Not exact matches
The new contracts will continue the expansion of the unlisted
company, which in February raised $ 900,000 via the exercise of
options and
conversion of convertible notes to support its growth.
King River has capitalised on its soaring share price by locking in sophisticated investors to underwrite the
conversion of 60 million
options, ensuring that at least $ 6 million in new capital will flood the
company's coffers by June.
It does not discuss all aspects of U.S. federal income taxation that may be relevant to particular holders in light of their particular circumstances or to holders subject to special rules under the Code (including, but not limited to, insurance
companies, tax - exempt organizations, financial institutions, broker - dealers, partners in partnerships (or entities or arrangements treated as partnerships for U.S. federal income tax purposes) that hold HP Co. common stock, pass - through entities (or investors therein), traders in securities who elect to apply a mark - to - market method of accounting, stockholders who hold HP Co. common stock as part of a «hedge,» «straddle,» «
conversion,» «synthetic security,» «integrated investment» or «constructive sale transaction,» individuals who receive HP Co. or Hewlett Packard Enterprise common stock upon the exercise of employee stock
options or otherwise as compensation, holders who are liable for the alternative minimum tax or any holders who actually or constructively own 5 % or more of HP Co. common stock).
The Series A Preferred shall also be convertible into any future series of Preferred Stock (the «Future Preferred») under either of the following circumstances: (a) if such
conversion is approved by the Board or (b) if such
conversion is in connection with a future Preferred Stock equity financing in which the
Company's fully diluted pre-money valuation is greater than the
Company's fully diluted post-money valuation immediately following the Series A Financing contemplated by this term sheet (a «Future Financing»), in either case, on a one - for - one basis (subject to anti-dilution adjustment) at the
option of the holder; provided however, if such
conversion is in connection with a Future Financing, that the holder may convert into shares of Future Preferred only in the event that all of such shares of Future Preferred received by the holder upon
conversion are sold to an Approved Investor (as defined below) no later than 90 days following the first closing of the Future Financing at a price per share no lower than the price per share at which the
Company sells shares of such Future Preferred in the Future Financing and, provided further, that such Approved Investor is not an affiliate, family member, or related party of the holder.
From the most basic of uploading and distribution
options all the way up to more involved features like formatting and cover design, authors — and
companies that need content
conversion and distribution services — can take advantage of tiered levels of support.
Discount brokerages that do not offer clients the
option to have US dollar accounts will usually charge currency
conversion fees on transactions that take place in US dollars (for example if a client buys shares of a
company from a US listed exchange).
Most of the life insurance
companies Quotacy works with include the term
conversion option automatically on their life insurance products.
However, nearly every life insurance
company offers the
option of
conversion to a whole life insurance policy with several times the amount of coverage.
Insurance
companies that provide the
conversion option with their term policies will provide at least one permanent product to convert to.
The
company offers two different
conversion options: «Basic» and «Plus».
Though we don't yet have any information about when
conversion options will be available to individuals, when they do (from for - profit
companies such as EnergyCS, not directly from The California Cars Initiative, which is nonprofit), we expect they will be installed kits, with some kind of warranty for the components, but we do expect the
conversion will void some or part of your Toyota warranty.
Most
companies have a
conversion option included in the policy for free.
Voya's liberal age underwriting is unique because most
companies offer
conversion options for individuals until the age of 65.
One strategy is to buy term life insurance with a
company that has good
conversion options and historically has good permanent products that you can convert to if you want to in the future.
If you think you might want to convert at some point you'll want to understand how the insurance
company's
conversion options work.
Some insurance
companies reduce your
conversion options after a certain number of years.
Insurance
companies that provide the
conversion option with their term policies will provide at least one permanent product to convert to.
Having the
conversion option could make the policy more expensive but some
companies life William Penn, Banner Life and MetLife policies include the right to convert without additional costs.
Companies have their own
conversion options and rate charts, and the language is not standardized from one policy to another.
A good agent will be knowledgeable about the
conversion options available from different
companies and different policy types.
Depending on the
company and policy coverage rules, most life insurance policy
conversion options are terminated or discontinued after age 70.
So, if you have the
conversion option and you are uninsurable for life insurance with another
company, your exisiting
company will allow you to exchange your term policy for a new plan of insurance usually offering a level rate without proof of health.
Some
companies do not offer a
conversion option (all of the cheap life insurance
companies in our list above include a
conversion option).
Each life insurance
company has different rules regarding when you are eligible to convert, but having a term
conversion option is advantageous because you can convert the term policy without a new medical exam and your rate is determined based on the health rating you got when you purchased the term life policy.
This would come into play if your term life insurance
company didn't have very good
conversion options OR the
companies that allow external term
conversions.
That's why it is important to know what the
conversion options are and what the
company practices are regarding which policies they allow you to convert to.
This
option varies from
company to
company and there are only a few life insurance
companies that offer competitive
conversion options on their term life insurance policies.
It may be better for you to pay a few extra dollars per month with a
company that has better
conversion policies available on their term insurance versus one that has limited
conversion options.
Most of the life insurance
companies Quotacy works with include the term
conversion option automatically on their life insurance products.
At Rootfin, we always recommend the lowest priced term carrier with strong financial ratings and good
conversion options and we recommend ING more often than any other
company.
There are other policy
options as well, including one for return of premium, as well as a term
conversion option that allows the
company's term life insurance policy holders with additional flexibility as their policy ages.
Make sure the term
company you're applying with has a
conversion option if you're interested in future coverage.
Each life insurance
company has different rules regarding when you are eligible to convert your policy to permanent coverage, but having a term
conversion option is a major advantage because you can convert the term insurance policy without a new medical exam and your rate is determined based on the health rating you got when you purchased the term life policy, not your current health.
Ask about the
company's
conversion - privilege
options for term life insurance.
Did you happen to compare Prudential's
conversion GUL
options with other
companies since you're in excellent health?
However, you may want to consider term life with a
conversion option from among the best whole life
companies so that you can always covert to a permanent policy down the road.
Many
companies offer a
conversion option that you can secure without going through underwriting.
The
company offers two different
conversion options: «Basic» and «Plus».
Some insurance
companies intentionally design term life insurance policies to have terrible
conversion options by only offering an overpriced permanent policy which limits their exposure to future adverse risk.
Thankfully, many term life insurance
companies offer a
conversion option.
The nice thing about term life insurance is that most
companies have a
conversion rider that you can add, meaning that you will have the
option to convert your policy to permanent coverage later on in life without having to retake a medical exam.
However, nearly every life insurance
company offers the
option of
conversion to a whole life insurance policy with several times the amount of coverage.
For example, although there are
companies that break from the mold, the average
company seems to require that the policy's
conversion option be exercised somewhere around 65 to 75 years of age.
You should learn as much as you can about the
company's
conversion options and privileges for term life insurance.
Not all level term policies offer this
conversion option; some insurance
companies have two level term products, one with and one without this feature.
When
companies ask for certain products to be excluded from
conversion options do they provide the NAIC mortality statistics to justify the change?
Another factor when looking at term rates, is the
conversion options of the
company.
Do the insurance
companies that you are looking at have good
conversion options.
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For those couples that are carrying term policies with
companies that allow couple
conversion to second to die estate preservation insurance, contact the
company and insist that they let you know of any changes in that
option while they still have access to the
option they bought and believed would be there as long as they needed it.