Notice of Mandatory Conversion definition

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

Notice of Mandatory Conversion has the meaning set forth in Section 7(b).

Notice of Mandatory Conversion has the meaning set forth in Section 9(a).

Examples of Notice of Mandatory Conversion in a sentence

• The date the Notice of Mandatory Conversion is given is the “Mandatory Conversion Date.” The Notice of Mandatory Conversion shall specify the aggregate principal amount of the Note which is subject to Mandatory Conversion.

• For the avoidance of doubt, a Notice of Mandatory Conversion does not limit a Holder’s right to convert on a Conversion Date prior to the Mandatory Conversion Date.

• The Borrower shall reduce the amount of Note principal subject to a Notice of Mandatory Conversion by the amount of Note Principal and interest for which the Holder had delivered a Notice of Conversion to the Borrower during the twenty (20) trading days preceding the Mandatory Conversion Date.

• The Mandatory Conversion Date selected by the Company shall be no less than ten (10) Business Days and no more than twenty (20) Business Days after the date on which the Company provides the Notice of Mandatory Conversion to the Holders.

• The Notice of Mandatory Conversion, which notice must be given on the first day following twenty (20) consecutive trading days (“Lookback Period”) during which the closing price for the Common Stock as reported by Bloomberg, LP for the Principal Market shall be greater than Five Dollars ($5.00) each such trading day and during which twenty (20) trading days, the daily trading volume as reported by Bloomberg L.P. for the Principal Market is greater than 100,000 shares.

More Definitions of Notice of Mandatory Conversion

Notice of Mandatory Conversion has the meaning given to such term in Section 8.

Notice of Mandatory Conversion has the meaning set forth in Subdivision 14(h)(iii).

Notice of Mandatory Conversion has the meaning set forth in Subdivision 3(h)(iii).

Notice of Mandatory Conversion means the notice described in Section 7(d) hereof.

Notice of Mandatory Conversion shall have the meaning ascribed to it in Section (B) of Article VII.

Notice of Mandatory Conversion shall have the meaning set forth in Section 8.2. "Notice of Voluntary Conversion" shall have the meaning set forth in Section 8.1.

Notice of Mandatory Conversion has the meaning set forth in Subdivision 8(c).