Examples of Early Conversion Notice in a sentence
The Trustee will, as soon as practicable thereafter, and in any event no later than two Business Days after receipt of the Early Conversion Notice, provide the Early Conversion Notice to the holders of Debentures by mail pursuant to Section 13.2 hereof.
No Issuer’s Early Conversion Notice may be delivered pursuant to this Condition 4(b) where the applicable Settlement Date would (at the time such Issuer’s Early Conversion Notice is given) be expected to fall on or after the Final Maturity Date.
The Early Conversion Notice for the Initial Debentures shall be substantially in the form of Schedule C.
In such Early Conversion Notice, Counterparty may elect, in its sole discretion, not to terminate the Affected Number of Options; provided that absent such an election, such Early Conversion Notice shall be deemed to be an “Early Unwind Notice”.
The Issuer’s Early Conversion Notice shall (i) specify the relevant Conversion Date; and (ii) be given as aforesaid no less than 15 and no more than 20 days prior to the relevant Conversion Date.
On the relevant Delivery Date, the Issuer will also make payment of any accrued interest in accordance with Condition 5.3, any Arrears of Interest in accordance with Condition 5.2 and the Make-whole Amount in accordance with Condition 6.6. An Issuer's Early Conversion Notice shall be irrevocable.
Notwithstanding anything to the contrary in this Confirmation, the receipt by Nomura from Counterparty, within the applicable time period set forth in the immediately preceding sentence, of an Early Conversion Notice shall constitute an Additional Termination Event as provided in this Section 9(f)(i).
The Trustee will, as soon as practicable thereafter, and in any event no later than two Business Days after receiving notice from the Corporation of the pending Change of Control and receipt of the Early Conversion Notice (as defined below), provide written notice to the holders of Debentures by mail pursuant to Section 13.2 of the Corporation’s intention to exercise the Early Conversion Right (the “Early Conversion Notice”).
Once a Bondholder has exercised a Bondholder Voluntary Conversion Right, its Bonds which are the subject of such exercise shall be converted pursuant to this Condition 4(c) notwithstanding any Issuer’s Early Conversion Notice or Accelerated Conversion Event Notice being given on or after the Conversion Date applicable pursuant to this Condition 4(c).
No Issuer’s Early Conversion Notice may be delivered pursuant to this Condition 4(b) where the applicable Settlement Date would fall on or after the Final Maturity Date.