Series F Conversion Date definition

Series F Conversion Date means the date on which the Certificate of Designation establishing the Series F Preferred Stock has been accepted for filing by the Delaware Secretary of State. The Borrower shall at all times after the Series F Conversion Date reserve and keep available for issuance out of its authorized but unissued shares of Series F Preferred Stock such number of shares of Series F Preferred Stock as shall be sufficient to effect the conversion of the Note into shares of Series F Preferred Stock, and if at any time such reserve shall not be sufficient to effect the conversion of the entire outstanding principal amount of, and accrued interest on, this Note, without limitation of such other remedies as shall be available to the Lender, the Borrower will use commercially reasonable efforts to take such corporate actions as may, in the opinion of counsel, be necessary to increase its authorized but unissued shares of Series F Preferred Stock. The Borrower shall at all times after the Series F Conversion Date reserve and keep available for issuance out of its authorized but unissued shares of Common Stock such number of shares as shall from time to time be sufficient to effect the conversion of the outstanding shares of Series F Preferred Stock into shares of Common Stock, and if such reserve shall not be sufficient to effect the conversion of the aggregate number of shares of Series F Preferred Stock then outstanding plus accrued dividends thereon, without limitation of such other remedies as shall be available to the Lender, the Borrower will use commercially reasonable efforts to take such corporate actions as may, in the opinion of its counsel, be necessary to increase its authorized but unissued shares of Common Stock.
Sample 1Sample 2Sample 3
Series F Conversion Date means June 1, 2018, and June 1, in every fifth year thereafter. “Series G Conversion Date” means June 1, 2023, and June 1, in every fifth year thereafter.
Sample 1Sample 2
Series F Conversion Date means September 30, 2022, and September 30 in every fifth year thereafter;
Sample 1

Examples of Series F Conversion Date in a sentence

  • Each share of Series F Stock shall be converted into the number of shares of Common Stock as is determined by multiplying each such share by a fraction, the numerator of which is Four Dollars and Twenty-Five Cents ($4.25) and the denominator of which is the Series F Conversion Price in effect on the Series F Conversion Date as determined by reference to Subparagraph 5(d)(ii) below.

  • Such conversion shall be deemed to have been made on the Series F Conversion Date, and the person or persons entitled to receive the Conversion Shares shall be treated for all purposed as the record holder or holders of such shares of Common Stock as of such date.

  • To effect conversions of shares of Series F Preferred Stock, a Series F Holder shall not be required to surrender any certificate(s) representing the shares of Series F Preferred Stock to the Corporation unless all of the shares of Series F Preferred Stock represented thereby are so converted, in which case such Holder shall deliver any certificate representing such shares of Series F Preferred Stock promptly following the Series F Conversion Date at issue.

  • In addition to the provisions for the use of facsimile signatures elsewhere specifically authorized in these Bylaws and subject to applicable law, facsimile signatures and other forms of electronic signatures of any officer or officers of the Corporation may be used.

  • Such conversion shall be deemed to have been effected immediately prior to the close of business on the Series F Conversion Date, and at such time the rights of the holder as holder of the converted shares of Series F Preferred Stock shall cease and the person or persons in whose name or names any certificate or certificates for shares of Common Stock shall be issuable upon such conversion shall be deemed to have become the holder or holders of record of the shares of Common Stock represented thereby.

  • The date of receipt of such certificates and notice by the transfer agent (or by the Corporation if the Corporation serves as its own transfer agent) shall be the conversion date for a voluntary conversion, and the date of the Class B Triggering Event or other automatic conversion, as applicable, shall be the conversion date for an automatic conversion (each, a "SERIES F CONVERSION DATE"), and each conversion shall be deemed effective as of the close of business on the applicable Series F Conversion Date.

  • No allowance or adjustment, except pursuant to Article II, Section 5, shall be made in respect of dividends payable to holders of the Common Stock of record as of any date prior to the close of business on any applicable Series F Conversion Date.

  • The Person or Persons entitled to receive the Series F Conversion Shares issuable upon conversion of Series F Preferred on any Series F Conversion Date shall be treated for all purposes as the record holder(s) of such Series F Conversion Shares as of the close of business on such Series F Conversion Date.

  • If the Series F Conversion Date is prior to the close of business on a Dividend Payment Date for any declared dividend for the then-current Dividend Period, the Series F Holder of such shares will not be entitled to any such dividend.

Related to Series F Conversion Date

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

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

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

  • Conversion Date shall have the meaning set forth in Section 4(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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

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

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

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

  • 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.

  • 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.

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

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

  • 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.

  • 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.

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

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

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 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 10 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 after the Interest Payment Date.

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

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