Change of Control Conversion Right definition

Change of Control Conversion Right means the right of a holder of Series A Preferred Units to convert some or all of the Series A Preferred Units held by such holder on the Change of Control Conversion Date into a number of our common units per Series A Preferred Unit pursuant to the conversion provisions in our partnership agreement.

Change of Control Conversion Right shall have the meaning provided in Section 9(d)(i).

Change of Control Conversion Right shall have the meaning set forth in Section 2.04 hereof.

Examples of Change of Control Conversion Right in a sentence

• If, prior to the Change of Control Conversion Date (as hereinafter defined), the Corporation has provided notice of its election to redeem some or all of the shares of Series A Preferred Stock pursuant to this Section 6, the holders of Series A Preferred Stock will not have the Change of Control Conversion Right (as hereinafter defined) with respect to the shares called for redemption.

• Exercise of the Change of Control Conversion Right shall be consistent with the procedures set forth in Sections 11(b)(iv) and (v) of the Articles Supplementary.

• Under cross-examination, AENV addressed a number of questions regarding the impact of tailings seepage, the treatment of basal aquifer depressurization water, the impact of sulphur springs on water quality within the Athabasca River, and the responsible authority for groundwater monitoring.

• Such Series A Change of Control Conversion Date shall be a Business Day that is no fewer than 20 days nor more than 35 days from the date on which the Partnership provides the notice to Series A Holders of the Series A Change of Control Conversion Right under Section 16.11(b).

• If, prior to the Change of Control Conversion Date (as hereinafter defined), the Corporation has provided notice of its election to redeem some or all of the shares of Series B Preferred Stock pursuant to this Section 6, the holders of Series B Preferred Stock will not have the Change of Control Conversion Right (as hereinafter defined) with respect to the shares called for redemption.

More Definitions of Change of Control Conversion Right

Change of Control Conversion Right means the right of a holder of Series E Preference Shares to convert some or all of the Series E Preference Shares held by such holder on the Change of Control Conversion Date into a number of Common Shares per Series E Preference Share pursuant to the conversion provisions in this Section 5 with respect to the Series E Preference Shares.

Change of Control Conversion Right has the meaning set forth in Section 9(a).

Change of Control Conversion Right means the right of a holder of Class D Preferred Units to convert some or all of the Class D Preferred Units held by such holder on the Change of Control Conversion Date into a number of Common Units per Class D Preferred Unit pursuant to the conversion provisions in this Certificate of Designation.

Change of Control Conversion Right means the right of a holder of Series B Preference Shares to convert some or all of the Series B Preference Shares held by such holder on the Change of Control Conversion Date into a number of Common Shares (or Alternative Conversion Consideration, as applicable) per Series B Preference Share.

Change of Control Conversion Right means the right of a holder of Series UU Preferred Stock to convert some or all of the Series UU Preferred Stock held by such holder on the Change of Control Conversion Date into a number of our common stock per share of Series UU Preferred Stock.

Change of Control Conversion Right means the right of a holder of Series A Preference Shares to convert some or all of the Series A Preference Shares held by such holder on the Change of Control Conversion Date into a number of Common Shares (or Alternative Conversion Consideration, as applicable) per Series A Preference Share.

Change of Control Conversion Right shall have the meaning set forth in Section 7(a). “Change of Control Notice” shall have the meaning set forth in Section 8(c). “Close of Business” shall mean 5:00 p.m., New York City time. “Code” shall mean the Internal Revenue Code of 1986, as amended. “Commission” shall mean the U.S. Securities and Exchange Commission, including the staff thereof. “Common Stock” shall mean the common stock, par value $0.0001 per share, of the Company. “Common Stock Equivalents” shall mean any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, rights, Options, warrants or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock. “Company” shall mean Canoo Inc., a corporation organized and existing under the laws of the State of Delaware, and any successor thereof. “Conversion Notice” shall have the meaning assigned to it in Section 7(a). “Conversion Price” means the lesser of: (i) 120% of the applicable Average Common Stock Price, provided that if the Average Common Stock Price is equal to the Floor Price, the Conversion Price