It is affordable, and you have conversion privileges
Others have revisited the guaranteed purchase and future purchase options by eliminating the flaws associated with past designs and allowing for multiple opt-outs and conversion privileges
If we assume that this conversion privilege
has the same maturity as the debt, then we can simply subtract the value of this option (using the Black-Scholes model) from Equation (3) to obtain the stock value associated with conversion privileges
and relative priority rules:
When making a term life insurance recommendation, agents should consider the issuing company's financial strength, the policy's conversion privileges
, the policy's waiver of premium rider features and the ability of the policy's features to work simultaneously.
Advantage Elite Term Life, which offers fully guaranteed level term protection in an array of durations with conversion privileges
for permanent life insurance;
Investment instruments include subordinate debt with warrants or conversion privileges
and equity securities.
With conversion privileges
and annuities, plus new opportunities with the same clients, well, you get the picture
Company Offers More Competitive Premiums and Improved Conversion Privileges
to Enhance its New Term Series
Holders wishing to exercise conversion privileges
should contact EquiServe Trust Company at the address set forth in the Notice of Redemption or by telephone at (800) 733-5001.
Some of these attributes include conversion privileges
and mandatory conversion rights, whereby a specified percentage of the Bonds can be converted into common shares of Pluris Energy on a year over year basis for up to 100% conversion of the Bonds into common shares of the Company over their five year term.
The debentures are secured only by the common stock subject to the conversion privileges
Generous conversion privileges
-- guaranteed conversion option makes permanent protection available without additional underwriting, even if the policyholder's health deteriorates.