Full Conversion definition

Full Conversion means the deemed conversion of any outstanding Notes into Series A Stock and then into Common Stock, the deemed conversion of any outstanding Series A Stock into Common Stock, and the deemed conversion of all other outstanding convertible debt and convertible equity securities of the Company into Common Stock.
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Full Conversion shall have the meaning set forth in Section 1.01 of Exhibit 3. “Full Time Equivalent” or “FTE” [ ]
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Examples of Full Conversion in a sentence

  • The Company agrees to use its reasonable efforts to keep the Issuance Registration Statement continuously effective (a) until the earlier of (i) the S-3 Expiration Date, or (ii) the first date (the "Full Conversion Date") on which no Exchangeable LLC Units (other than those held by the Company) remain outstanding, and (b) during any Reinstatement Period.

  • The Company will use its best efforts to cause shareholders owning a majority of aggregate outstanding Shareholder Stock to enter into the Voting Agreement in the form attached as Annex XIV, granting Samsung the right to appoint one director at any election of directors in which Samsung owns 10% or more of the of the aggregate outstanding Common Stock (assuming Full Conversion, but excluding any shares of Common Stock issuable upon exercise of any warrants held by Samsung) (the “Samsung Director”).

  • Following the Full Conversion Date, any newly requested reports not part of MasterCard’s standard product offering will be developed and provided as mutually agreed upon by the parties.

  • Prior to the Full Conversion Date, MasterCard and Customer shall agree on reporting needs mandated by a Network or a third party provider and not currently part of MasterCard’s standard product offering; MasterCard will build the functionality for those reports [*].

  • The parties will memorialize the Full Conversion Date in written correspondence.

  • After a Full Conversion Date occurs, then as of the first Business Day following such date, each Series B-1 Holder has the sole discretion, at any time and from time to time, to elect to convert any of its shares of Series B-1 Preferred Stock into shares of Common Stock at the conversion rate set forth in Section 8(a).

  • Basehor-▇▇▇▇▇▇▇ USD 458 Contact: ▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Athletic Director Phone Number: ▇▇▇-▇▇▇-▇▇▇▇ (Cell) Email: ▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇.▇▇▇ Description: Full Conversion of Football Field to Synthetic Turf, Relocate and Conversion of Baseball Infield & Wings to Synthetic Turf, Full Conversion of Soccer Field to Synthetic Turf, Full Conversion of JV Softball Field to Synthetic Turf, New build of natural Softball Field, Site excavation, utilities, lighting upgrade, backstop, and ancillary sports equipment.

  • The term of this Agreement shall commence on the Effective Date and expire on the last day of the month which is [*] from the Full Conversion Date, subject however, to (i) renewal or (ii) earlier termination in each instance as provided herein (the “Initial Term”, together with any extension of the Initial Term, collectively, the “Term”).

  • The Series B-1 Preferred Stock will be subject to these transfer restrictions until a Full Conversion Date.

  • On the Full Conversion Date, Owner and Select shall enter into an addendum of this Agreement, in the form of Exhibit B attached hereto setting forth the date of the Full Conversion Date and the date on which the Term expires and a counterpart of such addendum shall be attached to and become a part of each counterpart of this Agreement.

Related to Full Conversion

  • Major conversion means a conversion of an existing ship:

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

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.