Convertibility Commencement Date definition

Convertibility Commencement Date when used with respect to any Security, means the date fixed by or pursuant to this Indenture as the first date on which that Security can be converted pursuant to Article XIII.
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Convertibility Commencement Date means, with respect to any -------------------------------- Convertible Note, the first date on which that Convertible Note may be converted into shares of ARS Common Stock.
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Convertibility Commencement Date means the second (2nd) Business Day immediately after the last VWAP Trading Day of the Note Valuation Period.
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Examples of Convertibility Commencement Date in a sentence

  • The Original Issue Date of those Convertible Notes will be the date on which the Effective Time occurs, the Convertibility Commencement Date of those Convertible Notes will be one day after the first anniversary of that Original Issue Date and the Initial Conversion Price will be fixed at a rate of $12.00 per share of ARS Common Stock, which price may be higher or lower than the fair market value of such stock on the Closing Date or the date of conversion.

  • For the avoidance of doubt, a Tax Redemption will not affect any Holder’s right to convert any Notes on or after the Convertibility Commencement Date and the Company’s obligation to pay any Additional Amounts with respect to such conversion.

  • Notwithstanding anything to the contrary in this Indenture or the Notes, the Notes will not be convertible before the Convertibility Commencement Date.

  • From and after the Convertibility Commencement Date, subject to the provisions of this Article 5, each Holder may, at its option, convert such Holder’s Notes into Conversion Consideration.

  • At all times from and after the Convertibility Commencement Date when any Notes are outstanding, the Company will reserve, out of its share issue mandate, a number of Ordinary Shares sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Related to Convertibility Commencement Date

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.