Mandatory Exchange Date definition

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

  • Upon the Mandatory Exchange Date, the Manager will effect the Mandatory Exchange.

  • Upon the Mandatory Exchange Date, unless the Partnership has determined such Mandatory Exchange would be in breach of Section 2.1(b)(i), the Partnership will effect the Mandatory Exchange in accordance with the Policies.

  • Upon the Mandatory Exchange Date, the Company will effect the Mandatory Exchange in accordance with the Policies.

  • The Member receiving the Mandatory Exchange Notice shall use its reasonable best efforts to deliver the Certificates, as applicable, representing the applicable Exchangeable Units (free and clear of all liens, encumbrances, rights of first refusal and similar restrictions, except for those arising under this Agreement) no later than one (1) Business Day before the Mandatory Exchange Date.

  • Notwithstanding the balance of this paragraph 6.3, beginning on the Mandatory Exchange Date, and each subsequent consecutive Trading Day thereafter, the amount of principal and interest exchanged for Common Stock will not exceed 15% of the average daily trading volume of the Common Stock of the Borrower computed for the 30-day period immediately prior to such conversion.


More Definitions of Mandatory Exchange Date

Mandatory Exchange Date has the meaning ascribed to that term in paragraph 6.3.
Mandatory Exchange Date has the meaning set forth in Section 8.2.
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. As defined in the recitals.
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 means the date which is the earlier of (a) the third anniversary of the Tranche D Availability Date, (b) the date on which any Event of Default under Section 12.1.1 occurs and (c) the date on which the Obligations are accelerated pursuant to Section 12.2.
Mandatory Exchange Date means, with respect to any Prepetition Indenture (or any Claims related thereto or arising thereunder), any Business Day selected by the applicable Prepetition Indenture Trustee as the date on which the surrender by the holders of any and all notes issued under such Prepetition Indenture (or giving rise to such Claims) shall occur, which Business Day shall be the Effective Date, or as soon as practicable following the Effective Date, but in no event later than the third Business Day following the Effective Date.