Voluntary Conversion definition

Voluntary Conversion means the conversion based on the election of the Participant of all or part of a Participant’s Director’s Fees otherwise payable to the Participant in cash into a Stock Unit Award pursuant to Section 4 hereof.

Voluntary Conversion means a Wheelchair Accessible taxicab, for-hire vehicle, or transportation network company (TNC)-endorsed vehicle that is not required to be Wheelchair Accessible as a condition of the vehicle’s medallion or endorsement, but whose owner voluntarily chooses to be Wheelchair Accessible. Voluntary Conversions must be inspected and approved by the Director before transporting passengers in wheelchairs, and must comply with all eligibility requirements established in Sections III.A.1 and III.A.2 of this Rule.

Voluntary Conversion has the meaning specified in Section 14.15(a).

Examples of Voluntary Conversion in a sentence

• The ADSs representative of the new common shares, resulting from the Offer to Exchange, related with the Voluntary Conversion of PSs, were issued on October 13, 2015.

• In lieu of any fractional shares to which the holder would otherwise be entitled, the Company shall pay cash equal to the product of such fraction multiplied by the average of the Closing Bid Prices of the Common Stock for the five (5) consecutive trading immediately preceding the Voluntary Conversion Date or Mandatory Conversion Date, as applicable.

• In lieu of any fractional shares to which the holder would otherwise be entitled, the Company shall pay cash equal to the product of such fraction multiplied by the average of the Closing Bid Prices of the Common Stock for the five (5) consecutive trading days immediately preceding the Voluntary Conversion Date or Mandatory Conversion Date, as applicable.

• Conversion of Series B Preferred Stock shall be deemed to have been effected on the applicable Voluntary Conversion Date.

• Conversion of Series C Preferred Stock shall be deemed to have been effected on the applicable Voluntary Conversion Date.

More Definitions of Voluntary Conversion

Voluntary Conversion means a conversion pursuant to Condition 4(c).

Voluntary Conversion means a conversion of Class A Shares into Class P Shares pursuant to Section D.2(a) of this Article Fourth prior to the Mandatory Conversion Date.

Voluntary Conversion means a Wheelchair Accessible taxicab, for-hire vehicle, or transportation network company (TNC)-endorsed vehicle that is not required to be

Voluntary Conversion has the meaning set forth in Section 5(b)(i).

Voluntary Conversion has the meaning given to such term in the First Out Waterfall Notes.

Voluntary Conversion shall have the meaning set forth in Section 3.1(a).

Voluntary Conversion is defined in Section 1.2.