Equity Conversion Agreement definition

Equity Conversion Agreement means that certain Equity Conversion Agreement dated as of February 17, 2000 among the Issuer, the Borrower and SCI.
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Equity Conversion Agreement means that certain Equity Conversion Agreement of even date herewith among the Issuer, the Borrower and SCI.
Sample 1
Equity Conversion Agreement means that certain Equity Conversion Agreement of even date herewith among the Borrower, Brigxxx Xxxloration and Shell Capital, which sets forth the terms for one or more of the Equity Conversions.
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Examples of Equity Conversion Agreement in a sentence

  • The Company and the Borrower hereby irrevocably waive any requirement under the Equity Conversion Agreement, including but not limited to Section 2.01(h) thereof, to provide any notice of the Conversion.

  • The Company shall pay the CSFB Entities the sum of Five Hundred Thousand Dollars ($500,000) on the Closing Date as an inducement by the Company to the CSFB Entities to exercise their conversion rights under the Equity Conversion Agreement.

  • The parties have also entered into an Equity Conversion Agreement, a Subscription Agreement, and Power of Attorney as of the same date.

  • The parties wish to resolve any and all disputes between each other with regard to the Partnership, the Modification Agreement, and the Equity Conversion Agreement.

  • For the period ended June 30, 2015 and for the year ended December 31, 2014 the Company is obligated for certain Participation Rights payments, under the Termination and Equity Conversion Agreement with Baize (“Agreement”).

  • The Guarantor will not agree to any amendment or modification to the Securities Purchase Agreement, the Indenture or the Equity Conversion Agreement without the express written consent of the Majority Lenders; provided that a waiver of a default under the Equity Conversion Agreement shall not constitute a modification or amendment or require the consent of any BMO/Soc-Gen Lender.

  • This Agreement, the Warrant Certificates, the Equity Conversion Agreement, the Credit Agreement and the Loan Documents constitute the complete agreement among the parties with respect to the subject matter hereof.

  • This Agreement, the Credit Agreement, the Loan Documents, the Equity Conversion Agreement and the Warrant Agreement are intended by the parties hereto to be a final expression thereof and is intended to be a complete and exclusive statement of the agreement and understanding of such parties in respect of the subject matter contained herein related to the Registrable Securities.

  • Each of the SCI Lenders and Brigxxx Xxxloration may, at its option, call for an Equity Conversion, pursuant and subject to the terms and provisions set forth in the Equity Conversion Agreement without the consent of the BMO/Soc-Gen Lenders.


More Definitions of Equity Conversion Agreement

Equity Conversion Agreement shall have the meaning indicated above.
Sample 1
Equity Conversion Agreement means the Equity Conversion Agreement, dated as of the date hereof, between Venus PLC and Stratum Group, L.P. annexed hereto as Exhibit 21.
Sample 1

Related to Equity Conversion Agreement

  • Conversion Agreement shall have the meaning set forth in the Recitals.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Optional Conversion has the meaning set forth in Section 6(a).

  • 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.

  • Plan of Conversion has the meaning given such term in Section 14.1.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Equity Contribution Agreement means the Equity Contribution Agreement, to be dated as of the Closing Date, by and among Guarantor, Borrower and Administrative Agent.

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Equity Contract means any transaction or instrument that does not convey to Dealer rights, or the ability to assert claims, that are senior to the rights and claims of common stockholders in the event of Counterparty’s bankruptcy.

  • 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.

  • Redemption Agreement has the meaning set forth in the Recitals.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Equity Commitment Letter has the meaning set forth in Section 3.4(a).

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Convertible Note means an instrument issued by a startup company evidencing receipt of money initially as debt, which is repayable at the option of the holder, or which is convertible into such number of equity shares of such startup company, within a period not exceeding five years from the date of issue of the convertible note, upon occurrence of specified events as per the other terms and conditions agreed to and indicated in the instrument;

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Permitted Convertible Notes means any unsecured notes issued by the Company in accordance with the terms and conditions of Section 6.01 that are convertible into a fixed number (subject to customary anti-dilution adjustments, “make-whole” increases and other customary changes thereto) of shares of common stock of the Company (or other securities or property following a merger event or other change of the common stock of the Company), cash or any combination thereof (with the amount of such cash or such combination determined by reference to the market price of such common stock or such other securities); provided that, the Indebtedness thereunder must satisfy each of the following conditions: (i) both immediately prior to and after giving effect (including pro forma effect) thereto, no Default or Event of Default shall exist or result therefrom, (ii) such Indebtedness matures after, and does not require any scheduled amortization or other scheduled or otherwise required payments of principal prior to, and does not permit any Loan Party to elect optional redemption or optional acceleration that would be settled on a date prior to, the date that is six (6) months after the Maturity Date (it being understood that neither (x) any provision requiring an offer to purchase such Indebtedness as a result of change of control or other fundamental change (which change of control or other fundamental change, for the avoidance of doubt, constitutes a “Change of Control” hereunder), which purchase is settled on a date no earlier than the date twenty (20) Business Days following the occurrence of such change of control or other fundamental change nor (y) any early conversion of any Permitted Convertible Notes in accordance with the terms thereof, in either case, shall violate the foregoing restriction), (iii) such Indebtedness is not guaranteed by any Subsidiary of the Company other than the Subsidiary Borrowers or Subsidiary Guarantors (which guarantees, if such Indebtedness is subordinated, shall be expressly subordinated to the Secured Obligations on terms not less favorable to the Lenders than the subordination terms of such Subordinated Indebtedness), (iv) any cross-default or cross-acceleration event of default (each howsoever defined) provision contained therein that relates to indebtedness or other payment obligations of any Loan Party (such indebtedness or other payment obligations, a “Cross-Default Reference Obligation”) contains a cure period of at least thirty (30) calendar days (after written notice to the issuer of such Indebtedness by the trustee or to such issuer and such trustee by holders of at least 25% in aggregate principal amount of such Indebtedness then outstanding) before a default, event of default, acceleration or other event or condition under such Cross-Default Reference Obligation results in an event of default under such cross-default or cross-acceleration provision and (v) the terms, conditions and covenants of such Indebtedness must be customary for convertible Indebtedness of such type (as determined by the board of directors of the Company, or a committee thereof, in good faith).

  • 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.