Series C Conversion Date definition

Series C Conversion Date has the meaning assigned to such term in Section 5.14(b)(viii)(D).

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Series C Conversion Date means, as the case may be, (a) with respect to any shares of Series C Convertible Preferred Stock voluntarily converted into Common Stock pursuant to Section 7.5.1, the date on which the Company receives a Conversion Notice relating to such shares, together with the certificate or certificates representing such shares, or (b) with respect to all shares of Series C Convertible Preferred Stock automatically converted into Common Stock pursuant to Section 7.5.2, the date of the Conversion Event.

Series C Conversion Date means the consummation date of an IPO that is not a Qualified IPO.

Examples of Series C Conversion Date in a sentence

On the Series C Conversion Date, the Partnership shall issue to such Series C Unitholder (or designated recipient(s)) a Certificate or Certificates for the number of Series C Conversion Units to which such holder shall be entitled.
Upon receipt by the Company of the share certificate(s) representing such Series C Share(s) together with this notice, each Series C Share specified in this notice will on the Series C Conversion Date automatically be converted into, and shall thereupon become, one validly issued and outstanding, fully-paid Common Share.
Instead, the Partnership shall pay the cash value of such fractional Common Units based upon the Closing Sale Price per Common Unit on the Trading Day immediately prior to the Series C Conversion Date.
The Cash Conversion amount shall be payable in cash by the Company in immediately available funds to the respective Series C Holders on the Series C Conversion Date.
Any Series C Preference Shares that have not been converted into Ordinary Shares shall compulsorily convert into Ordinary Shares in accordance with paragraph 3.3 on the Automatic Series C Conversion Date in accordance with the Transaction Documents.

More Definitions of Series C Conversion Date

Series C Conversion Date means: (i) the date when such written notice required by Section 4.6 is received by the Company, together with the certificate or certificates representing the shares of Series C Stock being converted, or (ii) the date on which any event occurs causing an automatic conversion of the shares of Series C Stock pursuant to Section 4.1(b).

Series C Conversion Date means September 30, 2017, and September 30 in every fifth year thereafter. “Series D Conversion Date” means September 30, 2022, and September 30 in every fifth year thereafter.

Series C Conversion Date means March 31, 2019, and March 31 in every fifth year thereafter. "Series D Conversion Date" means March 31, 2024, and March 31 in every fifth year thereafter.

Series C Conversion Date has the meaning set forth in Section 18.06(a). “Series C Corporation Preferred Shares” means the Series C cumulative convertible preferred stock of the Corporation, par value $0.00001 per share. “Series C Distributions” has the meaning set forth in Section 18.03(a). “Series C Distribution Payment Date” means June 30 and December 31 of each year (except that if such date is not a Trading Day, the payment date shall be the next succeeding Trading Day). “Series C Distribution Rate” has the meaning set forth in Section 18.03(a). “Series C Event Effective Date” has the meaning set forth in Section 18.07(b). “Series C Ex-Distribution Date” means, with respect to an issuance distribution on the Class A Common Units, the first date on which shares of Class A Common Stock trade on the applicable Trading Market, regular way, without the right to receive such issuance, dividend or distribution (including pursuant to due bills or similar arrangements required by the relevant stock exchange). “Series C Expiration Date” has the meaning set forth in Section 18.07(a)(iv). “Series C Holder” means a Person in whose name the Series C Preferred Mirror Units are registered, which Person shall be treated by the Company as the absolute owner of the Series C Preferred Mirror Units for the purpose of making payment and settling conversions and for all other purposes; provided, that, to the fullest extent permitted by law, no Person that has received by transfer Series C Preferred Mirror Units in violation of this Agreement or any other agreement to which the Company is a party and by which the Series C Holder is bound, shall be a Series C Holder, and the Company shall not recognize any such Person as a Series C Holder, and the Person in whose name the Series C Preferred Mirror Units were registered immediately prior to such transfer shall remain the Series C Holder of such units.

Series C Conversion Date means June 30, 2017, and June 30, in every fifth year thereafter. "Series D Conversion Date" means June 30, 2022, and June 30, in every fifth year thereafter.

Series C Conversion Date with respect to any Series C Preferred Unit converted will be the date on which:

Series C Conversion Date is defined in Section 2.2(b). “Series B Warrants” and “Series B Warrant” are defined in Section 6.1(a).