Conversion Capital definition

Conversion Capital means conversion capital (Wandlungskapital) within the meaning of the Swiss Banking Act.
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Conversion Capital means conversion capital (Wandlungskapital) within the meaning of the FBA.
Sample 1Sample 2Sample 3

Examples of Conversion Capital in a sentence

  • Event Notice in respect of which the Viability Event has occurred prior to the occurrence of a Conversion Capital Availability Event.

  • Event Notice in respect of which the Viability Event has occurred on or after the occurrence of a Conversion Capital Availability Event.

  • Event Notice given on or after the occurrence of a Conversion Capital Availability Event.

  • Event Notice given prior to the occurrence of a Conversion Capital Availability Event.

  • The fourth option is essentially to continue with the LED Conversion Capital Program at$27,000 a year for the remaining 14 years until the entire Town’s post-top fixtures are converted.

  • As part of the change in the legal form of the Company into a stock corporation, the shares of the Company are transformed into no-par bearer shares with calculated nominal amount of EUR 1.00 in the registered share capital.With execution of this resolution, the Settlement Agent shall assume 1,539,000 new shares from the Conversion Capital Increase.

  • The Conversion Capital Account shall be maintained in an identical manner to the Capital Account, subject to the adjustments set forth in this Clause 5.05(h).

  • The number of Conversion Capital registered upon conversion of any Bond shall be determined by dividing the principal amount of the Bond converted by the Conversion Price in effect on the conversion date of the Bond.

  • The SAR Exercise Price shall not be less than (i) 100% of the Fair Market Value of the Stock on the date the SAR is granted for a SAR issued in tandem with an Incentive Stock Option and (ii) 50% of the Fair Market Value of the Stock on the date the SAR is granted for other SARs.

  • This Acquisition Offer is subject to the Conversion Capital Increase in Kind becoming effective and to the Underwriting and Settlement Agreement not being terminated by the Settlement Agent before the consummation of the Conversion Capital Increase in Kind.

Related to Conversion Capital

  • Conversion Amount means the sum of the Stated Value at issue.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

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

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.

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

  • Conversion Factor means 1.0, provided that in the event that the General Partner (i) declares or pays a dividend on its outstanding REIT Shares in REIT Shares or makes a distribution to all holders of its outstanding REIT Shares in REIT Shares, (ii) subdivides its outstanding REIT Shares, or (iii) combines its outstanding REIT Shares into a smaller number of REIT Shares, the Conversion Factor shall be adjusted by multiplying the Conversion Factor by a fraction, the numerator of which shall be the number of REIT Shares issued and outstanding on the record date for such dividend, distribution, subdivision or combination (assuming for such purposes that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of REIT Shares (determined without the above assumption) issued and outstanding on such date and, provided further, that in the event that an entity other than an Affiliate of the General Partner shall become General Partner pursuant to any merger, consolidation or combination of the General Partner with or into another entity (the “Successor Entity”), the Conversion Factor shall be adjusted by multiplying the Conversion Factor by the number of shares of the Successor Entity into which one REIT Share is converted pursuant to such merger, consolidation or combination, determined as of the date of such merger, consolidation or combination. Any adjustment to the Conversion Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event; provided, however, that if the General Partner receives a Notice of Redemption after the record date, but prior to the effective date of such dividend, distribution, subdivision or combination, the Conversion Factor shall be determined as if the General Partner had received the Notice of Redemption immediately prior to the record date for such dividend, distribution, subdivision or combination.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • 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.

  • 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.