Mandatory Conversion Date definition

Mandatory Conversion Date has the meaning set forth in Section 7(a).
Mandatory Conversion Date shall have the meaning set forth in Section 6.
Mandatory Conversion Date means the third Business Day immediately following the last Trading Day of the Final Averaging Period.

Examples of Mandatory Conversion Date in a sentence

  • The conversion of such Shares hereunder shall be deemed effective as of the date of submission of the Notice of Conversion and surrender of such Series C Preferred Stock certificate or certificates, if any, or delivery of such affidavit of loss, if applicable (such date, the “Optional Conversion Date” and, together with the Mandatory Conversion Date, the “Conversion Dates”).


More Definitions of Mandatory Conversion Date

Mandatory Conversion Date means the Conversion Date for a Mandatory Conversion, as provided in Section 14.03(c).
Mandatory Conversion Date shall have the meaning specified in Section 9(d).
Mandatory Conversion Date has the meaning ascribed thereto in Section 4.5(b);
Mandatory Conversion Date means a Conversion Date designated with respect to any Convertible Preferred Stock pursuant to Section 10(c)(i) and 10(c)(iii).
Mandatory Conversion Date means the seventh anniversary of the Original Issue Date.
Mandatory Conversion Date means, with respect to the shares of Series B Preferred Stock or Series C Preferred Stock of any Holder, the Business Day after the date on which the Common Stock Articles of Amendment are accepted for filing by the North Carolina Secretary of State (or if a Reorganization Event has theretofore been consummated, the date of consummation of such Reorganization Event); provided, however, that if a Mandatory Conversion Date would otherwise occur on or after an Ex-Date for an issuance or distribution that results in an adjustment of the Conversion Rate pursuant to Section 10 and on or before the Record Date for such issuance or distribution, such Mandatory Conversion Date shall instead occur on the first calendar day after the Record Date for such issuance or distribution.
Mandatory Conversion Date means the date that is the five (5) year anniversary of the Issuance Date, or if such day is not a Business Day, on the next succeeding Business Day.