Voluntary Conversion Notice definition

Voluntary Conversion Notice shall have the meaning set forth in Section 5(a).
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Voluntary Conversion Notice means a written notice in the form attached hereto as Schedule 1.
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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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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.

  • 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.

  • 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.

  • 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.

  • The conversion of the outstanding principal hereunder 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 Shares as of such date to the extent permitted under applicable law.

  • Subject to Article 6.8 ( Exceptional Voluntary Conversion of A Ordinary Shares) below, the voluntary conversion date (the “Voluntary Conversion Date”) shall be the date falling five (5) Business Days following the date that a Voluntary Conversion Notice is delivered to the Company in accordance with Article 6.7(a) (Voluntary Conversion of the A Ordinary Shares) and Article 6.7(b) (Voluntary Conversion of the A Ordinary Shares).

  • The conversion of the principal balance and accrued interest pursuant to Section 3(c) shall be deemed to have been made on the date that Payor actually receives the Voluntary Conversion Notice and Holder shall be treated for all purposes as the record holder of the Conversion Shares as of such date.

  • 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 holder of any shares of the Series A Preferred Stock may exercise the conversion right specified in Section 5(a) by surrendering or causing to be surrendered to the Corporation or any transfer agent of the Corporation the certificate or certificates representing the shares of the Series A Preferred Stock to be converted, accompanied by written notice (the "Voluntary Conversion Notice") specifying the number of such shares to be converted.

  • The number of Common Shares to be issued on a Series B Voluntary Conversion shall be determined by applying the Series B Voluntary Conversion Rate in effect at the relevant Series B Voluntary Conversion Date to the number of Series B Preferred Shares to be converted (as stipulated in the Series B Voluntary Conversion Notice).

Related to Voluntary Conversion Notice

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

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • 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 has the meaning specified in Section 4.02(b).

  • 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 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.

  • Automatic Conversion Date has the meaning specified in Section 13.14(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, (b) accrued but unpaid dividends and (c) 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 has the meaning set forth in Section 4.05(c) hereof.

  • 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 has the meaning assigned thereto in Section 4.2.

  • 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).