Conversion Triggering Event definition
Examples of Conversion Triggering Event in a sentence
Any such nomination or act of voting shall not in and of itself be deemed a Transfer of any Covered Class B Stock, a Third Party Conversion Triggering Event or an Additional Conversion Triggering Event, nor shall ▇▇.
Following the occurrence of a Conversion Triggering Event, the Company shall not record any Transfer of Additional Shares as such, and any such purported Transfer of Additional Shares as such shall be null and void.
On or after the Conversion Triggering Event Date, the Holder may convert this Note at any time without regard to any of the Conversion Trigger Events, subject to the terms and conditions of the Credit Agreement and Sections 4(c) and (d) hereof.
The Board of Directors shall determine if an event or transaction or series of transactions constitutes an Automatic Conversion Triggering Event for purposes of this Section 4(b).
The foregoing agreement and consent shall not, for the avoidance of doubt, affect or otherwise modify the ability of any of such Non-Voting Common Shares to convert into Voting Common Shares upon the occurrence of a Contingent Conversion Triggering Event (as defined in the Second A&R Articles).
Each share of Class B Preferred Stock shall automatically be converted in accordance with the Class B Conversion Ratio, subject to adjustment as provided in Section 4(d) hereof, upon any Automatic Conversion Triggering Event.
Upon the occurrence of a Mandatory Conversion Triggering Event all Notes then outstanding shall automatically convert into the right to receive Ordinary Shares of the Issuer as provided in Section 6.12 of the Indenture.
The Board of Directors shall determine whether an event or transaction or series of transactions constitute an Automatic Conversion Triggering Event for purposes of this Section 4(b).
Upon the occurrence of a Mandatory Conversion Triggering Event all Notes then outstanding shall automatically convert into the right to receive Ordinary Shares as provided in Section 6.12 of the Indenture.