Relevant Conversion Rate definition

Relevant Conversion Rate means the price of EUR 1.00 in USD, as actually traded on the international interbank spot market on the Valuation Date at such point of time at which the Reference Price of the Underlying is determined and published
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Relevant Conversion Rate means the price of EUR 1.00 in USD, as actually traded on the international interbank spot market on the Valuation Date at such point of time at which the Reference Price of the Underlying is determined and published. The "Strike" shall change on each calendar day between the Launch Date and the relevant Valuation Date. The Strike on a calendar day ("T") shall correspond to the Strike on the preceding calendar day ("T-1"), plus the Adjustment Amount applicable on T-1. On each Adjustment Date the Strike will be equal to the Strike of the previous calendar day plus the Adjustment Amount being recalculated on such Adjustment Date. The Strike on the Launch Date shall correspond to the strike as set out in the Table of Product Details. The respective Strike shall in each case be published on the Issuer's website atwww.warrants.commerzbank.com.
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Relevant Conversion Rate means the [ask][●] price for EUR 1.00 in [USD] [CHF] [JPY] [•], as quoted on the International Interbank Spot Market (the "EUR/[USD] [CHF] [JPY] [•] Spot Rate") and published on [Reuters page •] [Bloomberg page •] [•] or its successor page published by the Issuer according to § 6 on the Valuation Date at or about the time the Reference Price of the relevant Share is published.
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Examples of Relevant Conversion Rate in a sentence

  • Massgeblicher Umrechnungskurs / Relevant Conversion Rate: Der Massgebliche Umrechnungskurs entspricht dem relevanten Kurs, der von der Berechnungsstelle nach billigem Ermessen festgelegt wird.

  • Massgeblicher Umrechnungskurs / Relevant Conversion Rate: Der Massgebliche Umrechnungskurs entspricht dem relevanten Kurs, der von der Berechnungsstelle nach billigem Ermessen festlegt wird.

  • Any currency conversion required pursuant to this §3 shall be made at the Relevant Conversion Rate if Quanto Conversion is specified as "Not applicable" in the Product Data Table, otherwise the conversion is performed on the following basis: one unit of the Underlying Currency corresponds to one unit of the Issue Currency ( quanto).

  • Dollar ("USD")] [Japanese Yen ("JPY")] [• ("•")] [•] [and converted into EUR] by which the Reference Price exceeds the Strike Price (in the case of CALL Warrants) or is exceeded by the Strike Price (in the case of PUT Warrants).[The conversion into EUR shall be made at the Relevant Conversion Rate.] "Expiry Date"Subject to an early termination pursuant to § 5, the Expiry Date for Warrants of each respectiveseries shall be as set forth in the table below.


More Definitions of Relevant Conversion Rate

Relevant Conversion Rate means the Relevant EUR/JPY-Rate on the Valuation Date.
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Relevant Conversion Rate means the Reference Price on the Valuation Date.
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Relevant Conversion Rate means the rate actually traded on the International Interbank Spot Market for EUR 1.00 in the Underlying Currency on the Valuation Day at the time the Reference Price is determined.
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Relevant Conversion Rate means [[EUR][currency] 1,00 / [USD][currency] 1,00.]] [[⚫] on [⚫] as published by [⚫] on page [⚫]] or the rate indicated in the relevant Final Terms].
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Relevant Conversion Rate means the price of EUR 1.00 in USD, as actually traded on the international interbank spot market on the Valuation Date at such point of time at which the Reference Price of the Index is determined and published. 3. In order to validly call the Certificates for redemption with respect to a Redemption Date the Certificateholder is obliged to instruct the account holding bank to
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Relevant Conversion Rate means [in case of non quanto][the price of [EUR] [[currency]] 1.00 in [USD] [[foreign currency]], as actually traded on the international interbank spot market on the Valuation Date at such point of time at which the Reference Price of the Underlying is determined and published.] [in case of quanto][a conversion rate equal to [EUR] [[currency]] 1.00 = [USD] [[foreign currency]] 1.00.
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Related to Relevant Conversion Rate

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 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 10 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 after the Interest Payment Date.

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • 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.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

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

  • Alternate Conversion Price means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the greater of (x) the Floor Price and (y) 80% of the lowest VWAP of the Common Stock during the five (5) consecutive Trading Day period ending and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period.

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

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

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

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

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

  • 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.

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Judgment Conversion Date as defined in subsection 10.8(a).