Conversion Trigger Price definition

Conversion Trigger Price means, as of any date of determination, the dollar amount derived by multiplying the Conversion Price in effect on such date by 130%.
View Source
Conversion Trigger Price shall have the meaning specified in Section 15.01(b)(iv).
View Source
Conversion Trigger Price shall have the meaning specified in Section 8.01(c).
View Source

Examples of Conversion Trigger Price in a sentence

  • As promptly as practicable following the Conversion Price Determination Time, the Corporation will promptly file with the Transfer Agent, and cause to be delivered to each holder of Series A Preferred and each holder of Series B Preferred, a certificate signed by the principal financial or accounting officer of the Corporation, setting forth the determination of the initial Conversion Price, the Distributable Market Equity Value Per Share and the Mandatory Conversion Trigger Price.

  • The table below shows the Conversion Trigger Price per share of Common Stock in respect of each Calendar Quarter during the life of the Securities based on the initial Conversion Rate, assuming that no events have occurred that would require an adjustment to the Conversion Rate.

  • In addition, if the Prevailing Unit Price is below the Cashless Conversion Trigger Price and the converting Holder does not elect Cashless Conversion in a Conversion Notice, then the Partnership may, no later than the one Business Day immediately after the date such Conversion Notice is delivered to the Partnership, elect Cashless Conversion (and whether the settlement shall be in the form of the Cash Settlement Amount or the Settlement Units).

  • Conversion Trigger Price: Approximately $18.23, which is 130% of the Initial Conversion Price.

  • The initial Conversion Trigger Price per share is $57.42 (and, assuming the 2003 Stock Split occurs, will be $38.28 assuming no other adjustments have been made since the Issue Date).


More Definitions of Conversion Trigger Price

Conversion Trigger Price shall equal 130% of the Conversion Price. The Conversion Trigger Price will initially equal $12.35 and shall be automatically adjusted whenever the Conversion Price is adjusted as a result of an adjustment in the Conversion Rate pursuant to this Article 10. The Company will determine at the beginning of each calendar quarter commencing at any time after September 30, 2011, whether the Notes are convertible as a result of the price of Common Stock exceeding the Conversion Trigger Price in accordance with Section 10.01(b)(i) and will notify the Conversion Agent and the Trustee.
View Source
Conversion Trigger Price has the meaning set forth in Section 5.01(a).
View Source
Conversion Trigger Price shall equal 130% of the Conversion Price. The Conversion Trigger Price will initially equal $[ • ] and shall be automatically adjusted whenever the Conversion Price is adjusted as a result of an adjustment in the Conversion Rate pursuant to this Article 10. The Company will determine at the beginning of each calendar quarter commencing at any time after August 30, 2007 (through the calendar quarter ending February 28, 2014), whether the Notes are convertible as a result of the price of Common Stock exceeding the Conversion Trigger Price in accordance with Section 10.01(b)(i) and will notify the Company, the Conversion Agent and the Trustee.
View Source
Conversion Trigger Price has the meaning specified in Section 15.01(a)(1). The “Conversion Value” for each $1,000 principal amount of Debentures means the average of the Daily Conversion Values as specified in Section 15.01 for each of the ten consecutive Trading Days of the Conversion Reference Period.
View Source
Conversion Trigger Price. Note – paragraph 7 “Defaulted Interest” 11.02 “Distributed Assets” 10.08(a) “Expiration Date” 10.10 “Expiration Time” 10.10 “Fundamental Change” 3.01(a) “Fundamental Change Purchase Date” 3.01(a) “Fundamental Change Purchase Notice” 3.01(c) “Fundamental Change Purchase Price” 3.01(a) “Initial Purchasers” 2.01 “Legal Holiday” 12.07 “Make-Whole Shares” 10.13(a) “Primary Registrar” 2.03 “Purchased Shares” 10.10 “QIB” 2.01(b) “Reference Period” 10.08(a) “Reference Property” 10.12 “Remaining Shares” 10.01 “Required Cash Amount” 10.01 “Restricted Securities” 2.14 “Rights” 10.23 “Shareholders Rights Plan” 10.23 “Special Record Date” 11.02 “Stock Price” 10.13(b) “Trigger Event” 10.11
View Source
Conversion Trigger Price has the meaning specified in Section 4.01(a)(i).
View Source
Conversion Trigger Price means, with respect to any fiscal quarter, if the Sale Price for at least 20 Trading Days in a period of 30 consecutive Trading Days ending on the last Trading Day of the immediately preceding fiscal quarter is greater than 120% of the Conversion Price on the last day of such preceding fiscal quarter.
View Source