Full Conversion Date definition

Full Conversion Date means with respect to a holder of the LTIP Units, the date on which the Economic Capital Account Balance of such holder first equals or exceeds the Target Balance.
Full Conversion Date has the meaning set forth in Section 2.1 hereof.
Full Conversion Date means the date on which Customer is in full production, with [*]% of all portfolios converted to the IPS Platform (which excludes a limited number of portfolios that remain on the pre-existing processing platform to be closed out, rather than converting to the IPS Platform).

Examples of Full Conversion Date in a sentence

  • The maximum number of Vested LTIP Units that may be converted prior to the Full Conversion Date is equal to the product of (a) the result obtained by dividing (1) the Economic Capital Account Balance of the Vested LTIP Units by (2) the Target Balance of the Vested LTIP Units, in each case determined as of the effective date of the conversion and (b) the number of Vested LTIP Units.

  • On and after the Full Conversion Date, the holder shall have the right to convert Vested LTIP Units to Partnership Units on a one-to-one basis by giving notice to the Partnership as provided in Section 4.3 hereof.

  • Prior to the Full Conversion Date, the conversion of Vested LTIP Units shall be subject to the limitation set forth in Section 4.2.

  • 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.

  • Prior to the Full Conversion Date, the conversion of Vested LTIP Units shall be subject to the limitation set forth in Section 4.2 hereof.


More Definitions of Full Conversion Date

Full Conversion Date means with respect to an LTIP Unitholder, the date on which the Economic Capital Account Balance of the LTIP Unitholder’s LTIP Units first equals or exceeds the Target Balance.
Full Conversion Date means the earlier to occur of (i) the Shareholder Approval Date and (ii) September 5, 2015.
Full Conversion Date means, with respect to the Combined Preferred Stock of any Holder, the date the Company and such Holder, as applicable, have received all Conversion Approvals necessary to permit such Holder to convert such shares of Combined Preferred Stock into authorized Common Stock without such conversion resulting in a Violation.
Full Conversion Date means the date on which the Economic Capital Account Balance of the holder of the LTIP Units first equals or
Full Conversion Date means with respect to a holder of the LTIP Units, the date on which the Economic Capital Account Balance of such
Full Conversion Date means with respect to a Profits Unitholder holding Vested Profits Units, the date on which the Economic Capital Account Balance of such Profits Unitholder’s Time-Based Profits Units or Performance Based Profits Units, as applicable, first equals or exceeds the Target Balance.
Full Conversion Date means, with respect to any specific Registrable Securities, the earliest date on which none of the OP Units (other than those held by the Company or any subsidiary of the Company) that may be redeemed for such Registrable Securities remain outstanding.