Conversion Option Date definition

Conversion Option Date has the meaning set forth in Section 6(a)(i)(A).
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Conversion Option Date has the meaning set forth in Section 7.5(i).
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Examples of Conversion Option Date in a sentence

  • The Series 13 First Preferred Shares will also be redeemable at the option of the Corporation at a redemption price of (i) $25.00 per share if redeemed on October 15, 2026 or on any fifth anniversary thereafter (each Conversion Option Date) or (ii) $25.50 per share if redeemed on any date after October 15, 2026 that is not a Conversion Option Date, in each case plus accrued and unpaid dividends.

  • December 31, 2020December 31, 2019Annual DividendRedemption Characteristics of the First Preferred Shares: First Preferred Shares (1)(2) InitialYield (%)Current Annual Dividend($)Minimum Reset DividendYield (%) Earliest Redemptionand/or Conversion Option Date Redemption Value($)Right to Convert on a one forone basisFixed rate reset (3)(4) Series A (5)(6) First Preferred Shares are neither redeemable at the option of the shareholder nor have a mandatory redemption date.

  • If more than one Series A Preferred Share held by the same Holder shall be subject to conversion at one time, the number of whole Common Shares issuable upon conversion thereof shall be computed on the basis of the aggregate Liquidation Preference of all of such Series A Preferred Shares as of the Conversion Date or Corporation Conversion Option Date, as applicable.

  • Provided that the Qualified Financing has not been completed on or before the Conversion Option Date, the holders of the Notes together as a class (subject to majority approval of the then Outstanding Balance of the Notes) shall have a one-time demand registration right covering the Conversion Shares (the “Demand Registration Right”).

  • In addition to any information required by applicable law or regulation, the press release and Notice of a Company Conversion Option shall state, as appropriate: (i) the Company Conversion Option Date; (ii) the number of shares of Common Stock to be issued upon conversion of each Series C Preferred Share; (iii) the number of Series C Preferred Shares to be converted; and (iv) that dividends on the Series C Preferred Shares to be converted will cease to accrue on the Company Conversion Option Date.

  • The Series 11 First Preferred Shares will also be redeemable at the option of the Corporation at a redemption price of (i) $25.00 per share if redeemed on January 15, 2026 or on any fifth anniversary thereafter (each a Conversion Option Date) or (ii) $25.50 per share if redeemed on any date after January 15, 2026 that is not a Conversion Option Date, in each case plus accrued and unpaid dividends.

Related to Conversion Option Date

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

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

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

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

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

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Major conversion means a conversion of an existing ship:

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

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Initial Warrant Exercise Date means __________, 1997.

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

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Interest Option means LIBOR or the Reference Rate.

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

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