Converted Value definition

Converted Value means, with respect to each WEA Share, the Fair Market Value (as defined in the Certificate of Designation), expressed in U.S. dollars, of the WAT Units into which such WEA Share is convertible pursuant to the Deed of Option.
Converted Value means the product of the Average Closing Price multiplied by the Exchange Ratio.
Converted Value shall equal the Rollover Value of the unvested Seagate Options and/or unvested Seagate Restricted Shares actually converted. For purposes of this Agreement, "Applicable Percentage" shall mean, with respect to a Senior Manager who is a Senior Vice President or higher, 50%, and with respect to any other Senior Manager, 25%.

Examples of Converted Value in a sentence

  • The converted value ("Converted Value") shall be represented by one or more Alternative Investments (as hereafter defined) selected by Executive.

  • If, by the end of such thirty-day period, no agreement as to the As Converted Value has been reached, the As Converted Value shall be determined by an appraisal, as provided in Section 2(b) above, the cost of which shall be paid as provided therein.

  • The party whose final estimate is not selected as the As Converted Value shall pay the cost of the appraisal.

  • During the five-day period commencing with its receipt of such notice, BB&T shall have the option, in the case of a failure to satisfy the condition in clause (1), to elect to increase the Exchange Ratio to a number such that the Converted Value is no less than $27.00.

  • On such date, Valoria and CTI shall each submit to the Appraiser a final estimate of the As Converted Value, and, within 60 days of such submission, the Appraiser shall determine which of such two estimates is closer to the As Converted Value as determined by the Appraiser and such closer estimate shall be deemed to be the As Converted Value.

  • Within 30 days after the determination of the As Converted Value, CTI shall pay to Valoria the aggregate purchase price (in cash or CTI Common Stock) indicated in Section 4(c) (the date of such payment being referred to herein as the "Put Closing Date").

  • All disputes, differences, controversies or claims arising in connection with, or questions occurring under, this Agreement shall be settled as provided in Exhibit B, except for the determination of As Converted Value, which shall be conclusively determined as provided for in Section 2.

  • CTI and Valoria shall have 30 days from the Notice Date to agree upon the As Converted Value.

  • If, by the end of such thirty-day period, no agreement as to the As Converted Value has been reached, the As Converted Value shall be determined by an appraisal.


More Definitions of Converted Value

Converted Value means (x) the outstanding Bridge Loan Indebtedness, plus all accrued and unpaid interest thereon, as of the date immediately prior to the Original Issuance Date multiplied by (y) three (3).
Converted Value means the product of the Closing Value multiplied by the Fixed Exchange Ratio of 1.05.
Converted Value means the product of the Closing Value multiplied by an Exchange Ratio of .60. "Determination Date" shall mean the tenth calendar day preceding the date designated by BB&T as the Closing Date. "Index Group" shall mean the 17 bank holding companies listed below, the common stocks of all of which shall be publicly traded and as to which there shall not have been, since the Starting Date and before the Determination Date, any public announcement of a proposal for such company to be acquired or for such company to acquire another company or companies in transactions with a value exceeding 25% of the acquiror's market capitalization. In the event that any such company or companies are removed from the Index Group, the weights (which have been determined based upon the number of shares of outstanding common stock) shall be redistributed proportionately for purposes of determining the Index Price. The 17 bank holding companies and the weights attributed to them are as follows:

Related to Converted Value

  • Stated Value means $1,000 per share of Preferred Stock.

  • Conversion Amount means the sum of the Stated Value at issue.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.