Initial Conversion Date definition

Initial Conversion Date when used with respect to any Security, means the first day on which such Security shall be convertible into Common Stock.
Initial Conversion Date means the date that is the earlier of (i) thirteen (13) months from the Closing Date and (ii) the first Trading Day when the closing price of the Company Common Stock is greater than one hundred fifty percent (150%) of the Up-List Price.
Initial Conversion Date has the meaning set forth in Section 5.12(d)(i).

Examples of Initial Conversion Date in a sentence

  • Such conversion right shall commence at the opening of business on the Initial Conversion Date and expire at the close of business on the Final Conversion Date.

  • The period from the Initial Conversion Date to and including the Final Conversion Date is referred to herein as the "Conversion Option Period".

  • Each share of Series C Preferred Stock shall be convertible, at any time and from time to time from and after the Initial Conversion Date at the option of the Holder thereof, into that number of shares of Common Stock determined by dividing the Stated Value of such share of Series C Preferred Stock by the Conversion Price.

  • Each share of Series D Preferred Stock shall be convertible, at any time and from time to time from and after the Initial Conversion Date at the option of the Holder thereof, into that number of shares of Common Stock determined by dividing the Stated Value of such share of Series D Preferred Stock by the Conversion Price.

  • Each share of Preferred Stock shall be convertible, at any time and from time to time from and after the Initial Conversion Date at the option of the Holder thereof, into that number of shares of Common Stock (subject to the limitations set forth in Section 6(d)) determined by dividing the Stated Value of such share of Preferred Stock by the Conversion Price.


More Definitions of Initial Conversion Date

Initial Conversion Date means the first to occur of any of the following: (i) May 7, 2002, (ii) an agreement providing for a Business Combination is approved by the Board or a Business Combination is consummated, (iii) a Tender Offer for Common Stock is approved or recommended by the Board or (iv) there is a redemption, repurchase or reacquisition by the Company of Rights issued pursuant to the Rights Agreement or any waiver of the application of the Rights Agreement to any Beneficial Owner other than Purchaser or its Affiliates except in the case of this clause (iv) as approved by the Purchaser's representative to the Board.
Initial Conversion Date means the next business day after the Charter Amendment Date.
Initial Conversion Date means the latest of (i) 90 days following the date of original issuance of the Convertible Preferred Securities, (ii) the date on which approval is obtained in accordance with Regulation 14A of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), by the stockholders of the Company entitled to vote thereon (the "Stockholders Conversion Vote") of the issuance of Common Stock upon the conversion of the Convertible Preferred Securities upon the terms and conditions set forth in the Certificate of Designation and (iii) the date upon which all waiting periods under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "Xxxx-Xxxxx-Xxxxxx Act"), have expired or been terminated."
Initial Conversion Date means the next business day after the Charter Amendment Date, provided, however if there are sufficient shares of authorized Common Stock to cover the conversion of all outstanding shares of Preferred Stock into Common Stock as of the Closing Date, the Initial Conversion Date shall be the Closing Date.
Initial Conversion Date means the first day following the Record Date (as defined in the Partnership Agreement) for distribution in respect of the Quarter (as defined in the Partnership Agreement) ended June 30, 2000 in accordance with the terms and conditions of the Partnership Agreement.
Initial Conversion Date means the earlier of (i) the date which is 180 calendar days after the Initial Issue Date and (ii) the date on which the Corporation effects any Change of Control.
Initial Conversion Date means the date which is 180 calendar days after the Initial Bridge Preferred Issue Date