Applicable Conversion Period definition

Applicable Conversion Period means, with respect to a conversion of Securities, the 10 consecutive Trading Day period commencing on the third Trading Day following the date the Securities are tendered for conversion.
Applicable Conversion Period means, with respect to a conversion of Notes, the 10 consecutive Trading Day period commencing on the third Trading Day following the date the Notes are tendered for conversion.
Applicable Conversion Period means, with respect to a conversion of Notes, the 20 consecutive Trading-Day period commencing on the third Trading Day following the date the Notes are tendered for conversion.

Examples of Applicable Conversion Period in a sentence

  • The Company may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Shares, and any portion of the Net Amount the Company elects to deliver in Common Shares (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.

  • The Issuer may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Shares, and any portion of the Net Amount the Issuer elects to deliver in Common Shares (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.

  • For the purposes of Sections 4.13(a) and (b), in the event that any of Conversion Value, Net Amount, Daily Share Amounts or Average Price cannot be determined for all portions of the Applicable Conversion Period, the Company’s Board of Directors shall in good faith determine the values necessary to calculate the Conversion Value, Net Amount, Daily Share Amounts and Average Price, as applicable.

  • The Company may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Company Common Shares, and any portion of the Net Amount the Company elects to deliver in Company Common Shares (the “Net Shares”) shall be the sum of the Daily Share Amounts (calculated as described below in this paragraph (b)) for each Trading Day during the Applicable Conversion Period.

  • If the Issuer has elected a Cash Settlement with respect to any Notes tendered for conversion, the Issuer shall deliver, for each $1,000 principal amount of Notes, a cash payment equal to the sum of the Daily Conversion Values for each Trading Day during the relevant Applicable Conversion Period.

  • The Company must notify such Financial Institution of the Applicable Conversion Period for such Debentures.

  • The Conversion Value, Principal Return and number of Net Shares shall be determined by the Company promptly following the last day of the Applicable Conversion Period.

  • If the Issuer has elected or is deemed to have elected a Combination Settlement with respect to any Notes tendered for conversion, the Issuer shall deliver, for each $1,000 principal amount of Notes, the sum of the Daily Settlement Amounts for each Trading Day during the relevant Applicable Conversion Period.

  • The Company may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or shares of Common Stock, and any portion of the Net Amount the Company elects to deliver in shares of Common Stock (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.

  • The Issuer shall make such payment on the third Business Day following the last day of the Applicable Conversion Period.


More Definitions of Applicable Conversion Period

Applicable Conversion Period means the 10 consecutive Trading Day periods commencing after the second Trading Day following the date the Debentures are tendered for conversion.
Applicable Conversion Period means the 10 consecutive Trading-Day period commencing on the third Trading Day following the date the Securities are tendered for conversion. The “average price” is equal to the average of the closing sale prices of Common Shares for each Trading Day in the applicable conversion period.
Applicable Conversion Period means the 40 consecutive Trading Day period (1) with respect to conversion notices received during the period beginning on, and including, the 45th Scheduled Trading Day immediately preceding the Stated Maturity and ending on, and including, the second Scheduled Trading Day immediately preceding the Stated Maturity, beginning on, and including, the 42nd Scheduled Trading Day immediately preceding the Stated Maturity; and (2) in all other cases, beginning on, and including, the third Trading Day following the Conversion Date.
Applicable Conversion Period means, with respect to any Note:
Applicable Conversion Period has the meaning set forth in Section 12.13(a).
Applicable Conversion Period means, in connection with any Debentures surrendered for conversion, the ten consecutive Trading Day period commencing after the third Trading Day following the date the Debentures are tendered for conversion, subject to Section 15.01(d).