Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.
Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).
Mandatory Conversion Date has the meaning set forth in Section 7(a).
Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.
Mandatory Conversion shall have the meaning set forth in Section 6.
Series A Redemption Notice has the meaning set forth in Section 16.6(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.
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.
Conversion Notice has the meaning specified in Section 4.02(b).
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).
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.
Make-Whole Fundamental Change Conversion Period has the following meaning:
Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.
Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).
Automatic Conversion Date has the meaning specified in Section 13.14(a).
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.
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.
Major conversion means a conversion of an existing ship:
Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.
Forced Conversion Date shall have the meaning set forth in Section 6(d).
Default Conversion Price shall have the meaning set forth in Section 4(b).
Series A Redemption Date has the meaning set forth in Section 16.6.
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.
Optional Redemption Notice shall have the meaning set forth in Section 6(a).
Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).
Interest Conversion Shares shall have the meaning set forth in Section 2(a).