Deconversion has the meaning ascribed thereto in Section 12.2 hereof.
Mandatory Conversion Date has the meaning set forth in Section 7(a).
Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
Make-Whole Fundamental Change Conversion Period has the following meaning:
Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.
Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.
Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.
Initial Conversion Price has the meaning specified in Section 13.01.
Conversion Date shall have the meaning set forth in Section 4(a).
Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.
Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.
New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:
Fixed Conversion Price shall have the meaning set forth in Section 4(b).
Forced Conversion Date shall have the meaning set forth in Section 6(d).
Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.
Conversion therapy means any practice or treatment as defined in § 54.1-2409.5 A of the Code of Virginia.
Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;
Automatic Conversion Date shall have the meaning specified in Section 15.12(a).
Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.
Date of Conversion Conversion Price:_______________________________________________________________
Dividend Date means a date specified in the Issue Resolution on which a dividend in respect of that preference share is payable.
Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.
Term End Date means [Insert date];
Mandatory Settlement Date means the earliest of:
Interest Conversion Shares shall have the meaning set forth in Section 2(a).
Base Conversion Price shall have the meaning set forth in Section 5(b).