Conversion Contracts definition

Conversion Contracts means each of the FSO 1 Conversion Contract and the FSO 2 Conversion Contract;
Sample 1
Conversion Contracts means the following contracts: (i) contract signed on September 29, 2006, among Vinccler Venezuela, West Falcon Samson Hydrocarbons, S.R.L. and CVP, which identified PetroCumarebo and confirmed the ownership structure as 40% held by Vinccler Venezuela and 60% held by CVP; and (ii) contract signed on July 11, 2006, among Lundin Venezuela, Tecpetrol, Perenco and CVP, which identified Baripetrol and confirmed the ownership structure as 5% held by Lundin Venezuela, 17.5% held by Tecpetrol, 17.5% held by Perenco and 60% held by CVP;
Sample 1
Conversion Contracts shall collectively mean (a) the Davie Contract and (b) the Xxxxxxx Contract, as the same may be amended, supplemented or otherwise modified from time to time as may be permitted hereby. Davie shall mean Davie Maritime, Inc., its successors and assigns. Davie Contract shall mean the Conversion Contract, dated December 3, 2002, between Davie, as builder, and Torch Express, L.L.C., as owner, as the same may be amended, supplemented or otherwise modified from time to time as may be permitted hereby. Default shall mean the occurrence of any event or condition specified in Section 9 hereof, whether or not any requirement for notice or lapse of time or other condition precedent has been satisfied. Deficiency shall mean at any time during the Line of Credit Period, the deficiency arising from the costs to complete the Project exceeding the costs delineated on the Project Expense Schedule such that the amount of Line of Credit Loans available to be drawn hereunder is insufficient to pay the remaining costs to complete the Project. Disbursement Date shall have the meaning ascribed thereto in Section 4.3. Distribution in respect of any Person shall mean (a) dividends or other distributions of cash, stock, assets or other property on or in respect of any shares of stock, membership interest or other equity interest in such Person; and (b) the redemption, repurchase or other acquisition of any shares of stock, membership interest or other equity interest in such Person or of any warrants, rights or other options to purchase any such stock, membership interest or other equity interest (except when solely in exchange for such stock, membership interest or other equity interest); provided that, the issuance or granting of stock, warrants, rights or other options to purchase stock of Borrower shall not be considered a Distribution.
Sample 1

Examples of Conversion Contracts in a sentence

  • Benefits under Conversion Contracts may vary from the benefits under this In-Network Evidence of Coverage and CareFirst BlueChoice reserves all rights, subject to applicable requirements of law, to determine the form and terms of the Conversion Contract(s) to be issued.

  • Benefits under Conversion Contracts may vary from the benefits under this Evidence of Coverage and CareFirst BlueChoice reserves all rights, subject to applicable requirements of law, to determine the form and terms of the Conversion Contract(s) to be issued.

  • Conversion Contracts The Service has previously tendered conversion contracts and the current contracts will expire before the commencement of the next Fleet Business Case.

  • Such request shall identify those SwapClear CTM Contracts (the STM Conversion Contracts) which the SwapClear Clearing Member wishes to be converted to SwapClear STM Contracts.

  • The Seller shall also notify the Buyer within ten (10) Business Days of becoming aware that the Seller or the Builder is entitled to terminate the Conversion Contracts.

  • Following the execution of the MOA, the Seller shall not agree to any material modification or changes to the specifications set out in the Conversion Contracts and the MOA without the Buyer's prior written consent (such consent not to be unreasonably withheld or delayed) save for Permitted Amendments.

  • Benefits under Conversion Contracts may vary from the benefits under this Evidence of Coverage and CareFirst reserves all rights, subject to applicable requirements of law, to determine the form and terms of the Conversion Contract(s) CareFirst issues.

  • No Borrower will incur any liability or obligation except liabilities and obligations under the Conversion Contracts, the Service Contracts, the Guarantee Facility, the Master Agreements and the Finance Documents to which it is a party and liabilities or obligations incurred in the ordinary course of operating and chartering the FSO owned or to be owned by it.

  • In no event, however, and notwithstanding anything to the contrary contained in this Agreement, will the Servicers be, or have any of the obligations of, the principal underwriter of any variable Conversion Policies or Conversion Contracts or have any obligations hereunder with respect to the suitability under insurance law, securities law or otherwise of any sales of Conversion Policies and Contracts to the owners of the MONY Policies and Contracts sold by the MONY Parties directly.

  • The PIA states some condition precedents that will be contained in the Conversion Contracts.

Related to Conversion Contracts

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Conversion building means a building that at any time before creation of the common interest community was occupied wholly or partially by persons other than purchasers and persons who occupy with the consent of purchasers.

  • Conversion condominium means a condominium containing structures which before the recording of the declaration, were wholly or partially occupied by persons other than those who have contracted for the purchase of condominium units and those who occupy with the consent of such purchasers.

  • Conversion Agreement shall have the meaning set forth in the Recitals.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Conversion Schedule means the Conversion Schedule in the form of Schedule 1 attached hereto.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Notice of Conversion/Continuation shall have the meaning provided in Section 2.06.

  • Major conversion means a conversion of an existing ship:

  • Permitted Convertible Notes means any unsecured notes issued by the Company in accordance with the terms and conditions of Section 6.01 that are convertible into a fixed number (subject to customary anti-dilution adjustments, “make-whole” increases and other customary changes thereto) of shares of common stock of the Company (or other securities or property following a merger event or other change of the common stock of the Company), cash or any combination thereof (with the amount of such cash or such combination determined by reference to the market price of such common stock or such other securities); provided that, the Indebtedness thereunder must satisfy each of the following conditions: (i) both immediately prior to and after giving effect (including pro forma effect) thereto, no Default or Event of Default shall exist or result therefrom, (ii) such Indebtedness matures after, and does not require any scheduled amortization or other scheduled or otherwise required payments of principal prior to, and does not permit any Loan Party to elect optional redemption or optional acceleration that would be settled on a date prior to, the date that is six (6) months after the Maturity Date (it being understood that neither (x) any provision requiring an offer to purchase such Indebtedness as a result of change of control or other fundamental change (which change of control or other fundamental change, for the avoidance of doubt, constitutes a “Change of Control” hereunder), which purchase is settled on a date no earlier than the date twenty (20) Business Days following the occurrence of such change of control or other fundamental change nor (y) any early conversion of any Permitted Convertible Notes in accordance with the terms thereof, in either case, shall violate the foregoing restriction), (iii) such Indebtedness is not guaranteed by any Subsidiary of the Company other than the Subsidiary Borrowers or Subsidiary Guarantors (which guarantees, if such Indebtedness is subordinated, shall be expressly subordinated to the Secured Obligations on terms not less favorable to the Lenders than the subordination terms of such Subordinated Indebtedness), (iv) any cross-default or cross-acceleration event of default (each howsoever defined) provision contained therein that relates to indebtedness or other payment obligations of any Loan Party (such indebtedness or other payment obligations, a “Cross-Default Reference Obligation”) contains a cure period of at least thirty (30) calendar days (after written notice to the issuer of such Indebtedness by the trustee or to such issuer and such trustee by holders of at least 25% in aggregate principal amount of such Indebtedness then outstanding) before a default, event of default, acceleration or other event or condition under such Cross-Default Reference Obligation results in an event of default under such cross-default or cross-acceleration provision and (v) the terms, conditions and covenants of such Indebtedness must be customary for convertible Indebtedness of such type (as determined by the board of directors of the Company, or a committee thereof, in good faith).

  • 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.

  • Forced Conversion Notice shall have the meaning set forth in Section 6(d).

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Debentures has the meaning stated in the first recital of this Indenture.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Forced Conversion shall have the meaning set forth in Section 6(d).

  • Conversion Notice means a written notice of conversion substantially in the form annexed hereto as Exhibit A.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Write-Down and Conversion Powers means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.