ElectiveConversionOnConditionTrigger

Type - Elective Conversion on Condition Trigger#

https://raw.githubusercontent.com/Open-Cap-Table-Coalition/Open-Cap-Format-OCF/main/schema/types/conversion_triggers/ElectiveConversionOnConditionTrigger.schema.json

Type representation of elective trigger on fulfillment of a condition.

Data Type: OCF TYPE

Properties:

Property	Type	Description	Required
type	Constant: `ELECTIVE_ON_CONDITION`	Scalar Constant	`REQUIRED`
trigger_id	`STRING`	Id for this conversion trigger, unique within list of ConversionTriggers in parent convertible issuance's `conversion_triggers` field.	`REQUIRED`
nickname	`STRING`	Human-friendly nickname to describe the conversion right	-
trigger_description	`STRING`	Long-form description of the trigger	-
conversion_right	ONE OF the Following Types/Objs: • schema/types/conversion_rights/ConvertibleConversionRight • schema/types/conversion_rights/WarrantConversionRight • schema/types/conversion_rights/StockClassConversionRight	When the conditions of the trigger are met, how does the convertible convert?	`REQUIRED`
trigger_condition	`STRING`	Legal language describing what conditions must be satisfied for the conversion to take place (ideally, this should be excerpted from the instrument where possible)	`REQUIRED`

Source Code: schema/types/conversion_triggers/ElectiveConversionOnConditionTrigger