Conversion Basis definition

Conversion Basis means, at any relevant time, the number of Common Shares which may be obtained upon the conversion of this Debenture pursuant to Section 5.1, as adjusted up to that time in accordance with Section 5.4;

Conversion Basis means $4.0 million.

Conversion Basis means 6.25 shares of Common Stock for each Series 1 Share converted, subject to adjustment as provided herein;

Examples of Conversion Basis in a sentence

• Conversion Basis: 32 cubic feet per short ton; 62.4 pounds per cubic foot.

• Each share of Series B Preferred shall be convertible, at the option of the holder(s), on the Conversion Basis in effect at the time of conversion.

• At any time after the Company first issues the Series B Preferred and while any of the shares of Series B Preferred remain outstanding, if the Company shall effect a subdivision or combination of the Common Stock subject to the Protective Provisions (as defined below), the Conversion Basis then in effect immediately before that subdivision or combination shall be proportionately adjusted.

• Each share of Class A Convertible Preferred Stock shall be convertible, at the option of the holder(s), on the Conversion Basis (as set forth below) in effect at the time of conversion.

• Each share of Series A Preferred shall be convertible, at the option of the holder(s), on the Conversion Basis (as set forth below) in effect at the time of conversion.

More Definitions of Conversion Basis

Conversion Basis means one Common Share for each U.S. $0.47 principal amount ------------------ of the Note if the Note is converted after the date of issue until on or before 4:30 p.m. (Calgary time) on March 26, 1999, or one Common Share for each U.S. $0.52 principal amount of the Note if the Note is converted thereafter until on or before 4:30 p.m. (Calgary time) on March 26, 2000;

Conversion Basis means $10.0 million.

Conversion Basis means 6.25 Common Shares for each Series 1 Share converted, subject to adjustment as provided herein;

Conversion Basis has the meaning attributed to it in section 5.1.

Conversion Basis at any time shall mean the number of Common Shares of the Corporation into which at such time Special Shares shall be converted in accordance with the provisions of this Schedule "A";

Conversion Basis means that for each $1 of Series 1 Redemption Amount associated with the Series 1 Shares converted, the holder thereof shall be entitled to $1 of Common Shares based on the weighted average trading price per share for Common Shares for the 20 consecutive trading days ending on February 28, 1997 on The Montreal Exchange and on The Toronto Stock Exchange.

Conversion Basis means one Share is valued at U.S. $_____________________.