Conversion Calculation Date definition

Conversion Calculation Date means, in relation to any tranche of C Shares, the earlier of:
Sample 1Sample 2Sample 3
Conversion Calculation Date means, in relation to any tranche of C Shares, the earliest of:
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3

Examples of Conversion Calculation Date in a sentence

  • On Conversion, such number of C Shares as shall be necessary to ensure that, upon Conversion being completed, the aggregate number of New Ordinary Shares into which those C Shares are converted equals the number of C Shares in issue on the Conversion Calculation Date multiplied by the Conversion Ratio and rounded down to the nearest whole Ordinary Share, shall automatically convert into an equal number of New Ordinary Shares.

  • The directors shall, on the issue of each tranche of C Shares, determine the Conversion Calculation Date (including the percentage of assets to have been invested prior to calculation of the Conversion Ratio taking place), Conversion Date, Conversion Ratio and voting rights attributable to each such tranche.(b) Each tranche of C Shares, if in issue at the same time, shall be deemed to be a separate class of shares.

  • 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.

  • 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.

  • Finally, the question of UNCTAD’s resource base should be given serious thought so as to enable it to fulfill its mandate and respond fully to the needs of developing countries.

  • 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.

  • 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.

  • If the Noteholder has elected to convert the Convertible Note in accordance with clause (a), the Company will proceed to issue and allot to the Noteholder, or its nominee which must be a fully owned subsidiary of the Noteholder, that number of Shares as calculated in accordance with clause 4.2 within 10 Business Days of the 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.


More Definitions of Conversion Calculation Date

Conversion Calculation Date means, in relation to any class of C Shares, the earlier of:
Sample 1Sample 2
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.
Sample 1
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;
Sample 1
Conversion Calculation Date means the earliest of:
Sample 1

Related to Conversion Calculation Date

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to defining the relevant Interest Periods and Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Compound SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Compound SOFR Note.Average SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Average SOFR Notes will bear interest at a rate per annum equal to Average SOFR (as defined below) plus the Spread.With respect to any Interest Period, unless otherwise specified or modified in the applicable Pricing Supplement, “Average SOFR” will be calculated by the Calculation Agent on each SOFR Interest Determination Date (as defined below) as follows (with the resulting percentage being rounded, if necessary, to the nearest one hundred-thousandth of a percentage point, with 0.000005 being rounded upwards to 0.00001): 0 Where:

  • 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.

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • 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: