Conversion Calculation Date definition

Conversion Calculation Date means, in relation to any tranche of C Shares, the earlier of:
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Conversion Calculation Date means, in relation to any tranche of C Shares, the earliest of:
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Conversion Calculation Date. (i) in the case of a Conversion pursuant to Section 12.01(a) hereof, the third Business Day preceding the Fundamental Change Repurchase Date and (ii) in the case of a Conversion pursuant to Section 12.01(b) hereof, the first Business Day following the Final Conversion Period.
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Examples of Conversion Calculation Date in a sentence

  • Pursuant to the Articles and absent any Force Majeure Circumstances, the C Shares to be issued pursuant to the Placing will convert to New Ordinary Shares on the Conversion Date, being the earlier of: (i) the opening of business on the dealing day selected by the Directors falling after the Conversion Calculation Date; and (ii) the business day 36 months following the issue of the C Shares pursuant to the Placing.

  • The Conversion Calculation Date will be the close of business on the day determined by the Directors occurring not before the day on which the Investment Manager gives notice to the Directors that at least 85 per cent.

  • Following the Conversion Calculation Date, the Directors shall procure that the Conversion Ratio and the number of New Ordinary Shares due to each holder of the C Shares is calculated and that the Company prepares the fair valuations of the assets attributable to the Company’s Ordinary Shares and the C Shares in accordance with the accounting principles adopted by the Company.

  • Events occurring after the balance sheet dateShare ConversionThe facility to convert between share classes operated in respect of the 30 June 2008 Conversion Calculation Date and resulted in an increase in the number of shares in the£ Class and US$ Class of 6,884,711 and 6,462,445 respectively and a decrease in the number of shares in the € Class and A$ Class of 11,247,032 and 2,100,124 respectively.13.

  • Upon conversion, the new Ordinary Shares arising will rank pari passu with all other Ordinary Shares then in issue for dividends and other distributions declared, made or paid by reference to a record date falling after the relevant Conversion Calculation Date.

  • The Directors shall, on the issue of each tranche of C Shares, determine the minimum percentage of assets required to have been invested or committed (which shall include, where relevant, the repayment of any debt incurred by or on behalf of the Company) prior to the Conversion Calculation Date, the last date for the Conversion of such tranche of C Shares to take place and the voting rights attributable to each such tranche.

  • The Company shall cause such issuance and delivery to be made promptly and in no event later than fifteen (15) days following the applicable Conversion Calculation Date; provided that such issuance and delivery shall be contingent on the Holder’s compliance with Section 12.01(f).

  • On the Conversion Calculation Date, the Series A Conversion Price shall be calculated using the following formula: X = Y ------------ 34,141,483 Where X = the Series A Conversion Price, and Y = 8 multiplied by the Corporation's audited net income for the twelve (12) month period ending July 31, 1998.

  • Upon Conversion, the new Ordinary Shares arising will rank pari passu with all other Ordinary Shares then in issue for dividends and other distributions declared, made or paid by reference to a record date falling after the relevant Conversion Calculation Date.

  • In the event such calculation must be made prior to the Conversion Calculation Date, the calculation shall be made as if the Series A Conversion Price were $0.4393 (subject to adjustments for stock splits, stock dividends and the like).


More Definitions of Conversion Calculation Date

Conversion Calculation Date means, in relation to any class of C Shares, the earlier of:
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Conversion Calculation Date means July 31, 1998; provided, however, that if on such date the Corporation is pursuing an initial public offering or a merger or similar event which would result in the exchange of the Series A Preferred or substantially all the assets of the Corporation for cash or publicly traded securities, the "Conversion Calculation Date" shall mean the date one hundred eighty (180) days following such date.
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Conversion Calculation Date means the date being the last Business Day of the month immediately preceding the month in which a Conversion Notice is received;
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Conversion Calculation Date means the earliest of:
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Related to Conversion Calculation Date

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Automatic Conversion Date has the meaning set forth in Section 7(c).

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 4; provided, however, that if a subsequent Valuation Date occurs under Paragraph 2 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 2.

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

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

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