Sentence examples for conversion rights from inspiring English sources
3. Check conversion rights.
When bondholders exercise conversion rights, the company's debt ratio is reduced because bonds are replaced by stock.
If they do not wish to convert, they can sell the conversion rights on the market, and a group of Swedish investors have offered to buy them, Ericsson said.
The new legislation goes beyond existing conversion rights, allowing developers to raze buildings and build new homes without planning permission – sparking fears of an imminent deluge of unregulated development.
In a hedged and somewhat convoluted policy announcement, it indicated that the government would consider exercising the conversion rights on the preferred shares only after the banks failed to pay dividends for two consecutive years.
When the shares were issued in the 1990's, the banks saw little risk in the conversion rights because, for all their problems, they were still generating enough operating profits to pay dividends on the government-held shares each year.
"It's always been a dream of mine to kick a conversion right-footed.
"We simply cannot finance the conversion right now," said John Fithian, the new president of the theater owners' association.
In theatrical terms, it is much stronger if Scrooge fights and resists his conversion, right up to the moment of seeing his own gravestone.
Howard Street, a hidden enclave a half block north of Canal between Mercer and Center Streets, is still home to plenty of Chinatown businesses Muehling's neighbors include Happy Bride and the Canal Golden Mall but, then again, there's also that Sotheby's International Realty sign looming over the co-op conversion right next door.
Howard Street, a hidden enclave a half block north of Canal between Mercer and Center Streets, is still home to plenty of Chinatown businesses — Muehling's neighbors include Happy Bride and the Canal Golden Mall — but, then again, there's also that Sotheby's International Realty sign looming over the co-op conversion right next door.
