Voluntary Conversion Notice definition

Voluntary Conversion Notice shall have the meaning set forth in Section 5(a).
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Voluntary Conversion Notice has the meaning set forth in Section 5.10(f)(ii). “Voluntary Conversion Right” has the meaning set forth in Section 5.10(f)(ii). “Voluntary Redemption Notice” has the meaning set forth in Section 5.10(h)(i). “Voluntary Redemption Right” has the meaning set forth in Section 5.10(h)(i).
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Voluntary Conversion Notice means a written notice in the form attached hereto as Schedule 1.
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Examples of Voluntary Conversion Notice in a sentence

  • The Company shall not convert any Series B Preferred Stock pursuant to a Mandatory Conversion Notice until it shall have converted all Series B Preferred Stock pursuant to any Voluntary Conversion Notice.

  • In the case of a dispute as to the arithmetic calculation of the number of Conversion Shares to be issued upon conversion in accordance with this Section 4, the Company shall cause its Transfer Agent to promptly issue to the holder the number of Conversion Shares that is not disputed and shall submit the arithmetic calculations to the holder via e-mail as soon as possible, but in no event later than two (2) business days after receipt of such holder's Voluntary Conversion Notice.

  • Upon delivery of a Voluntary Conversion Notice, the Partnership shall be irrevocably obligated to convert the Class A Preferred Units on the expected conversion date set forth in such notice.

  • The Voluntary Conversion Notice shall specify (i) the number of shares of Convertible Preferred Stock held by such holder, (ii) the name or names in which such holder wishes the certificate or certificates for Common Stock and Redeemable Preferred Stock to be issued upon such conversion and (iii) the address to which such holder wishes delivery to be made of such new certificates to be issued upon such conversion.

  • The conversion of the principal balance shall be deemed to have been made on the date that Borrower receives the Voluntary Conversion Notice (the "CONVERSION DATE") and Lender shall be treated for all purposes as the record holder of the Voluntary Conversion Units as of such date.

  • On the date the Voluntary Conversion Notice is delivered to the Corporation, such shares of Elected Preferred Stock shall thereupon be converted, without further action, into the number of shares of Common Stock provided for in Section B.3(a), and such number of shares of Common Stock into which the Elected Preferred Stock is converted shall thereupon be deemed to have been issued to such holders of the Elected Preferred Stock.

  • The Voluntary Conversion Notice shall specify (x) the number of shares of Convertible Preferred Stock held by such holder and the number of such shares to be converted, (y) the name or names in which such holder wishes the certificate or certificates for the Common Shares and Redeemable Preferred Stock to be issued upon such conversion and (z) the address to which such holder wishes delivery to be made of such new certificates to be issued upon such conversion.

  • The Company shall promptly send via e-mail or otherwise to a holder of Series A Preferred, upon receipt of a e-mail or otherwise copy of a Voluntary Conversion Notice from such holder which cannot be fully satisfied as described in Section 6(a) above, a notice of the Company's inability to fully satisfy such holder's Conversion Notice (the “Inability to Fully Convert Notice”).

  • To convert any of the principal hereunder into Shares by exercise of the Voluntary Conversion Right, Lender shall deliver to Borrower a written notice of election to exercise the Voluntary Conversion Right (the "Voluntary Conversion Notice").

  • The date upon which the conversion shall be effective (the “Conversion Date”) shall be deemed to be the date set forth therefore in the Voluntary Conversion Notice.

Related to Voluntary Conversion Notice

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

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

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

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

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

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

  • Conversion Notice means a written notice of conversion substantially in the form annexed hereto as Exhibit 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.

  • Automatic Conversion means the irrevocable and automatic release of all of the Issuer’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Issuer’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the holders of the Securities) or to the relevant recipient, in accordance with the terms of the Securities.

  • Automatic Conversion Date shall have the meaning specified in Section 15.12(a).

  • Conversion/Continuation Notice is defined in Section 2.9.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

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

  • Major conversion means a conversion of an existing ship:

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

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

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

  • 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.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

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

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

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Notice of Conversion/Continuation shall have the meaning provided in Section 2.06.

  • 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.

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