Holder Conversion Right definition

Holder Conversion Right is defined in Section 5.12(b)(vii)(A).
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Holder Conversion Right has the meaning assigned to such term in Section 5.10(b)(ix)(A).
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Holder Conversion Right shall have the meaning assigned to such term in Section 6(b)(i).
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Examples of Holder Conversion Right in a sentence

  • Prior to the date of prepayment specified in the notice, a Holder may elect to exercise the Holder Conversion Right.

  • The Holder Conversion Right may be exercised by the Holder by the surrender of this Debenture (or of any replacement Debenture issued hereunder) with the conversion notice attached hereto duly executed, at the principal office of the Company or the transfer agent of the Company.

  • The Company covenants that, for so long as any Debentures remain outstanding, the Company will at all times have authorized and reserved for the purpose of issue upon exercise of the Holder Conversion Right or upon Mandatory Conversion, a sufficient number of shares of Common Stock to provide for the full exercise of the Holder Conversion Right or the conversion pursuant to Mandatory Conversion.

  • Conversion shall be deemed to have been effected on (a) in the case of the Holder Conversion Right, the date that such delivery of the Debenture and conversion notice is actually made, or (b) in the case of Mandatory Conversion, the Mandatory Conversion Date (as applicable, the “Conversion Date”).

  • Subject to adjustment as provided in Sections 5.9 and 5.12(b)(ix), the Class C Convertible Preferred Units will convert into Common Units on a one-for-one basis upon exercise of the Holder Conversion Right or the Partnership Forced Conversion Right.

  • The Issuer covenants that, for so long as any Convertible Notes remain outstanding, the Issuer will at all times have authorized and reserved for the purpose of issuance upon exercise of the Holder Conversion Right, a sufficient number of duly authorized shares of Common Stock to provide for the full exercise of the Holder Conversion Right.

  • The Holder Conversion Right may be exercised by the Holder by the surrender of this Convertible Note (or of any replacement Convertible Note issued hereunder) with the conversion notice attached hereto as Exhibit A duly executed, at the principal office of the Issuer or the transfer agent of the Issuer.

  • Conversion shall be deemed to have been effected (a) in the case of the Holder Conversion Right, on the date that such delivery of the Note and conversion notice is actually made, or (b) in the case of any interest payment pursuant to Section 2.1(c) (other than an interest payment which the Company shall have elected to make in cash), on the date on which such interest payment is due (as applicable, the “Conversion Date”).

  • Notwithstanding the foregoing, if a holder exercises the Holder Conversion Right, but any of the Specified Shares to be converted pursuant to Article 3.8(a) are not converted as provided in Article 3.8(j), the Corporation may not redeem Series A Shares that are not so converted from the holder thereof under Article 3.12 for a period of 180 days from the date on which such conversion was to have occurred.

  • The Company covenants that, for so long as any Notes remain outstanding, the Company will at all times have authorized and reserved a sufficient number of shares of Common Stock to provide for the full issuance of shares pursuant to Section 2.1(c) and the full exercise of the Holder Conversion Right.

Related to Holder Conversion Right