Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.
Optional Conversion has the meaning set forth in Section 6(a).
Optional Conversion means the conversion of units of the Designated Preferred into Common Interests at the then-applicable Conversion Rate, either (i) in whole or in part, at any time or from time to time, at the election of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(A), or (ii) in whole or in part, at the election of the Holder, upon any public offering of the Common Interests or upon the occurrence of a Change of Control of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(B).
Examples of Optional Conversion in a sentence
The conversion of each Preferred Share shall be conducted in the following manner: Optional Conversion.
Subject to Sections 4(d) and 4(e), at any time after the Issuance Date, at the option of the Holder, the Holder may convert (each, an “Alternate Optional Conversion”, and the date of such Alternate Optional Conversion, an “Alternate Optional Conversion Date”) all, or any part, of this Debenture into shares of Common Stock (such portion of the Conversion 4869-3989-5794v.7 Amount subject to such Alternate Optional Conversion, the “Alternate Optional Conversion Amount”) at the Alternate Conversion Price.
More Definitions of Optional Conversion
Optional Conversion means a conversion of this Note to Common Stock at the option of the Holder in accordance with Section 3.1(a).
Optional Conversion has the meaning specified in Section 7.
Optional Conversion shall have the meaning specified in Section 14.02.
Optional Conversion means the conversion of shares of the Designated Preferred Stock into Common Stock at the then-applicable Conversion Rate, either (i) in whole or in part, at any time or from time to time, at the election of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(A), or (ii) in whole or in part, at the election of the Holder, upon any public offering of the Common Stock or upon the occurrence of a Change of Control of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(B).
Optional Conversion shall have the meaning set forth in Section 3(3).
Optional Conversion means an optional conversion of Senior Preferred pursuant to Article II, Section 4(a).
Optional Conversion means an optional conversion of all or any portion of this Note as provided in Section 4(a)(i).