Converting Holder definition

Converting Holder shall have the meaning specified in Section 12.02(c) of this Indenture.

Converting Holder means the Holder of Debentures or Warrants, as the case may be, who or which has submitted a Notice of Conversion (as contemplated by the Debentures) or a Notice of Exercise (as contemplated by the Warrants) or a demand for Agreement Shares.

Converting Holder means a Record Holder of Non-Voting Common Units who delivers an Automatic Conversion Notice or Optional Conversion Notice pursuant to Section 5.9(b)(v)(A) or (B), respectively.

Examples of Converting Holder in a sentence

• For purposes of this Section 5.9(b)(v)(B)(1), beneficial ownership and the beneficial ownership percentage shall be calculated in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder, including taking into account any other securities held by the applicable Maximum Percentage Converting Holder or any of the Attribution Parties that are convertible into Common Units, as applicable.

• The Common Units issuable upon conversion shall be issued in the name of the Converting Holder or to a transferee specified in such Optional Conversion Notice.

• Immediately upon the issuance of Common Units as a result of any conversion of Non-Voting Common Units, all rights of the Converting Holder with respect to such Non-Voting Common Units so converted shall cease, subject to Section 5.9(b)(i)(B), and such Converting Holder thereafter shall be treated for all purposes as the owner of the Common Units issuable upon such conversion.

• Subject to Section 5.12(b)(i)(B), upon issuance of Common Units to the Converting Holder, all rights under the converted Non-Voting Common Units shall cease, and such Converting Holder shall be treated for all purposes as the Record Holder of such Common Units.

• At least one (1) Business Day before the closing of any transfer that results in an automatic conversion pursuant to this Section 5.9(b)(v)(A), the Converting Holder shall deliver written notice of such transfer (an “Automatic Conversion Notice”) to the Partnership at the addresses listed in Section 5.9(b)(v)(C).

More Definitions of Converting Holder

Converting Holder shall have the meaning specified in Section 12.02 (c) of this Indenture.

Converting Holder means the Holder of the Note, who or which has submitted a Notice of Conversion (as contemplated by the Note) and/or Holder of the Warrant who or which has submitted a Notice of Exercise.

Converting Holder means a Record Holder of Non-Voting Common Units that are automatically converted into Common Units pursuant to Section 5.9(b)(v).

Converting Holder shall have the meaning set forth in Section 3.5 hereof.

Converting Holder shall have the meaning specified in Section 1402(c) of this Indenture.

Converting Holder shall have the meaning set forth in Section 7(d)(i).

Converting Holder has the meaning specified in Section 1403.