Plans of Conversion definition

Plans of Conversion shall have the meaning given to such term in the Purchase Agreement.
Plans of Conversion shall have the meaning given to such term in the recitals hereof.
Plans of Conversion means the respective plans of conversion adopted by the respective attorneys-in-fact of PCA and PIPE in connection with the conversion of each of them from a reciprocal insurance exchange to a stock insurance company pursuant to the Pennsylvania Medical Professional Liability Reciprocal Exchange-to-Stock Conversion Act, Act 2 of 2015.

Examples of Plans of Conversion in a sentence

  • Except for the Conversion Plan Approval, no vote of any member or holder of any other interest in the Exchanges (equity or otherwise), is required to consummate the transactions contemplated by this Agreement or the Plans of Conversion.

  • Except (x) for actions taken in the ordinary course of business (including the settlement of undisputed claims) and (y) for such actions as are necessary for the completion of the Offerings and the transactions contemplated by this Agreement and the Plans of Conversion, since December 31, 2017, the Company has conducted no business other than such actions which are directly related to and which are necessary for the completion of the transactions contemplated herein and in the Plans of Conversion.

Related to Plans of Conversion

  • Plan of Conversion has the meaning given such term in Section 14.1.

  • Notice of Conversion shall have the meaning set forth in Section 4(a).

  • Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________

  • Certificate of Conversion means the certificate of conversion converting the Company’s prior partnership into the Company filed with the office of the Secretary of State of the State of Delaware on March 2, 2000.

  • Notice of Conversion/Continuation has the meaning assigned thereto in Section 4.2.

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

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Notice of Conversion/Extension means the written notice of conversion of a LIBOR Rate Loan to an Alternate Base Rate Loan or an Alternate Base Rate Loan to a LIBOR Rate Loan, or extension of a LIBOR Rate Loan, in each case substantially in the form of Exhibit 1.1(f).

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Major conversion means a conversion of an existing ship:

  • Notice of Continuation/Conversion has the meaning specified in Section 2.2(b).

  • Form of Notice of Conversion means the “Form of Notice of Conversion” attached as Attachment 1 to the Form of Note attached hereto as Exhibit A.

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.

  • Place of Conversion has the meaning specified in Section 3.1.

  • Notice of Conversion or Continuation shall have the meaning provided in Section 2.6(a).

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Conversion Agreement shall have the meaning set forth in the Recitals.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Write-Down and Conversion Powers means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.