Conversion and Exchange Rights Sample Clauses

Conversion and Exchange Rights. The Trustees shall have the authority to provide that holders of Shares of any class of any Series of Shares shall have the right to convert such Shares into, or to exchange such Shares for, Shares of the same or one or more other Series of Shares in accordance with such requirements and procedures as may be established by the Trustees.

Conversion and Exchange Rights. The applicable prospectus supplement will describe, if applicable, the terms on which you may convert debt securities into or exchange them for common stock or other securities or property. The conversion or exchange may be mandatory or may be at your option. The prospectus supplement will describe how the number of shares of common stock or other securities or property to be received upon conversion or exchange would be calculated.

Conversion and Exchange Rights. (a) Series B Preferred Units. The holders of Series B Preferred Units shall be entitled to convert Series B Preferred Units into Common OP Units or exchange Series B Preferred Units for shares of the General Partner's common stock, at their option, on the following terms and subject to the following conditions: (i) On May 1, 2002, the holders of Series B Preferred Units may convert an aggregate of 10,000 Series B Preferred Units into 22,727 Common OP Units or exchange an aggregate of 10,000 Series B Preferred Units for 22,727 shares of the General Partner's common stock, or any combination thereof at conversion or exchange rate of 2.272727 Common OP Units or shares of the General Partner's common stock, as the case may be, for each Series B Preferred Unit (rounded to the lower whole number), at their option, provided the General Partner has received at least sixty (60) days prior written notice of such conversion or exchange, such notice to specify the number of Common OP Units and number of shares of the General Partner's common stock to which the Series B Preferred Units are to be converted or exchanged. (ii) On each of May 1, 2003, May 1, 2004, May 1, 2005 and May 1, 2006, the holders of Series B Preferred Units may convert all or any portion (but not less than 10,000) Series B Preferred Units to Common OP Units or exchange all or any portion (but not less than 10,000) Series B Preferred Units for shares of the General Partner's common stock, at their option, at a conversion and exchange rate of 2.272727 Common OP Units or shares of the General Partner's common stock, as the case may be, for each Series B Preferred Unit (rounded to the lower whole number), provided the General Partner has received at least sixty (60) days prior written notice of such conversion or exchange, such notice to specify the number of Common OP Units and number of shares of the General Partner's common stock to which the Series B Preferred Units are to be converted or exchanged. (iii) The conversion/exchange rate is subject to adjustment upon subdivisions, stock splits, stock dividends, combinations and reclassification of the common stock of the General Partner. (iv) In case the General Partner shall be a party to any transaction (including, without limitation, a merger, consolidation, statutory share exchange, tender offer for all or substantially all of the General Partner's capital stock or sale of all or substantially all of the General Partner's assets), in each case as a...

Conversion and Exchange Rights. The Company acknowledges that the Certificate of Designations sets forth certain rights of the holders of shares of Series A Preferred Stock to convert such shares of Series A Preferred Stock into newly issued shares of Company Common Stock, or to exchange such shares of Series A Preferred Stock (or shares of Company Common Stock into which such shares of Series A Preferred Stock were converted under certain specified circumstances) for certain shares of Newco Shares (the "EIS Exchange Right"), and agrees that it will not take any action which would impair such rights other than as otherwise permitted by the provisions thereof. In the event that EIS shall exercise the EIS Exchange Right, EIS shall cause to be paid to the Company, within 30 days of such exercise, an amount equal to 30.1% of the aggregate amount of the Development Funding through the date of such exercise provided to Newco (by or on behalf of the Company and EIS and their respective affiliates and subsidiaries) from and after the Initial Closing Date and prior to such exercise (plus interest on the amount so funded, from the date of the pertinent funding, at the interest rate of 10% per annum compounded semi-annually). In the event of a Required Conversion (as defined in the Certificate of Designations), the Common Stock delivered upon such conversion shall have the benefit of the EIS Exchange Right identical to that with respect to the Series A Preferred Stock so converted and shall be evidenced by a security substantially in the form of Exhibit F.

Conversion and Exchange Rights. Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series shall have the right to convert said Shares into Shares of one or more other Series of the Trust or exchange said Shares for Shares of one or more other Series of the Trust, in accordance with such requirements and procedures as may be established by the Trustees from time to time.

Conversion and Exchange Rights. The Company acknowledges that the ------------------------------ Certificate of Designations sets forth certain rights of the holders of shares of Series C Preferred Stock to convert such shares of Series C Preferred Stock into newly issued shares of Series B Preferred Stock, or to exchange such shares of Series C Preferred Stock (or shares of Series B Preferred Stock into which such shares of Series C Preferred Stock were converted under certain specified circumstances) for certain shares of Newco Shares (the "EIS Exchange Right"), ------------------ and agrees that it will not take any action which would impair such rights other than as otherwise permitted by the provisions thereof. In the event that EIS shall exercise the EIS Exchange Right, EIS has not satisfied its obligations pursuant to Section 3 of the Note, EIS shall cause to be paid to the Company, within 30 days of such exercise, an amount equal to 30.1% of the aggregate amount of the Development Funding and Additional Development Funding through the date of such exercise provided by each of the parties to Newco in accordance with the terms hereof (plus interest calculated thereon at the same interest rate as in the Note, for the period from the initial payment through the date of the exercise of the EIS Exchange Right) (the "Make-Whole Amount") or any portion of the Make-Whole Amount, as the case may ----------------- be, provided to Newco (by or on behalf of the Company and EIS and their respective affiliates and subsidiaries), from and after the Initial Closing Date. EIS may pay such amount, at its option, either (i) in cash or (ii) by offset against the amount payable under the Note, to which EPIL hereby consents or a combination of (i) and (ii). In the event of a Significant Transaction (as defined in the Certificate of Designations), the Series B Preferred Stock delivered upon such conversion shall have the benefit of the EIS Exchange Right identical to that with respect to the Series C Preferred Stock so converted and shall be evidenced by a security substantially in the form of Exhibit H. ---------

Conversion and Exchange Rights. The debt securities of any series may be convertible into or exchangeable for other securities of GE or another issuer or property or cash on the terms and subject to the conditions set forth in the applicable prospectus supplement.

Conversion and Exchange Rights. The Certificate of Designations sets forth certain rights of the holders of shares of Series A Preferred Stock to convert such shares of preferred stock into newly issued shares of Common Stock, or to exchange such shares of Series A Preferred Stock into certain shares of Newco Common Stock owned by the Company (the "EIS Exchange Right"), both on the terms and conditions set forth therein.

Conversion and Exchange Rights. The Company acknowledges that the Charter sets forth certain rights of the holders of the Shares to convert the Shares into newly issued shares of Acusphere Common Stock and that the Exchange Agreement sets forth certain rights of the holders of the Series G Preferred Stock to exchange such shares of Series G Preferred Stock (or shares of Acusphere Common Stock into which such shares of Series G Preferred Stock were converted under certain specified circumstances) for certain shares of Newco Stock (the "EIS Exchange Right"), and agrees that it will not take any action which would impair such rights other than as otherwise permitted by the provisions thereof. In the event that EIS shall exercise the EIS Exchange Right, EIS shall cause to be paid to Acusphere, within 30 days of such exercise, an amount equal to the incremental percentage of the outstanding share capital of Newco obtained by EIS pursuant to the exercise of the EIS Exchange Right of the aggregate amount of the Development Funding through the date of such exercise provided by each of the parties to Newco in accordance with the terms hereof (plus accrued and unpaid interest on the applicable portion of the Note), from and after the date hereof and until the date of such exercise (the "Make-Whole Amount"). EIS may pay such amount, at its option, either (i) in cash or (ii) by offset against the amount payable under the Note or a combination of (i) and (ii).