Conversion Event

Conversion Event. Shall mean the first to occur of: (i) the date that is 180 days following the date Parent (as defined in the Merger Agreement) exercises the Limited Due Diligence Termination Right if the Company has not redeemed the Preferred Stock as of such date pursuant to Section 6 below, (ii) the date the Merger Agreement is terminated (other than upon exercise of the Limited Due Diligence Termination Right or due to a breach of the Merger Agreement by Parent or Merger Sub (as defined in the Merger... Agreement)) and (iii) the Initial Termination Date, as defined in the Merger Agreement, as may be extended by the Company or Parent View More

Conversion Event. Means the consummation of a Qualified Financing.