Mandatory Exchange Date definition

Mandatory Exchange Date is defined in ‎Section 11.1(c).

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Mandatory Exchange Date has the meaning set forth in Section 2.1(a)(ii)(A).

Mandatory Exchange Date means the Exchange Date for a Mandatory Exchange, as provided in Section 14.03(c).

Examples of Mandatory Exchange Date in a sentence

In lieu thereof, each Class B Member otherwise entitled to a fractional share shall be entitled to receive a cash amount equal to such fraction multiplied by the volume-weighted average price of XTI Common Stock for the ten (10) trading days ending on (and including) the trading day prior to the Mandatory Exchange Date (or, if applicable, the Deferred Exchange Date).
The actual XTI Distribution Amount shall be calculated as of the Mandatory Exchange Date.
If any such restriction applies on the Mandatory Exchange Date, the Mandatory Exchange shall automatically occur on the first Business Day on which such restriction no longer applies (the “Deferred Exchange Date”), and references herein to the Mandatory Exchange Date shall be deemed to refer to the Deferred Exchange Date.

More Definitions of Mandatory Exchange Date

Mandatory Exchange Date has the meaning ascribed to that term in paragraph 6.3.

Mandatory Exchange Date means the date upon which all of the shares of Series B Preferred Stock are exchanged, at the Corporation’s election, for capital stock of the Corporation in accordance with a proper Exchange Election.

Mandatory Exchange Date. As defined in the recitals.

Mandatory Exchange Date means an Exchange Date designated with respect to any Exchangeable Preferred Stock pursuant to Section 10(c)(i) and 10(c)(iii).

Mandatory Exchange Date has the meaning specified in Section 14.13(c).

Mandatory Exchange Date means, with respect to the Initial Executive Holder, the date by which a minimum equal to the US Services Vesting Amount must be exchanged in accordance with Section 2(b), which date shall be the March 1 immediately following the calendar year in which shares of Series A Preferred Stock issued to such Initial Executive Holder shall first be deemed Vested Series A Preferred Stock.

Mandatory Exchange Date has the meaning set forth in Section 3.02(a)(iv).