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").

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.

  • Convertible DateInitial Conversion Price per ShareInitial Conversion Rate per $1,000 Par ValueInitial Number of Shares (in millions)2022 Notes February 1, 2022 $ 134.75 7.42 shares 6 Conversion of the 2022 Notes prior to the Convertible 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.

  • 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”).

  • 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.

  • On or after the applicable Convertible Date, a holder may convert all or any portion of its Notes at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date regardless of the foregoing conditions.

  • 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.

  • We currently intend to settle the principal amount of the 2022 Notes with cash.Initial ConversionConvertible DateInitial Conversion Price per ShareRate per $1,000 Par ValueInitial Number of Shares (in millions)2022 Notes February 1, 2022 $ 134.75 7.42 shares 6 Conversion of the 2022 Notes prior to the Convertible Date.

  • Deze Gebruiksvoorwaarden zijn niet onderworpen aan de provisies van xx xxxxx Californië ten aanzien van de strijdigheid van wettelijke bepalingen of de wetten van xx xxxxx of het land waar u gevestigd bent.

  • If any certificate for Common Stock is issued to the Payee, the Payee shall, for all purposes, be deemed to have become the holder of record of such shares on the Initial Convertible Date, the Second Convertible Date or the Third Convertible Date, as the case may be, irrespective of the date of issue or delivery of the share certificate(s).

Related to Convertible Date

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

  • Convertible Debt means Debt issued by the Borrower which by its terms may be converted into or exchanged for equity securities of the Borrower at the option of the Borrower or the holder of such Debt, including without limitation, Debt with respect to which the performance due by the Borrower may be measured in whole or in part by reference to the value of an equity security of the Borrower but may be satisfied in whole or in part in cash.

  • Convertible Senior Notes means the 4.75% Convertible Senior Notes of the Borrower due 2011.

  • Convertible Securities means any stock or securities (other than Options) directly or indirectly convertible into or exercisable or exchangeable for 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.

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Series B Convertible Preferred Stock means the Series B Convertible Preferred Stock, $.01 par value, of the Corporation.

  • Convertible space means a portion of the structure within the condominium

  • 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, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Permitted Convertible Debt means (a) the 2026 Convertible Notes and (b) any other Debt incurred by the Credit Parties that (i) is either (x) a note or other debt instrument issued by a Credit Party which is convertible into Equity Interests of Holdings (and cash in lieu of fractional shares) or (y) sold as units together with a Permitted Bond Hedge Transaction or a Permitted Warrant Transaction that are exercisable for Equity Interests of Holdings (any indenture, promissory note or other instrument pursuant to which such debt securities and/or units are issued or otherwise governed, the “Future Convertible Notes”); (ii) the obligations of all Persons (including all Credit Parties) in respect of such notes and/or units (and any guarantee thereof) are fully unsecured; (iii) does not have a stated maturity prior to the date that is six (6) months following the Maturity Date (without giving effect to clause (b) under such definition); (iv) has no scheduled amortization or principal payments or requires any mandatory redemptions or payments of principal (other than as a result of a conversion thereof into Equity Interests of Holdings) prior to the date that is six (6) months following the Maturity Date (without giving effect to clause (b) under such definition) other than customary payments upon a change of control or fundamental change event (it being understood that conversion of any such Debt shall not be considered a redemption or payment); (v) the rate of interest payable in cash in respect of such notes shall not exceed eight percent (8.00%) per annum (as may be increased by not more than fifty basis points of additional interest under the terms of the related indenture), (vi) to the extent such Debt includes a cross-event of default (other than any cross-payment event of default or cross-acceleration event of default) provision contained therein that relates to indebtedness of any Borrower (such indebtedness, a “Cross-Default Reference Obligation”), contains a cure period of at least fifteen (15) calendar days before an event of default or other event or condition under such Cross-Default Reference Obligation results in an event of default under such cross-default provision, (vii) no Subsidiary that is not a Credit Party shall guarantee the obligations under such notes, and each guarantee of such notes by a Credit Party shall provide for the release and termination thereof, without action by any Person, upon any release and termination of the guarantee by such Credit Party of the Obligations, (viii) the terms, conditions, fees, covenants, and settlement mechanics (if applicable) of such notes shall be such as are typical and customary for Debt of such type (as determined by the Borrower Representative in good faith), and (ix) immediately before and after giving pro forma effect to the incurrence of such Debt and any concurrent use of proceeds thereof, no Event of Default shall have occurred and be continuing.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.