Class D Conversion Effective Date definition

Class D Conversion Effective Date has the meaning assigned to such term in Section 5.13(b).
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Class D Conversion Effective Date has the meaning assigned to such term in Section 5.13(b). “Class D Units” means a Partnership Security representing a fractional part of the Partnership
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Examples of Class D Conversion Effective Date in a sentence

  • Subject to the requirements of Section 6.10, the Partners holding Certificates evidencing Class D Units may exchange such Certificates for Certificates evidencing Common Units on or after the Class D Conversion Effective Date pursuant to the terms of Section 5.13.

  • Subject to the requirements of Section 6.10, on or after the Class D Conversion Effective Date, each holder of Class D Units shall promptly surrender the Class D Unit Certificates therefor, duly endorsed, at the office of the General Partner or of any transfer agent for the Class D Units.

  • The terms of the Class D Units will be changed, automatically and without further action, on the Class D Conversion Effective Date so that each Class D Unit is converted into one Common Unit and, immediately thereafter, none of the Class D Units shall be Outstanding; provided, however, that such converted Class D Units will remain subject to the provisions of Sections 6.1(d)(x) and 6.10.

  • Such conversion shall be deemed to have been made as of the Class D Conversion Effective Date whether or not the Class D Unit certificate has been surrendered as of such date, and the Person entitled to receive the Common Units issuable upon such conversion shall be treated for all purposes as the record holder of such Common Units as of such date.

  • Prior to the Class D Conversion Effective Date, the Class D Common Units shall be entitled to vote as a single class with the holders of the Common Units on any matters on which Unitholders are entitled to vote, and shall be entitled to vote as a separate class on any matter that adversely affects the rights or preferences of the Class D Common Units in relation to other classes of Partnership Interests (including as a result of a merger or consolidation) or as required by law.

  • Such conversion shall be effective as of the Class D Conversion Effective Date, and the Person entitled to receive the Common Units issuable upon such conversion shall be treated for all purposes as the record holder of such Common Units as of such date.

  • The terms of the Class D Common Units will be changed, automatically and without further action, on the Class D Conversion Effective Date so that each Class D Common Unit is converted into one Common Unit and, immediately thereafter, none of the Class D Common Units shall be Outstanding.

  • The terms of the Class D Units will be changed, automatically and without further action, on the Class D Conversion Effective Date so that each Class D Unit is converted into one Common Unit and, immediately thereafter, none of the Class D Units shall be Outstanding; provided, however, that such converted Class D Units will remain subject to the provisions of Section 6.1(d)(x) and Section 6.10.

Related to Class D Conversion Effective Date

  • 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.

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

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

  • 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.

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

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

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

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Merger Effective Date means the date on which the Merger is consummated.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Fundamental Change Effective Date means the date on which any Fundamental Change becomes effective.

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Class A-2 Final Scheduled Distribution Date means the Distribution Date.

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

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Judgment Conversion Date as defined in subsection 10.8(a).

  • Class A-3 Final Scheduled Distribution Date means the Distribution Date.

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

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