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).
Conversion Notice means a written notice of conversion substantially in the form annexed hereto as Exhibit A.
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).
Mandatory Conversion shall have the meaning set forth in Section 6.
Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.
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.
Major conversion means a conversion of an existing ship:
Conversion/Continuation Notice is defined in Section 2.9.
Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).
Notice of Conversion/Continuation shall have the meaning provided in Section 2.06.
Notice of Conversion 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).
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.
Date of Conversion Conversion Price:_______________________________________________________________
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.
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).
Series A Redemption Notice has the meaning set forth in Section 16.6(b).
Forced Conversion shall have the meaning set forth in Section 6(d).
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.
Notice of Continuation/Conversion has the meaning specified in Section 2.2(b).
Automatic Conversion Date shall have the meaning specified in Section 15.12(a).
Make-Whole Fundamental Change Conversion Period has the following meaning: