Reference Conversion Rate definition

Reference Conversion Rate means a conversion rate equal to 43.4027 shares of the Common Stock per $1,000 principal amount of Debentures, adjusted in the same manner as and as of any date on which the Conversion Rate is adjusted as set forth in Section 8.04. Notwithstanding anything in this Indenture to the contrary, in no event shall the Conversion Rate be increased to more than 43.4027 shares of Common Stock per $1,000 principal amount of Debentures pursuant to the events described in this Section 8.03, subject to adjustment in the same manner as the Conversion Rate pursuant to Section 8.04.
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Reference Conversion Rate has the meaning specified in Section 8.03(b).
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Reference Conversion Rate means a conversion rate equal to 29.2226 shares of the Common Stock per $1,000 principal amount of Debentures, adjusted in the same manner as and as of any date on which the Conversion Rate is adjusted as set forth in Section 8.04. Notwithstanding anything in this Indenture to the contrary, in no event shall the Conversion Rate be increased to more than 29.2226 shares of Common Stock per $1,000 principal amount of Debentures pursuant to the events described in this Section 8.03, subject to adjustment in the same manner as the Conversion Rate pursuant to Section 8.04.
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Examples of Reference Conversion Rate in a sentence

  • The Parties agree that the value of the Galapa Land (or such interests of such Galapa PA) to be contributed by TI to VAH shall be US$10,900,000, which amount shall be converted for purposes of Section 3.03(c) using the Reference Conversion Rate.


More Definitions of Reference Conversion Rate

Reference Conversion Rate shall have the meaning assigned to such term in Section 3.01(a)(iii).
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Related to Reference Conversion Rate

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).