Corporation Conversion Notice definition
Corporation Conversion Notice means a notice delivered by the Company to effect a Mandatory Conversion of all the outstanding Series A Preferred Stock in connection with a Fundamental Transaction, provided that such notice shall provide that the effective time of such Mandatory Conversion shall be immediately prior to, and conditioned on, the consummation of the Fundamental Transaction.
Corporation Conversion Notice shall have the meaning set forth in paragraph 4(h)(9)(b).
Corporation Conversion Notice has the meaning set forth in Section 10(c)(v).
Examples of Corporation Conversion Notice in a sentence
The Corporation will not exercise its Mandatory Conversion Right, or otherwise send a Corporation Conversion Notice for any Mandatory Conversion, with respect to any Convertible Preferred Stock pursuant to this Section 10(c) unless the Common Stock Liquidity Conditions are satisfied with respect to the Mandatory Conversion.
The Mandatory Conversion Date for any Mandatory Conversion will be a Business Day of the Corporation’s choosing that is no more than fifteen (15), nor less than ten (10), Business Days after the Corporation Conversion Notice Date for such Mandatory Conversion.