Change of Control Conversion Price has the meaning set forth in Section 5.4(c).
Change of Control Conversion Price has the meaning ascribed thereto in Section 2.4(h)(ii);
Change of Control Conversion Price has the meaning provided in Condition 6.2(j). Change of Control Notice has the meaning provided in Condition 6.7.
Examples of Change of Control Conversion Price in a sentence
If a Change of Control shall occur, then, upon any exercise of Conversion Rights where the Conversion Date falls during the Change of Control Period, the Conversion Price solely for the purpose of such exercise (the “Change of Control Conversion Price”) shall be determined as set out below: COCCP=OCP1+CP × ct where: COCCP = means the Change of Control Conversion Price OCP = means the Conversion Price in effect on the relevant Conversion Date CP = means the Conversion Premium, being 20 per cent.
More Definitions of Change of Control Conversion Price
Change of Control Conversion Price means, with respect to a Change of Control Event, an amount equal to the lesser of (i) Conversion Price and (ii) the price per share of the Common Equity of the Issuer implied by the definitive transaction agreement for such Change of Control Event.
Change of Control Conversion Price shall have the meaning given in clause 10.3 (b).
Change of Control Conversion Price means, as of any date of determination, that price which shall be computed as 95% of the arithmetic average of the Weighted Average Price of the Common Shares during each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the delivery of the Change of Control Redemption Notice (such period, the "Change of Control Measuring Period"); provided, however, that if such arithmetic average of the Weighted Average Price during the Change of Control Measuring Period shall yield a price that is less than $1.00, then the Change of Control Conversion Price shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Shares during the Change of Control Measuring Period. Notwithstanding the foregoing, in the event that as a result of the application of the Exchange Cap the Company is unable to issue Common Shares on the applicable date using the Change of Control Conversion Price as calculated pursuant to the foregoing sentence, then the Change of Control Conversion Price shall be the price equal to the arithmetic average of the Weighted Average Price of the Common Shares during each of the five (5) consecutive Trading Days ending on the Trading Day immediately preceding the delivery of the Change of Control Redemption Notice (such price, the "Adjusted Change of Control Conversion Price").
Change of Control Conversion Price means (i) in the case of a Going Private Change of Control or an Other Change of Control, the 5-Day VWAP ending on the Trading Day immediately preceding the issuance of the related Final Change of Control Notice, and (ii) in the case of a Ratings Downgrade Change of Control, the 5-Day VWAP ending on the Trading Day immediately preceding the related Change of Control Effective Date.
Change of Control Conversion Price has the meaning provided in Condition 6(b)(x).
Change of Control Conversion Price means the lower of (1) the lower of (a) the Maximum Conversion Price and (b) 90% of the Market Price of a share of Common Stock on the Business Day immediately preceding the public announcement of the Change of Control transaction and (2) the lower of (c) the Maximum Conversion Price and (d) the Market Price of a share of Common Stock on the Business Day immediately following such public announcement. Any holder who elects to convert such holder's Preferred Stock may immediately prior to the consummation of the Change of Control transaction convert all or a portion of such holder's Preferred Stock (including any fraction of a Share) into the number of shares of Conversion Stock calculated as set forth above. Upon receipt of a notice of conversion, the Company shall effect the immediate conversion into Common Stock (if the holder has requested conversion into Common Stock). If any proposed Change of Control does not occur, all requests for conversion in connection therewith shall be automatically rescinded, or if there has been a material change in the terms or the timing of the transaction, any holder of Preferred Stock may rescind such holder's request for conversion by giving written notice of such rescission to the Company.
Change of Control Conversion Price means the price for each Common Share determined in accordance with the following formula: CP / ( 1 + ( IP * c / t ) ) Where: