Sentence examples for conversion privileges from inspiring English sources
It is mighty tempting for a PIPE buyer to double-cross the company it is investing in by shorting the company's stock and using the conversion privileges with the PIPE investment to cover its short position.
Although a preferred issue has no maturity date, it may be given redemption terms much like those of a bond, including a conversion privilege and a sinking fund.
While the conversion privilege is out of the money right now, it's good for 30 years.
The preferred trades at $36, giving an 8.3% yield with no time limit on the conversion privilege.
White converts "lose their white privilege on conversion" and basically the whole thing is chronically misunderstood.
Tenants who were rent-regulated on the date of co-op conversion must continue to enjoy the same rights and privileges that they had on the conversion date, Mr. Shmulewitz said.
In the case of Chikkamagaluru district, Somasekhara noted that "the Government may enquire and withdraw the privileges to every people who is indulging or getting converted in such illegal activities of conversions commercially".
