event.
Change of Control Conversion Period has the meaning ascribed thereto in Condition 6(e);
Change of Control Conversion Period has the meaning specified in Section 11.1(c).
Change of Control Conversion Period for a Change of Control is the period commencing on the date 15 days prior to the anticipated Effective Date for such Change of Control and ending on the Holder Repurchase Date for such Change of Control. The date that a Note is converted during the Change of Control Conversion Period is the “Change of Control Conversion Date.” The Make Whole Premium will determined as follows:
Change of Control Conversion Period means the period commencing on the date on which a Change of Control Event occurs and ending 15 Business Days following such date or, if later, 15 Business Days following the notification of a Change of Control Event (cf. paragraph (i) of Clause 15.4 (Information: Miscellaneous)).

Related to Change of Control Conversion Period

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Change of Control Put Period means the period of 45 days after a Change of Control Put Event Notice is given;

  • Change of Control Transaction means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective control (whether through legal or beneficial ownership of capital stock of the Company, by contract or otherwise) of in excess of 33% of the voting securities of the Company (other than by means of conversion or exercise of the Notes and the Securities issued together with the Notes), (b) the Company merges into or consolidates with any other Person, or any Person merges into or consolidates with the Company and, after giving effect to such transaction, the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the Company or the successor entity of such transaction, (c) the Company sells or transfers all or substantially all of its assets to another Person and the stockholders of the Company immediately prior to such transaction own less than 66% of the aggregate voting power of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a three year period of more than one-half of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the date hereof), or (e) the execution by the Company of an agreement to which the Company is a party or by which it is bound, providing for any of the events set forth in clauses (a) through (d) above.

  • Change of Control Date means the date on which a Change of Control occurs.

  • Change of Control Triggering Event means the occurrence of both a Change of Control and a Rating Event.

  • Change of Control Put Date shall have the meaning specified in Section 11.1.

  • Make-Whole Fundamental Change Period shall have the meaning specified in Section 14.03(a).

  • Change of Control Period means the period commencing on the date hereof and ending on the third anniversary of the date hereof; provided, however, that commencing on the date one year after the date hereof, and on each annual anniversary of such date (such date and each annual anniversary thereof shall be hereinafter referred to as the "Renewal Date"), unless previously terminated, the Change of Control Period shall be automatically extended so as to terminate three years from such Renewal Date, unless at least 60 days prior to the Renewal Date the Company shall give notice to the Executive that the Change of Control Period shall not be so extended.

  • Change of Control Redemption Date shall have the meaning set forth in Section 7.2;

  • Change of Control Value means (i) the per share price offered to stockholders of the Company in any such merger, consolidation, reorganization, sale of assets or dissolution transaction, (ii) the price per share offered to stockholders of the Company in any tender offer or exchange offer whereby a Change of Control takes place, or (iii) if such Change of Control occurs other than pursuant to a tender or exchange offer, the Fair Market Value per share of the shares into which Awards are exercisable, as determined by the Committee, whichever is applicable. In the event that the consideration offered to stockholders of the Company consists of anything other than cash, the Committee shall determine the fair cash equivalent of the portion of the consideration offered which is other than cash.

  • Change of Control Termination means (i) a Termination Without Cause of the Employee’s employment by the Employer (other than for death or disability) within twelve (12) months after a Change of Control or (ii) the Employee’s resignation for Good Reason within twelve (12) months after a Change of Control.

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Change of Control Notice means notice of a Change of Control Offer made pursuant to Section 3.8, which shall be mailed first-class, postage prepaid, to each record Holder as shown on the Note Register within 30 days following the date upon which a Change of Control occurred, with a copy to the Trustee, which notice shall govern the terms of the Change of Control Offer and shall state:

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.

  • Change in Control Transaction means the occurrence of any of the following events:

  • Control Transaction means any of the following transactions or any combination thereof:

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Control Termination Event shall have the meaning given to such term or any one or more analogous terms in the Lead Securitization Servicing Agreement.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Make-Whole Fundamental Change means any transaction or event that constitutes a Fundamental Change (as defined above and determined after giving effect to any exceptions to or exclusions from such definition, but without regard to the proviso in clause (b) of the definition thereof).

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Change of Control Purchase Date shall have the meaning specified in Section 10.1.