Section 16 Conversion Blocker definition

Section 16 Conversion Blocker shall have the meaning specified in Section 4.13.
Sample 1
Section 16 Conversion Blocker has the meaning specified in Section 12.12(d).
Sample 1

Examples of Section 16 Conversion Blocker in a sentence

  • Notwithstanding the foregoing, this Section 16 Conversion Blocker shall not apply with respect to a beneficial owner of the Notes if such beneficial owner is subject to Section 16(a) of the Exchange Act without regard to the aggregate number of shares of Common Stock issuable upon conversion of the Notes and upon conversion, exercise or sale of securities or rights to acquire securities that have limitations on such beneficial owner’s right to convert, exercise or purchase similar to this limitation.

  • If any delivery owed to a Holder hereunder is not made, in whole or in part, as a result of the Section 16 Conversion Blocker, the Company’s obligation to make such delivery shall not be extinguished, and the Company shall make such delivery as promptly as practicable after such Holder gives notice to it that, after such delivery, the Restricted Ownership Percentage would not be exceeded.

  • The only way to raise individuals with sustainable development awareness is education (Aydoğan, 2010 in Atmaca, Kiray, Pehlivan, 2019: 82).

  • The petroleum products are to be filled to 90% level in the proposed Above Ground (A/G) Storage Tanks.

Related to Section 16 Conversion Blocker

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

  • 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.

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

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

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

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

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

  • Optional Conversion has the meaning set forth in Section 6(a).

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

  • Company Conversion Price means, as of any date of determination, the price which shall be the lower of (i) the applicable Conversion Price and (ii) that price computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the applicable Company Redemption Date (each a “Company Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock during such Company Conversion Measuring Period.

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

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

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

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

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

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

  • 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.

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

  • Common Share Reorganization has the meaning set forth in Section 4.1;

  • Certificate of Conversion means the Certificate of Conversion of the Partnership filed with Secretary of State of Delaware as referenced in Section 2.1 as such Certificate of Conversion may be amended, supplemented or restated from time to time.

  • 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.

  • Make-Whole Acquisition Stock Price means the price paid per share of Common Stock in the event of a Make-Whole Acquisition. If the holders of shares of Common Stock receive only cash in the Make-Whole Acquisition in a single per-share amount, other than with respect to appraisal and similar rights, the Make-Whole Acquisition Stock Price shall be the cash amount paid per share of Common Stock. For purposes of the preceding sentence as applied to a Make-Whole Acquisition of the type set forth in clause (a) of the definition Make-Whole Acquisition, a single price per share of Common Stock shall be deemed to have been paid only if the transaction or transactions that caused the Make-Whole Acquisition to occur was a tender offer for more than 50% of the then-outstanding Common Stock. Otherwise, the Make-Whole Acquisition Stock Price shall be the average of the Closing Price per share of Common Stock on the ten Trading Days up to, but not including, the Make-Whole Acquisition Effective Date.

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