Interest Conversion Notice definition

Interest Conversion Notice means a notice substantially in the form of Schedule 3.
Sample 1Sample 2
Interest Conversion Notice means an irrevocable notice in writing by a Holder that it has elected to convert the interest installment payment PIKed during the relevant period into Ordinary Shares or ADSs, in substantially the form attached to the Securities.
Sample 1
Interest Conversion Notice. Section 6(b)
Sample 1

Examples of Interest Conversion Notice in a sentence

  • The Interest Conversion Notice shall indicate the Allocation Percentage of each Holder as of the Interest Conversion Notice Date.

  • The date on which the Holder receives an Interest Conversion Notice is referred to as the “Interest Conversion Notice Date.” Subject to the aforementioned conditions, failure to timely provide such Interest Conversion Notice shall be deemed an election by the Company to pay the interest on such Interest Payment Date in cash.

  • The Interest Conversion Notice shall be published before the Stock Exchange opens on the Interest Conversion Announcement Day.

  • A Profit Interest Unitholder may give a Profit Interest Conversion Notice with respect to Unvested Profit Interest Units, provided that such Unvested Profit Interest Units become Vested Profit Interest Units on or prior to the Profit Interest Conversion Date.

  • The Person in whose name the certificate is registered shall be treated as a stockholder of record on and after the Conversion Date, unless otherwise specified in the Conversion Notice or Interest Conversion Notice.

  • A Forced Profit Interest Conversion Notice shall be provided in the manner provided in Section 12.4.

  • From time-to-time, the Therapist may engage in telephone contact with the Client or other parties at client’s request for purposes other than scheduling sessions.

  • The date on which the Holder receives the Interest Conversion Notice is referred to herein as the “Interest Conversion Notice Date.” If the Company does not deliver an Interest Conversion Notice in accordance with this Section 6(a), then the “Cash Interest Payment Amount” shall mean all of the Interest payable on the Interest Payment Date.

  • The date of giving of such notice of conversion being a "Conversion Date." The Interest Conversion Notice may be given by facsimile to the Borrower at (000) 000-0000 and Escrow Agent at (702) 650- 5667.

  • In order to exercise its right of Forced Profit Interest Conversion, the Partnership shall deliver a notice (a “Forced Profit Interest Conversion Notice”) in the form attached as EXHIBIT 5 to this Agreement to the applicable Profit Interest Unitholder not less than ten (10) nor more than sixty (60) days prior to the Profit Interest Conversion Date specified in such Forced Profit Interest Conversion Notice.


More Definitions of Interest Conversion Notice

Interest Conversion Notice means a notice substantially in the form of Schedule 4.
Sample 1
Interest Conversion Notice shall have the meaning provided in Section 8.2.
Sample 1

Related to Interest Conversion Notice

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

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

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

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Conversion Notice means a written notice of conversion substantially in the form annexed hereto as Exhibit A.

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

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

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

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

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(e).

  • Date of Conversion Conversion Price:_______________________________________________________________

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

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

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Major conversion means a conversion of an existing ship:

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

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