Inconvertibility Notice definition

Inconvertibility Notice means a notice from the Corporation to a holder of shares of Series A Preferred Stock in the form set forth in Section 14(b) or a notice from a holder of shares of Series A Preferred Stock to the Corporation in the form set forth in Section 14(c).
Inconvertibility Notice means a notice from the Company to the Holder in the form set forth in EXHIBIT B or a notice from the Holder to the Company in the form set forth in EXHIBIT C.
Inconvertibility Notice means a notice from the Company to the Holder in the form set forth in Exhibit B or a notice from the Holder to the Company in the form set forth in Exhibit C.

Examples of Inconvertibility Notice in a sentence

  • The Company shall notify the Holder of any claim by the Company of manifest error in an Inconvertibility Notice given by a Holder within one Business Day after the Holder gives such Inconvertibility Notice and no such claim or error shall limit or delay performance of the Company's obligation to redeem any Inconvertible Portion which is not in dispute.

  • An Inconvertibility Notice given by a Holder shall be deemed for all purposes to be in proper form unless the Company notifies the Holder within one Business Day after an Inconvertibility Notice has been given (which notice shall specify all defects in the Inconvertibility Notice) and any Inconvertibility Notice containing any such defect shall nonetheless be effective on the date given if the Holder promptly undertakes in writing to correct all such defects.


More Definitions of Inconvertibility Notice

Inconvertibility Notice shall have the meaning provided in Section 7(a)(2).
Inconvertibility Notice shall have the meaning provided in Section 2.4(b).
Inconvertibility Notice means a notice from the Company to a Holder of Notes in the form set forth in Section 6.02 of this Supplemental Indenture or a notice from a Holder of Notes to the Company in the form set forth in Section 6.03 of this Supplemental Indenture.
Inconvertibility Notice shall have the meaning provided in Section 7(a)(2). "Issuance Date" shall mean the first date of original issuance of any shares of Series A Convertible Preferred Stock. "Junior Dividend Stock" shall mean, collectively, the Common Stock and any other class or series of capital stock of the Corporation, ranking junior as to dividends to the Series A Convertible Preferred Stock. "Junior Liquidation Stock" shall mean the Common Stock or any other class or series of the Corporation's capital stock, ranking junior as to liquidation rights to the Series A Convertible Preferred Stock. "Liquidation Preference" shall mean, for each share of Series A Convertible Preferred Stock, the sum of (i) all dividends accrued and unpaid thereon to the date of final distribution to such holders, (ii) accrued and unpaid interest on dividends in arrears (computed in accordance with Section 5(a)) to the date of distribution, and (iii) $1,000.00. "Market Price" of any security on any date shall mean the closing high bid price of such security on such date on the principal securities exchange or other market on which such security is listed for trading, as reported by such exchange or other market; provided, however, that if during -------- ------- any Measurement Period: 63.

Related to Inconvertibility Notice

  • Inconvertibility means the occurrence of any event that makes it impossible for the Issuer to convert any amount due in respect of RMB Notes in the general Renminbi exchange market in Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date and it is impossible for the Issuer, due to an event beyond its control, to comply with such law, rule or regulation).

  • Inconvertibility Event means the occurrence, as determined by the Calculation Agent in its sole and absolute discretion, of any action, event or circumstance whatsoever which, from a legal or practical perspective:

  • RMB Inconvertibility means the occurrence of any event that makes it impossible for the Issuer to convert any amount due in respect of the Notes into RMB on any payment date at the general RMB exchange market in Hong Kong, other than where such impossibility is due solely to the failure of the Issuer to comply with any law, rule or regulation enacted by any Governmental Authority (unless such law, rule or regulation is enacted after the Issue Date of the first Tranche of the relevant Series and it is impossible for the Issuer, due to an event beyond the control of the Issuer, to comply with such law, rule or regulation);

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Reset Notice has the meaning specified in Section 3.07.

  • Transfer Restriction Event shall have the meaning specified in Section 2.11.

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

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • New Exercise Date means a new Exercise Date if the Administrator shortens any Offering Period then in progress.

  • Conversion Right has the meaning provided in Section 4.5(a) hereof.

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.

  • Blackout Notice has the meaning set forth in Section 2.01(d).

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

  • Hold Notice means a written statement (or an oral statement confirmed in writing, which may be by e-mail) from a holder of reset rate notes denominated in U.S. Dollars during the then-current and immediately following reset periods, delivered to a remarketing agent that the holder desires to hold some or all of its reset rate notes for the upcoming reset period and affirmatively agrees to receive a rate of interest of not less than the applicable All Hold Rate during that reset period.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Notice of Extension/Conversion means the written notice of extension or conversion in substantially the form of Schedule 3.2, as required by Section 3.2.

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Activation Notice have the meanings ascribed thereto in Annex C.

  • Exchange Notice has the meaning set forth in Section 2.1(a)(iii).

  • prohibition notice means a prohibition notice issued under clause 58(1);

  • Major Trading Area or "MTA" means Major Trading Area as defined by the FCC in 47 C.F.R. Part 24.202.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy.

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves: