Convertible Date definition

Convertible Date means the date on which the COES Preferred Shares will become convertible, which is the day following the date that the Registration Statement for the shares of CXI Common Stock underlying the COES Preferred Stock and COES Warrants has been declared effective by the Securities and Exchange Commission ("SEC").
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Examples of Convertible Date in a sentence

  • In addition, Parent Company will transfer to Purchaser, for no additional consideration, five-year warrants ("COES Warrants") to purchase ten (10) shares of CXI Common Stock for each COES Preferred Share purchased, initially exercisable on the Convertible Date and for a period of five years thereafter, at an exercise price equal to 110% of the average closing bid prices of the CXI Common Stock, as reported by Bloomberg, over the 5-day trading period ending on the day prior to the Closing Date.

  • In addition, Parent Company will transfer to Purchaser for no additional consideration, five-year warrants ("COES Warrants") to purchase twelve and one-half (12 1/2) shares of CXI Common Stock for each COES Preferred Share purchased, initially exercisable on the Convertible Date and for a period of five years thereafter, at an initial exercise price equal to $7.14 per share of the CXI Common Stock, subject to adjustment and resetting as set forth in the form of COES Warrant attached hereto as Exhibit B.

  • As the Asterian coastline along the Sirena Sea is not suitable for farming, in this region, the population is scarce and the inhabitants engage in only small-scale fishing.

  • Convertible Date Initial Conversion Price per ShareInitial Conversion Rate per $1,000 Par Value Initial Number of Shares (in millions)2022 Notes February 1, 2022 $ 134.75 7.42 shares 6 Conversion of the 2022 Notes on or after the Convertible Date.

  • Prior to the Convertible Date, holders of the 2022 Notes could convert their 2022 Notes at their option if during any calendar quarter if the last reported sale price of our common stock for at least 20 trading days during the period of 30 consecutive trading days ending on the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day (in each case, the “Conversion Condition”).

  • Penalandothersanctionsmaybearesponsetoanunwillingemployer, butmoreoftenmore‘soft’measuresaremoreadequateifonetriestokepaneyetotheover- al social problem.

  • Ordinary Convertible Date Shares (p) Shares (p) ------------------- ---------- ---------- 2nd June, 1997 93.0 78.5 1st July, 1997 58.5 64.0 1st August, 1997 58.5 56.5 1st September, 1997 63.5 60.5 1st October, 1997 75.5 67.0 3rd November, 1997 103.5 77.5 24th November, 1997 97.5 77.5 2nd December, 1997 138.5 99.0 5.

  • At any time, and from time to time, on or after each Class B Unit’s applicable Class B Convertible Date, the holder of such Class B Unit shall have the option, in its sole discretion, to convert such Class B Unit into a Common Unit on a one-for-one basis.

  • Convertible DateInitial Conversion Price per ShareInitial Conversion Rate per $1,000 Par ValueInitial Number of Shares (in millions)2022 NotesFebruary 1, 2022$ 134.757.42 shares6 Conversion of the 2022 Notes prior to the Convertible Date.

  • Job descriptions for all part-time classifications are included in the City's Classification Plan.

Related to Convertible Date

  • Company Convertible Securities means, collectively, any other options, warrants or rights to subscribe for or purchase any capital shares of the Company or securities convertible into or exchangeable for, or that otherwise confer on the holder any right to acquire any capital shares of the Company.

  • Convertible Debt means debt securities or other Indebtedness, the terms of which provide for conversion into, or exchange for, Equity Interests (other than Disqualified Equity Interests) of Holdings or any other Loan Party, cash in lieu thereof or a combination of Equity Interests and cash in lieu thereof.

  • convertible means, if used to describe securities, that the rights and attributes attached to the securities include the right or option to purchase, convert into or exchange for or otherwise acquire equity securities of an issuer, or any other security that itself includes the right or option to purchase, convert into or exchange for or otherwise acquire equity securities of an issuer;

  • Convertible Senior Notes means the Borrower’s 1.00% Convertible Senior Notes in the principal amount of $287,500,000 due 2020.

  • Convertible Securities means any stock or other security (other than Options) that is at any time and under any circumstances, directly or indirectly, convertible into, exercisable or exchangeable for, or which otherwise entitles the holder thereof to acquire, any shares of Common Stock.

  • Initial Issuance Date means the Closing Date of the first Series of Notes issued to the Holders.

  • Convertible Security means one of the Convertible Securities.

  • 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.

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

  • Convertible Security Acquisition means an acquisition by a Person of Voting Shares upon the exercise, conversion or exchange of a Convertible Security received by a Person pursuant to a Permitted Bid Acquisition, an Exempt Acquisition or a Pro Rata Acquisition;

  • Convertible Preferred Stock has the meaning set forth in the recitals.

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this Agreement.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $0.01 par value per share, of the Corporation.

  • Convertible Debenture means the 6% convertible debenture dated July 1, 2008 and due July 1, 2011, in the amount of CAD$10,000,000 issued by Orezone to the Debentureholder;

  • Issuance Date means the date hereof.

  • Capitalization Date has the meaning set forth in Section 3.2(a).

  • Mandatorily Convertible Securities means any mandatorily convertible equity-linked securities issued by the Borrower or its Subsidiary, so long as the terms of such securities require no repayments or prepayments and no mandatory redemptions or repurchases, in each case prior to at least 91 days after the later of the termination of the Commitments and the repayment in full of the Revolving Credit Advances and all other amounts due under this Agreement.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Convertible land means a building site which is a portion of the common areas

  • Series A Convertible Preferred Stock means the Series A Convertible Preferred Stock, $0.001 par value per share, of the Corporation.

  • Common Stock means the common stock of the Company.

  • Permitted Convertible Debt means Indebtedness of the Borrower that is convertible into a fixed number (subject to customary anti-dilution adjustments, “make-whole” increases and other customary changes thereto) of shares of Common Stock (or other securities or property following a merger event or other change of the Common Stock), 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 such Indebtedness shall (a) not require any scheduled amortization or otherwise require payment of principal prior to, or have a scheduled maturity date earlier than, one hundred eighty (180) days after the Term Loan Maturity Date, (b) be unsecured, (c) not be guaranteed by any Subsidiary of Borrower, and (d) be on terms and conditions customary for Indebtedness of such type, as determined in good faith by the board of directors of the Borrower or a committee thereof; provided further, that any cross-default or cross-acceleration event of default (each howsoever defined) provision contained therein that relates to indebtedness or other payment obligations of Borrower (or any of its Subsidiaries) (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.