Examples of Conversion Payment in a sentence
The amount of the First Payment, Cash Back Amount and Conversion Cash Back / Conversion Payment will vary accordingly from time to time.Factors that affect the First Payment, Cash Back Amount and Conversion Cash Back / Conversion Payment may include the market price of the shares, price volatility, interest rates, dividends and time to expiry and it is difficult to predict the exact effect that these factors may have.
This is because the amount of the First Payment or Cash Back Amount or Conversion Cash Back / Conversion Payment will depend on a variety of factors at the time of the Application, including the market price of the relevant Series of Underlying Entities’ Shares, the volatility of that price and the time to the Expiry Date.
Below is a table which illustrates how a change in these factors may affect the First Payment, Cash Back Amount and Conversion Cash Back / Conversion Payment.
Each Eligible Policyholder (or its Designee) shall receive a cash payment in an amount equal to the applicable Conversion Payment.
Method of Exercise or Conversion; Payment; Issuance of New Warrant.