Proposed Conversion Date definition

Proposed Conversion Date means the date on which a holder of Series A Preferred Shares proposes to convert any or all of the Series A Preferred Shares, as set forth in its notice to the Corporation properly delivered in accordance with paragraph (e) of Section 4.
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Proposed Conversion Date means the date on which a holder of Series B Convertible Preferred Shares proposes to convert any or all of such holder's Series B Convertible Preferred Shares, as set forth in its notice to the Corporation properly delivered in accordance with paragraph (d) of Section 4.
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Proposed Conversion Date means any Business Day designated by the Company as a Conversion Date with respect to the Bonds.
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Examples of Proposed Conversion Date in a sentence

  • Notwithstanding anything to the contrary in this paragraph (a), the holder of Series A Preferred Shares may provide notice of its intention to convert any or all of such shares prior to the fourth anniversary of the Issuance Date of such Series A Preferred Shares, so long as the Proposed Conversion Date specified in such notice is a date after the date of such fourth anniversary.

  • In order to properly effect the revocation or amendment of such notice, the holder shall provide notice to the Corporation of its revocation or amendment not less than three (3) Business Days prior to the Proposed Conversion Date.

  • In order to properly effect the conversion of Series A Preferred Shares, the holder of such shares shall provide notice to the Corporation not less than one hundred five (105) days prior to the Proposed Conversion Date.

  • Notwithstanding the foregoing, with respect to a notice of conversion which is superceded by a notice of redemption, such notice of conversion shall again become effective if the notice of redemption is subsequently revoked, and the Conversion Date pursuant to such notice of conversion shall occur on the later of (y) thirty (30) days following revocation of the notice of redemption, or (z) the Proposed Conversion Date originally set forth in the notice of conversion.

  • Notwithstanding the provisions of Section 202 of this Indenture, in the event the Company obtains an opinion of Bond Counsel, and delivers a copy of the same to the Trustee, the Remarketing Agent and the Bank, to the effect that Non-Taxability Opinions should no longer be required in each instance of a Proposed Conversion Date, such opinions shall thereafter no longer be required as a precondition to a Conversion Date.

  • With respect to Bonds in the Fixed Rate Mode, the Fixed Rate applicable to the Bonds shall be the rate or rates determined by the Remarketing Agent on a date not more than 35 days nor less than 10 days prior to the Proposed Conversion Date or Fixed Rate Mandatory Tender Date; provided that no such rate shall exceed the Maximum Rate and all Bonds of the same maturity shall bear the same rate.

  • The Borrower hereby specifies the date______________, ______, as a Proposed Conversion Date and February 28, ______ as the termination of the first Reset Period.

  • If for any reason the Remarketing Agent fails to determine the Fixed Rate by the close of business on the fifth (5th) Business Day preceding the Proposed Conversion Date, the Bonds shall continue to bear interest at the Variable Rate as described in Section 204(b) hereof.

  • Notwithstanding the provisions of Section 202 of this Indenture, in the event the Company obtains an opinion of Bond Counsel, and delivers a copy of the same to the Trustee, the Remarketing Agent and the Bank, to the effect that opinions of Bond Counsel should no longer be required in each instance of a Proposed Conversion Date, such opinions shall thereafter no longer be required as a precondition to a Conversion Date.

  • The Borrower hereby specifies the date___________________, _______, as a Proposed Conversion Date and February 28, ___ as the termination of the first Reset Period.


More Definitions of Proposed Conversion Date

Proposed Conversion Date means that Interest Payment Date elected by the Company in accordance with Section 202(g) hereof as the date on which the interest rate borne by the Bonds is intended to convert from the Seven-Day Rate to the Fixed Rate.
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Proposed Conversion Date means the date identified in a Conversion Notice properly delivered by the Borrower pursuant to Section 302(b)(i) hereof as the date on which the interest rate on the Bonds is to be converted from the Variable Rate to the Adjusted Interest Rate.
Sample 1
Proposed Conversion Date means the date on which a holder of Series B Preferred Shares proposes to convert any or all of the Series B Preferred Shares, as set forth in its notice to the Company properly delivered in accordance with paragraph (b) of Section 6 hereof.
Sample 1
Proposed Conversion Date means any date designated by the Borrower as the Conversion Date in accordance with Section 204 of this Indenture.
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Proposed Conversion Date means the Business Day stated in the written notice of conversion given by the Company to the Trustee in which the Company elects to convert Bonds to a Fixed Rate.
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Related to Proposed Conversion Date

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

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

  • 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.

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

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

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

  • Major conversion means a conversion of an existing ship:

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

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • 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.

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

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • 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.

  • Judgment Conversion Date as defined in subsection 10.8(a).

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

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

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

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

  • 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).

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • 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.

  • Date of Conversion Conversion Price:_______________________________________________________________

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).