Conversion Procedures definition

Conversion Procedures means the procedures governing the Conversion of Class B Units attached hereto as Annex I.
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Conversion Procedures notwithstanding the right of the Lender to elect at any time to convert all or any part of the then Outstanding Principal Amount of the Notes into Conversion Shares, including the Maximum Conversion Shares, the Company shall have the right to pay in cash all or any portion of the entire then Outstanding Principal Amount of all Notes (each a “Company Cash Payment”) prior to receipt of the Lender’s notice of its election to convert the Notes (each a “Lender Conversion Notice”) and prior to any such conversion; provided, however, if the Lender shall issue to the Company a Lender Conversion Notice prior to any Company election to make a Company Cash Payment, the Company will honor such Lender Conversion Notice and not make the applicable Company Cash Payment to enable the Lender to effect a conversion into Conversion Shares at the applicable Conversion Price. The Lender Conversion Notice may be given by electronic mail and the Company will deliver Conversion Shares to its transfer agent within one (1) Business Day following receipt of the Lender Conversion Notice.
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Conversion Procedures. Exhibit B attached hereto sets forth the procedures with respect to the conversion of the Debentures, including the forms of conversion notice to be provided upon conversion, instructions as to the procedures for conversion, the form of legal opinion, if necessary, that shall be rendered to the Company's transfer agent and such other information and instructions as may be reasonably necessary to enable the Purchaser to exercise its right of conversion smoothly and expeditiously.
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Examples of Conversion Procedures in a sentence

  • If the Trustee cannot confirm payment of such Conversion Fee and amount equivalent to Consumption Taxes, the Trustee may suspend or cease Conversion Procedures.

  • Settlement Upon Conversion; Conversion Procedures 22 Section 8.03.

  • Conversion Procedures..........................................................

  • Each one one-thousandth (1/1,000th) of a share of Series A Non-Voting Preferred Stock will become convertible into one (1) share of Common Stock, without any further action on the part of any holder, subject to adjustment as provided in Section 6 below, on the date a holder of Non-Voting Preferred Stock transfers such share of Non-Voting Preferred Stock to a non-Affiliate of the holder in a Permissible Transfer and under the Conversion Procedures set forth on Section 5(d).

  • If the Trustee cannot confirm payment of such Conversion Fee and amount equivalent to Consumption Taxes, the Trustee may suspend or cease the Conversion Procedures concerning such Request for Conversion.

  • Conversion Procedures......................................................

  • Settlement Upon Conversion; Conversion Procedures 34 Section 4.03.

  • SECTION 9.1. Right To Convert 37 SECTION 9.2. Determination of Satisfaction of Certain Conversion Triggers 40 SECTION 9.3. Conversion Procedures 41 SECTION 9.4. Cash Payments in Lieu of Fractional Shares 42 SECTION 9.5. Taxes on Conversion 42 SECTION 9.6. Exchange in Lieu of Conversion 43 SECTION 9.7. Covenants of the Company 43 SECTION 9.8. Adjustments to Conversion Rate 44 SECTION 9.9. Calculation Methodology 48 SECTION 9.10.

  • Holder has the right to convert this Note in accordance with the Conversion Procedures set forth in the Credit Agreement.

  • Conversion Procedures...............................................


More Definitions of Conversion Procedures

Conversion Procedures shall have the meaning as that term is defined in the Loan Agreement.
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Related to Conversion Procedures

  • Auction Procedures means the Auction Procedures that are set forth in Paragraph 10 of the Articles Supplementary.

  • AML/KYC Procedures means the customer due diligence (CDD) procedures of a Reporting Financial Institution pursuant to the anti-money laundering or similar requirements of the jurisdiction concerned to which such Reporting Financial Institution is subject.

  • Operation Procedures means the procedures contained in Annexure A hereto which the Contractor is obliged to follow when performing work on behalf of the company

  • Bidding Procedures means the bidding procedures attached as Exhibit 1 to the Bidding Procedures Order and approved by the Bankruptcy Court pursuant to the Bidding Procedures Order and as amended and supplemented.

  • Dispute Resolution Procedures means the procedures outlined in Annexure A of the MSA Determination.