Applicable Conversion Price definition

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

Applicable Conversion Price as of any date of determination means the Conversion Price in effect as of such date of determination or, if no Notes are then outstanding, the Conversion Price that would be in effect were Notes then outstanding.

Applicable Conversion Price at any given time means, for each share of Series L Preferred Stock, the price equal to $1,000 divided by the Applicable Conversion Rate in effect at such time.

Examples of Applicable Conversion Price in a sentence

• Such initial Applicable Conversion Price shall be adjusted from time to time in accordance with this Section B.4. All references to the Applicable Conversion Price in respect of any series of Preferred Shares herein shall mean the Applicable Conversion Price relating to such series of Preferred Shares so adjusted.

• The conversion rate in effect at any time for conversion of any series of Preferred Shares (the “Applicable Conversion Rate”) shall be the quotient obtained by dividing the Applicable Original Issue Price applicable to such series of Preferred Shares by the Applicable Conversion Price relating to such series of Preferred Shares.

• Whenever the Applicable Conversion Price or the 125% Conversion Price is adjusted pursuant to any provision of this Section 7, the Corporation shall promptly deliver to each Holder by facsimile or email a notice setting forth the Applicable Conversion Price or the 125% Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

• The Company will also intimate Applicable Conversion Price to all warrant holders by Post within 7 working days of every month during the Warrant Conversion Period.

• On or after March 15, 2013, the Corporation may, at its option, at any time or from time to time, cause some or all of the Series L Preferred Stock to be converted into shares of Common Stock at the Applicable Conversion Rate if, for 20 Trading Days during any period of 30 consecutive Trading Days, including the last Trading Day of such period, the Closing Price of the Common Stock exceeds 130% of the Applicable Conversion Price of the Series L Preferred Stock.

More Definitions of Applicable Conversion Price

Applicable Conversion Price at any given time means the price equal to $1,000 divided by the Applicable Conversion Rate in effect at such time.

Applicable Conversion Price. The Applicable Conversion Price as of any date of determination means the Applicable Principal Amount per $1,000 principal amount at maturity of Debentures as of such date of determination divided by the Conversion Rate in effect as of such date of determination or, if no Debentures are then outstanding, the Conversion Rate that would be in effect were Debentures then outstanding.

Applicable Conversion Price means, as of any date of determination, $1,000 divided by the Conversion Rate then in effect as of the date of determination or, if no Notes are then outstanding, the Conversion Rate that would be in effect were Notes then outstanding.

Applicable Conversion Price has the meaning specified in Section 13.01.

Applicable Conversion Price has the meaning contained in Section 3.1(b).

Applicable Conversion Price means, as of any date of determination, the Applicable Principal Amount per $1,000 principal amount at maturity of Securities as of such date of determination divided by the Conversion Rate in effect as of such date of determination or, if no Securities are then outstanding, the Conversion Rate that would be in effect were Securities then outstanding.

Applicable Conversion Price means, at the time any determination thereof is to be made, $1,000 divided by the Applicable Conversion Rate, rounded to the nearest 1/10th of a cent.