Mandatory Conversion definition

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

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

Mandatory Conversion means a conversion pursuant to Section 5.

Examples of Mandatory Conversion in a sentence

• Such notice need not be sent in advance of the occurrence of the Mandatory Conversion Time.

• All holders of record of shares of Preferred Stock shall be sent written notice of the Mandatory Conversion Time and the place designated for mandatory conversion of all such shares of Preferred Stock pursuant to this Section 5.

• All holders of record of shares of Series A Preferred Stock shall be sent written notice of the Mandatory Conversion Time and the place designated for mandatory conversion of all such shares of Series A Preferred Stock pursuant to this Section 5.

• All Conversion Amounts converted by the Holder after the Mandatory Conversion Notice Date shall reduce the Conversion Amount of this Note required to be converted on the Mandatory Conversion Date.

• If the Company has elected a Mandatory Conversion, the mechanics of conversion set forth in Section 3(c) shall apply, to the extent applicable, as if the Company and the Transfer Agent had received from the Holder on the Mandatory Conversion Date a Conversion Notice with respect to the Conversion Amount being converted pursuant to the Mandatory Conversion.

More Definitions of Mandatory Conversion

Mandatory Conversion means a conversion pursuant to Section 14.03(a).

Mandatory Conversion has the meaning set forth in Section 10(c)(i).

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

Mandatory Conversion means conversion of the Notes at the option of the Company pursuant to Condition 6D.

Mandatory Conversion means the required conversion of 50 percent of a Participant's Director Fees into a Share Unit Award pursuant to Section 6 hereof.

Mandatory Conversion shall have the meaning set forth in Section 3(1).

Mandatory Conversion means a conversion pursuant to Section 5.04(A).