Voluntary Conversion Right definition

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 Right has the meaning specified in Section 4.03(a).
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Voluntary Conversion Right has the meaning set forth in Section 5.10(f)(ii).
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Examples of Voluntary Conversion Right in a sentence

  • No Arrears of Interest will be payable under this Condition 3(b)(iii) in respect of a Bond which is the subject of an exercise of a Bondholder Voluntary Conversion Right where the Conversion Date in respect of such exercise falls on or before the Record Date in respect of such payment of Arrears of Interest.

  • The CPS is a rotating panel survey administered by the BLS to a sample of households.

  • No Make-whole Amount or accrued interest or Arrears of Interest shall be payable in respect of any conversion of Bonds upon the exercise of a Bondholder Voluntary Conversion Right.

  • The Voluntary Conversion Right may not be exercised pursuant to this § 8(c) by a Noteholder after such Noteholder has terminated its Notes in accordance with § 12.

  • Voluntary Conversion Right of Holders of Notes in case of a Change of Control of the Issuer: In the case of a Change of Control of the Issuer (as defined in the Terms and Conditions in line with UK convertible market practice), a Holder may convert its Notes into Shares at the Maximum Conversion Ratio for a period of 60 days after the occurrence of the Change of Control (the “Change of Control Conversion Period”).

  • The Trustee shall not be responsible for any failure of the Issuer or the Guarantor to make available or deliver any Ordinary Shares, share certificates or other securities or property or make any payment upon the exercise of the Bondholder Voluntary Conversion Right or Special Event Conversion Right in respect of any Bond or of the Issuer to comply with any of the covenants contained in these presents.

  • Upon fulfillment of all requirements specified above for the exercise of the Voluntary Conversion Right, the Principal Conversion Agent will verify whether the number of Notes delivered to the Principal Conversion Agent exceeds or falls short of the number of Notes specified in the Conversion Notice.

  • However, with such operation, the dc current from Converter 2 would feed the dc fault, leading the opening of FDs to fail.

  • In the Undertaking the Guarantor has undertaken to grant to each Noteholder the Voluntary Conversion Right in accordance with and as provided in the provisions of this § 8(c) and § 9(b) on any Business Day during the Special Voluntary Conversion Period in respect of such Take-over Bid.

  • Once a Bondholder has exercised a Bondholder Voluntary Conversion Right, its Bonds which are the subject of such exercise shall be converted pursuant to this Condition 4(c) notwithstanding any Issuer‟s Early Conversion Notice or Accelerated Conversion Event Notice being given on or after the Conversion Date applicable pursuant to this Condition 4(c).


More Definitions of Voluntary Conversion Right

Voluntary Conversion Right has the meaning set forth in Exhibit F.
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Voluntary Conversion Right means the right granted to each Noteholder to convert each Note in whole into Settlement Shares pursuant to § 8(a), § 8(b) or § 8(c).
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Related to Voluntary Conversion Right

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

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

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

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

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

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

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

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

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

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

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

  • 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.

  • Forced Conversion 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).

  • Conversion Amount means the sum of the Stated Value at issue.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Early Preference Share Redemption Event means the event that occurs if:

  • 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.

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

  • 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.

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