Series E Conversion Notice definition

Series E Conversion Notice has the meaning assigned to such term in Section 5.16(b)(viii)(B).
View Source
Series E Conversion Notice means a written notice delivered by the Partnership to a holder of Series E Preferred Units that such holder convert Series E Preferred Units for Partnership Units. Each Series E Conversion Notice must specify the number of Series E Preferred Units to be exchanged and the proposed Series E Conversion Date.
View Source
Series E Conversion Notice. ’ means the notice relating to the conversion of the Series E First Preference Shares, which is in the form of the notice attached hereto as Exhibit C;
View Source

Examples of Series E Conversion Notice in a sentence

  • If a Series E Conversion Notice is delivered in accordance with Section 5.16(b)(viii)(B), the Partnership shall issue the Series E Conversion Units no later than seven (7) days after a Series E Conversion Notice Date (any date of issuance of such Common Units, a “Series E Conversion Date”).

  • For the avoidance of doubt, if a Series E Conversion Notice Date occurs prior to the close of business on a Record Date for payment of a distribution on the Common Units, the applicable holder of Series E Preferred Units shall receive only the Common Unit distribution with respect to such period.

  • A one-time only Conversion rate of $0.01 per Common Share applicable for the Senior Conversion Reserve, issuable to each relevant Senior Investor upon filing of the Initial Series E Conversion Notice.

  • Step 2 If and when the Senior Conversion Reserve has been reduced to zero, the Intermediary shall file each following Series E Conversion Notice without the written instruction recited in Step 1 of this Section A.6.3.2 and as otherwise provided for in this Agreement.

  • Step 2 Deposit the 2,000,000 Common Shares received from the Company’s transfer agent pursuant to the Initial Series E Conversion Notice in each relevant Senior Investor’s Securities Account.

  • An example copy of the Senior Purchase Price Disbursement Report is attached hereto in Exhibit D, and an example copy of the Series E Conversion Notice is attached hereto in Exhibit I.

  • The Common Shares in the Senior Conversion Reserve shall either be issued pursuant to an effective registration statement or be issued free of restrictive legend pursuant to Rule 144, and after the filing by the Intermediary of the initial Series E Conversion Notice.

  • Each Breakout, other than the Initial Breakout, shall be preceded by a 30 day period beginning immediately after the preceding Breakout (or as otherwise provided herein) (the “Breakout Timer”), with the Initial Breakout released to the Company Cash Account 30 days after the filing by the Intermediary of the first Series E Conversion Notice hereunder.

  • This tracking data shall be compared against the requirements stated in Section A.2 of Exhibit A, and a copy of the Tracking Report shall be provided to the Company by the Intermediary upon the filing of each Series E Conversion Notice.

  • The Intermediary shall complete each relevant Series E Conversion Notice as provided for herein and submit to the Company.