Final Conversion Date definition

Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
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Final Conversion Date means 5:00 p.m. in New York City, New York on the first Trading Day falling after the date on which, at all times on such date, the outstanding shares of Class 1 Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class 1 Common Stock and Class 2 Common Stock.
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Final Conversion Date means the date on which no shares of Class B Common Stock shall remain outstanding.
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Examples of Final Conversion Date in a sentence

  • Sections 2 and 3 shall terminate and have no further force or effect upon the earliest to occur of (1) such time that Exor elects, in its sole discretion, to terminate its rights hereunder, (2) such time that Exor and its Affiliates cease to own at least 65% of the shares of Common Stock held by Exor and its Affiliates immediately following the Effective Date, (3) the Final Conversion Date (as defined in the Certificate) or (4) immediately prior to the consummation of a Change of Control Transaction.

  • The Exchange Right will terminate with respect to any Eligible Shares on the earlier of (i) the date on which the Founder sells, transfers, or otherwise disposes of such Eligible Shares, other than in a transfer that would constitute a Permitted Transfer (as defined in the New Charter) if the Eligible Shares had been shares of Class B Common Stock and (ii) the Final Conversion Date (as defined in the New Charter).


More Definitions of Final Conversion Date

Final Conversion Date means 5:00 p.m. in New York City, New York on the last Trading Day of the fiscal year during which a Final Conversion Trigger Event occurs.
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Final Conversion Date when used with respect to any Security, means the last day on which such Security shall be convertible into Common Stock.
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Final Conversion Date means 5:00 p.m. in New York City, New York on the first Trading Day falling on or after the tenth (10th) year anniversary of the Effective Time.
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Final Conversion Date means the earliest to occur of:
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Final Conversion Date means the date fixed by the Board of Directors that is no more than 180 days following the date that no shares of Class A Common Stock are outstanding.
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Final Conversion Date means 5:00 p.m. in New York City, New York on the first Trading Day falling on or after the seventh (7th) year anniversary of the Effective Time.
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Final Conversion Date means 5:00 p.m. in New York City, New York on the earliest to occur following the IPO of (i) the date fixed by the Board of Directors that is no less than sixty one (61) days and no more than one hundred eighty (180) days following the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the last Trading Day of the fiscal year following the tenth (10th) anniversary of the effectiveness of the registration statement in connection with the IPO or (iii) the date specified by the holders of a majority of the outstanding shares of Class B Common Stock.
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