Conversion Conditions definition

Conversion Conditions means the following:

Conversion Conditions shall have the meaning set forth in Section 8.1(c) hereof.

Conversion Conditions means the shares of Common Stock are listed on an Approved Market and trade with a Closing Price of at least 250% of the Conversion Price then in effect for a period of 20 Trading Days out of 30 consecutive Trading Days on average trading volume of not less than 50,000 shares per day over the subject 30-day trading period (as adjusted ratably for stock splits, reclassifications and other like kind events affecting the Common Stock).

Examples of Conversion Conditions in a sentence

• No consent, notice, waiver, approval, Order or authorization of, or registration, declaration or filing with, any Governmental Authority, is required by, or with respect to, Acquiror in connection with the execution and delivery of this Agreement and any Related Agreement or the consummation of the Contemplated Transactions (including the payment of the Share Consideration) and thereby, except for the Conversion Conditions.

• Except as set forth in Section 4.3 of the Seller Disclosure Statement, no consent, notice, waiver, approval, Order or authorization of, or registration, declaration or filing with, any Governmental Authority, is required to be obtained by any member of the Seller Group Company, in connection with the execution and delivery of this Agreement and any Related Agreement or the consummation of the Contemplated Transactions, except for the Conversion Conditions or the Reorganization.

• Each of the Parties agrees that the information obtained in any investigation prior to the Agreement Date, or otherwise pursuant to the negotiation and execution of this Agreement or the effectuation of the Contemplated Transactions, including, for the avoidance of doubt, in connection with the Conversions and the Conversion Conditions, shall be governed by the terms of the Confidentiality Agreement.

More Definitions of Conversion Conditions

Conversion Conditions shall have the meaning set forth in Article II, Paragraph F, Section 5(a).

Conversion Conditions is defined in Section 4.3.

Conversion Conditions are defined as all of the following: (i) final lien waivers or releases from the Contractor and each and every subcontractor and supplier of materials who has supplied goods and/or services worth at least Two Thousand Dollars ($2,000.00) with respect to the Project; (ii) final Certificate(s) of Occupancy issued by the Town of Greenville with respect to the Project and the Borrower (and any tenants) shall have taken occupancy thereof; (iii) cash or certified funds from the Borrower to the Bank in an amount necessary to pay all accrued and outstanding interest and any other costs or charges outstanding under the Loans; (iv) the Improvements shall have been constructed upon the Premises without any mechanics' or materialmen's liens, and in strict conformity with the Plans and Specifications; and (v) no Event of Default shall have occurred or be continuing.

Conversion Conditions has the meaning specified in Section 4.03.

Conversion Conditions means the conditions set forth in Section 4.02.

Conversion Conditions means the conditions set forth in Sections 9.15(a) or 9.15(c), as applicable.

Conversion Conditions means the conditions to Conversion as set forth in the Continuing Covenants Agreement.