Initial Conversion Period definition
Examples of Initial Conversion Period in a sentence
The Company shall review such calculation promptly upon receipt and shall notify the Lender no later than on the close of the third Trading Day immediately after the end of the Initial Conversion Period or, as the case may be, the Subsequent Conversion Period, by 5:00 p.m. (Geneva time), of any objections (which shall include a brief explanation of the objection(s)) (the Objections) it may have.
If a Conversion Notice or the Extension Notice is not delivered in respect of any portion of the Convertible Bonds by the end of the Initial Conversion Period or if a Conversion Notice is not delivered in respect of any portion of the Convertible Bonds by the end of the Conversion Period, such Convertible Bonds shall be redeemed on Maturity Date in accordance with Condition 8.1, but subject always to any redemption pursuant to Condition 8.2 or Condition 8.3.