Optional Conversion definition
Optional Conversion has the meaning set forth in Section 6(a).
Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.
Optional Conversion means the conversion of any Convertible Preferred Stock other than pursuant to a Mandatory Conversion.
Examples of Optional Conversion in a sentence
For the avoidance of doubt, a Holder may effect an Optional Conversion, and the Corporation may effect a Mandatory Conversion of, a portion of such Holder’s Series B Preferred Stock up to the Ownership Limitation, in each case subject to the other requirements of this Certificate of Designations applicable to such Optional Conversion or Mandatory Conversion, as applicable.
More Definitions of Optional Conversion
Optional Conversion means the conversion of shares of the Designated Preferred Stock into Common Stock at the then-applicable Conversion Rate, either (i) in whole or in part, at any time or from time to time, at the election of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(A), or (ii) in whole or in part, at the election of the Holder, upon any public offering of the Common Stock or upon the occurrence of a Change of Control of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(B).
Optional Conversion means the conversion of units of the Designated Preferred into Common Interests at the then-applicable Conversion Rate, either (i) in whole or in part, at any time or from time to time, at the election of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(A), or (ii) in whole or in part, at the election of the Holder, upon any public offering of the Common Interests or upon the occurrence of a Change of Control of the Issuer, subject to the requirements and conditions set forth in Section 6(a)(i)(B).
Optional Conversion means a conversion of this Note to Common Stock at the option of the Holder in accordance with Section 3.1(a).
Optional Conversion has the meaning specified in Section 7.
Optional Conversion shall have the meaning specified in Section 13.01(b).
Optional Conversion shall have the meaning set forth in Section 3(3).
Optional Conversion means an optional conversion of all or any portion of this Note as provided in Section 4(a)(i).