Effective Election Notice definition

Effective Election Notice means an Election Notice following the 45th Business Day after its delivery to a Holder, which shall, after expiration of such forty-five (45) Business Day period, supersede any prior Effective Election Notice.
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Effective Election Notice means an Election Notice following the 30th Business Day after its delivery to a Holder, which shall, after expiration of such thirty (30) Business Day period, supersede any prior Effective Election Notice.
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Effective Election Notice means an Election Notice following the thirtieth (30th) Business Day after its delivery to Xxxxxxxx, which shall, after expiration of such thirty (30) Business Day period, supersede any prior Effective Election Notice.
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Examples of Effective Election Notice in a sentence

  • If an Effective Election Notice provides that the Company shall redeem such shares for cash, then such shares shall be redeemed for cash in an amount equal to the product of (x) (1) the aggregate Stated Value of such shares divided by (2) the Prevailing Market Price as of the date the Redemption Notice is delivered multiplied by (y) the Daily Market Price of Common Stock on the third Business Day preceding the date the Redemption Notice is delivered (the “Redemption Cash Amount”).

  • If there is no Effective Election Notice that provides that the Company shall redeem such shares for cash, then the redemption shall be for Common Stock, pursuant to Section 6(B)(iii).

  • If an Effective Election Notice provides that the Company shall convert such shares for cash, then such shares shall be converted for cash in an amount equal to the product of (x) (1) the aggregate Stated Value of such shares divided by (2) the Conversion Price multiplied by (y) the Daily Market Price of Common Stock on the Business Day preceding the date the Conversion Notice is delivered (the ""Conversion Cash Amount").

  • If an Effective Election Notice provides that the Company shall redeem shares of Series A Preferred Stock for cash, then such shares shall be redeemed for cash in an amount equal to the product of (x) the Redemption Stock Amount (as defined above) multiplied by (y) the Daily Market Price of Common Stock on the Business Day preceding the date the Redemption Notice is delivered (the ""Redemption Cash Amount").

  • If there is no Effective Election Notice that provides that the Company shall convert such shares for cash, then the redemption shall be for Common Stock, pursuant to Section 6(A)(ii).

  • If there is no Effective Election Notice that provides that the Company shall convert shares of Series A Preferred Stock for cash, then the redemption of such shares shall be for Common Stock, pursuant to Section 6(B)(ii).

  • If there is no Effective Election Notice that provides that the Company shall redeem such shares for cash, then the redemption shall be for Common Stock, pursuant to S ection 6(B)(iii).

  • Subject to the foregoing provisions of this Section 3(B), payments on any Dividend Payment Date shall be made in Registered Common Stock unless an Effective Election Notice provides that such payments shall be made in cash.

Related to Effective Election Notice

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Extension Notice has the meaning specified in Section 308.