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.

  • To effect this intent, within one year of the Merger effective date, Holdings will redeem or repurchase and retire the Preferred Stock previously issued by ELI, which will remain outstanding after the effective date of the Plans of Conversion and Merger.

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:_______________________________________________________________

  • Certificate of Conversion means the Certificate of Conversion to Limited Liability Company of the Corporation to the Company as filed in the office of the Secretary of State of the State of Delaware pursuant to the Delaware Act.

  • Notice of Conversion/Continuation shall have the meaning provided in Section 2.06.

  • 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(e).

  • 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 shall have the meaning set forth in Section 6(d).

  • Place of Conversion means any city in which any Conversion Agent is located.

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

  • Make-Whole Acquisition means the occurrence, prior to any Conversion Date, of one of the following:

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) 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.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Automatic Conversion means the irrevocable and automatic release of all of the Issuer’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Issuer’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the holders of the Securities) or to the relevant recipient, 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.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.