Series 2 Conversion Date definition

Series 2 Conversion Date means September 30, 2014 and each September 30 every fifth year thereafter.
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Series 2 Conversion Date means December 31, 2026, and December 31 in every fifth year thereafter;
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Series 2 Conversion Date means September 30, 2020 and September 30 every five years thereafter. “Series 2 Shares” means the Cumulative Floating Rate Preferred Shares, Series 2 of Northland.
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Examples of Series 2 Conversion Date in a sentence

  • Concentra shall give notice in writing to the then holders of the Series 2 Shares of the conversion privilege provided for herein (the “Conversion Privilege”) and such notice shall (i) set out the applicable Series 2 Conversion Date, (ii) include instructions to such holders as to the method by which such Conversion Privilege may be exercised, as described in this Section 8 and (iii) be given at least 30 days and not more than 60 days prior to the applicable Series 2 Conversion Date.

  • On the 30th day prior to each Series 2 Conversion Date, Concentra shall give notice in writing to the then holders of the Series 2 Shares of the Annual Fixed Dividend Rate applicable to the Series 1 Shares determined by Concentra for the succeeding Subsequent Fixed Rate Period.

  • Such conversion shall be deemed to have been made at 5:00 p.m. (Saskatoon time) on the Series 2 Conversion Date, so that the rights of the holder of such Series 2 Shares as the holder thereof shall cease at such time and the person or persons entitled to receive Series 1 Shares upon such conversion shall be treated for all purposes as having become the holder or holders of record of such Series 1 Shares at such time.


More Definitions of Series 2 Conversion Date

Series 2 Conversion Date has the meaning attributed to it in paragraph 8(1)(a).
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Series 2 Conversion Date means November 15, 2027, and November 15 in every fifth year thereafter;
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Series 2 Conversion Date means March 31, 2017, and March 31 in every fifth year thereafter.
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Series 2 Conversion Date means March 31, 2021, and March 31 in every fifth year thereafter;
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Related to Series 2 Conversion Date

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

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

  • Forced Conversion 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.

  • 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.

  • 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.

  • 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.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.

  • 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.

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

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

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

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

  • 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.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

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

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • 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.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

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

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

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

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