Conversion Termination Date has the meaning specified in Section 14.11(d).
Conversion Termination Date has the meaning specified in Section 4.08(h)(ii).
Conversion Termination Date has the meaning assigned to such term in Section 4.08(h)(ii) of the related Trust Agreement. The "Conversion Termination Date of the Securities" shall be the close of business on the Business Day selected by the Company that is not less than 30 nor more than 60 calendar days after (1) the date on which the related Commonwealth Bankshares Capital Trust (or the Company, as the case may be) issues the Press Release as provided in Section 14.11 (b) announcing the Company's intention to terminate the conversion rights of the holders of the Trust Securities or (2) the date on which the Company issues the press release required by Section 14.11(c) announcing its intention to terminate the conversion rights of the Holders of the Securities, as the case may be. If the Company does not exercise its conversion termination option, the Conversion Termination Date of the Securities (i) with respect to any principal amount of Securities that is called for repayment shall be the close of business on the Business Day prior to the scheduled date for such repayment and (ii) in any other case shall be the close of business on the Business Day prior to the Maturity Date of the Securities. As of the close of business on the earlier of the Conversion Termination Date or the Conversion Termination Date of the Securities, the Securities shall be deemed to be nonconvertible securities. This instrument may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original, but all such counterparts shall together constitute one and the same instrument.
Examples of Conversion Termination Date in a sentence
The Company will not be required to make any interest payment to any holder that converts Convertible Notes after the Conversion Termination Notice Date and prior to the Conversion Termination Date on a Conversion Date that is between a record date for the payment of interest to the next succeeding interest payment date, as such holder will instead receive such funds that would otherwise be payable on such interest payment date as part of the Interest Make-Whole Payment.
The Conversion Rights of holders shall terminate after the Conversion Termination Date (a “Conversion Termination”), and thereafter the holders shall have no rights to convert and receive shares of Common Stock under the Convertible Notes or this Indenture.
Upon receiving a Redemption Notice, at any time prior the to Conversion Termination Date stated therein, each holder of Series A Preferred Stock shall be entitled to convert some or all of the Redemption Shares into shares of Common Stock pursuant to the provisions of Section D(1) below.
As of the close of business on the earlier of the Conversion Termination Date or the Conversion Termination Date of the Securities, the Securities shall be deemed to be non-convertible securities.
The Principal Amount may be prepaid by the Company at any time after the expiration of the Conversion Termination Date (as defined herein), together with accrued interest, in whole or in part, without penalty.
More Definitions of Conversion Termination Date
Conversion Termination Date has the meaning specified in Section 3.02.
Conversion Termination Date means 5:00 p.m. New York City Time on the earlier of (x) the Maturity Date (or such later date as all outstanding principal and accrued and unpaid interest under this Note is paid in full) or (y) the business day immediately preceding the Redemption Date (as hereinafter defined).
Conversion Termination Date has the meaning assigned to such term in paragraph 5(h) of Annex I of the Declaration. The "Conversion Termination Date of the Securities" shall be the close of business on the Business Day selected by the Company which is not less than 30 nor more than 60 calendar days after (1) the date on which the Trust issues the press release referred to in Section 1311 (b) announcing the Trust's intention to terminate the conversion rights of the holders of the Preferred Securities or (2) the date the Company issues the press release required by Section 1311 (c) announcing its intention to terminate the conversion rights of the Holders of the Securities, as the case may be. If the Company does not exercise its conversion expiration option, the Conversion Termination Date of the Securities (i) with respect to any principal amount of Securities which is called for redemption shall be the close of business on the Business Day prior to the scheduled date for such redemption and (ii) in any other case shall be the close of business on the Business Day prior to the Maturity Date of the Securities. As of the close of business on the earlier of the Conversion Termination Date or the Conversion Termination Date of the Securities, the Securities shall be deemed to be non-convertible securities. - 110 - 121 ARTICLE XIV
Conversion Termination Date has the meaning set forth in Section 1401 hereof.
Conversion Termination Date of the Securities" and "Conversion Termination Date" have the respective meanings specified in Section 1311(d).
Conversion Termination Date have the respective meanings specified in Section 1311(d).
Conversion Termination Date means the earlier of the following dates: (i) April 1, 2003; or (ii) sixty (60) days following the mailing postmark date of written notice by the Company to the Holders that it intends to close under an Equity Financing. This Debenture may be converted at any time after, but not before, April 1, 1999 (or at any time following written notice by the Company to the Holders that it intends to close under an Equity Offering) and prior to the Conversion Termination Date in whole or in part, at the option of the Holder (the "Conversion") into that number of whole shares of the Company's fully-paid and non-assessable New Common Stock as shall be determined by dividing the then outstanding principal balance of this Debenture plus all interest then accrued but unpaid hereunder, by $.10 (the "Conversion Price"). No fractional shares of the Company's New Common Stock shall be issued nor shall cash in lieu of fractional shares be paid by the Company. A Debenture may be converted in whole or in part by written notice from the Holder to the Company bearing a mailing postmark date not later than the Conversion Termination Date sent to the Principal Office of the Company specifying the portion, if less than all, of the Debenture to be converted, accompanied by surrender of the Debenture. In the event of a partial Conversion of the Debenture by the Holder, another Debenture of like terms equal in principal amount to the unpaid balance of the Debenture partially converted shall be issued to the Holder. The shares of New Common Stock issuable upon the Conversion may not be publicly offered or sold unless the person offering or selling such security complies with the registration provisions of the Securities Act of 1933, as amended or any successor legislation thereto, any state securities law applicable to the issuance and sale of such shares and all applicable rules and regulations adopted by any of the foregoing, or unless, in the opinion of counsel who is satisfactory to Company and its counsel, such offer and sale is exempt from such registration provisions. Notwithstanding anything herein to the contrary, unless the shares issuable on Conversion are covered by a current registration statement under the Securities Act of 1933 as amended, or other applicable law at the time of any proposed Conversion, it shall be a condition of the delivery of certificates for shares of the Company's New Common Stock issuable upon the Conversion, that the Holder deliver to Company, togethe...