Special Mandatory Conversion definition

Special Mandatory Conversion shall have the meaning provided in the Charter.
Special Mandatory Conversion provisions of the Certificate of Incorporation nor (B) any future provisions of the Certificate of Incorporation or any other agreement serving a similar purpose with respect to a future acquisition of shares by a Non-U.S. Purchaser shall apply to any Non-U.S. Purchaser making filings pursuant to the DPA under this Section 3.6 unless and until the date that is ten (10) business days after the CFIUS Satisfied Condition is achieved.
Special Mandatory Conversion has the meaning ascribed thereto in the Memorandum and Articles.

Examples of Special Mandatory Conversion in a sentence

  • Each of the conversions set forth in this Section B.10(a) is referred to as a “Special Mandatory Conversion.” All accrued but unpaid dividends on shares New Preferred Stock shall be paid, in cash or additional shares at the discretion of the Board of Directors, in connection with any Special Mandatory Conversion.

  • Upon a Special Mandatory Conversion, each holder of shares of New Preferred Stock converted pursuant to Section B.10(a) shall be sent written notice of such Special Mandatory Conversion and the place designated for mandatory conversion of all shares of New Preferred Stock.

  • Upon a Special Mandatory Conversion, each holder of shares of Series A Preferred Stock converted pursuant to Subsection 5A.1 shall be sent written notice of such Special Mandatory Conversion and the place designated for mandatory conversion of all such shares of Series A Preferred Stock pursuant to this Section 5A.

  • Upon a Special Mandatory Conversion, each holder of shares of Series B-2 Stock converted pursuant to Section 9(a) shall be sent written notice of such Special Mandatory Conversion and the place designated for mandatory conversion of all shares of Series B-2 Stock.

  • Upon a Special Mandatory Conversion, each such Member holding shares of Preferred Shares converted pursuant to Section 11.01 shall be sent written notice of such Special Mandatory Conversion and the place designated for mandatory conversion of all such shares of Preferred Shares pursuant to this Article XI.

  • Upon a Special Mandatory Conversion, each Qualified Holder converted pursuant to Section 5A.1 shall be sent written notice of such Special Mandatory Conversion and the place designated for mandatory conversion of all such shares of Series B Preferred Stock pursuant to this Section 5A.

  • Notwithstanding the foregoing, no Holder shall be entitled to exercise any right provided for in this Section 1 with respect to any Special Mandatory Conversion Shares.

  • Upon a Special Mandatory Conversion, each holder of shares of Preferred Stock converted pursuant to Subsection 5A.1 shall be sent written notice of such Special Mandatory Conversion and the place designated for mandatory conversion of all such shares of Preferred Stock pursuant to this Section 5A.

  • In the event that the Preferred Stock held by an Investor is converted into Common Stock pursuant to a Special Mandatory Conversion, such person shall cease to be an Investor under this Agreement and shall cease to be entitled to any of the rights and privileges granted to an Investor pursuant to this Agreement.

  • Upon a Special Mandatory Conversion, each holder of shares of Series B Stock converted pursuant to Section 9(a) shall be sent written notice of such Special Mandatory Conversion and the place designated for mandatory conversion of all shares of Series B Stock.


More Definitions of Special Mandatory Conversion

Special Mandatory Conversion means an automatic conversion of shares of Series D Preferred into shares of Common Stock pursuant to Section 5(l)(ii).
Special Mandatory Conversion shall have the meaning given to such term in the Operating Agreement.
Special Mandatory Conversion provisions of the Company’s Certificate of Incorporation; (ii) any Common Stock, or any Common Stock issued or issuable (directly or indirectly) upon conversion and/or exercise of any other securities of the Company, acquired by any of the Investors after the date hereof; (iii) any Common Stock issued

Related to Special Mandatory Conversion

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

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

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

  • 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.

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