Examples of Company Conversion Date in a sentence
The Company shall deliver such Company Conversion Notice at least two (2) Trading Days, but not more than five (5) Trading Days before the Maturity Date or earlier date of intended conversion (the date that the Company intends to effect such conversion is hereinafter referred to as the "Company Conversion Date").
No fractions of shares or scrip representing fractions of shares will be issued on conversion, but instead of any fractional interest, the Company shall pay a cash adjustment, computed on the basis of the Closing Price of the Common Stock on the Trading Day immediately prior to the Company Conversion Date, or, at its option, the Company shall round up to the next higher whole share.
Each Company Conversion Notice shall specify the principal amount of Debentures to be converted and the date on which such conversion is to be effected, which date may not be prior to the date such Company Conversion Notice is deemed to have been delivered hereunder (a "Company Conversion Date").
Each of a Company Conversion Date and a Holder Conversion Date is referred to herein as a "Conversion Date".
Notwithstanding anything herein to the contrary, if any of the conditions set forth in clauses (i) and (ii) herein shall cease to be in effect during the period between the date of the delivery of the Company Conversion Notice and the Company Conversion Date, then the Holder subject to such conversion may elect, by written notice to the Company given at any time after any such conditions shall cease to be in effect, to invalidate ab initio such conversion.