Conversion Floor definition

Conversion Floor shall have the meaning set forth in Section 5(e).
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Conversion Floor means EUR 1,644,107,434
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Conversion Floor means EUR [___].2
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Examples of Conversion Floor in a sentence

  • If a different aggregate number of Plan Shares will be issued, then this Term Sheet (including the calculation of the Preferred Conversion Price and the amounts of the Preferred Conversion Floor and Preferred Conversion Cap, each as defined below) shall be revised accordingly.

  • If the Noteholder converts any portion of the Convertible Note at a price below the Floor Price of $0.03, the Company may at its election ( Conversion Floor Payment Notice) within three business days of receiving the relevant Conversion Notice elect to pay that conversion in cash instead of Shares plus a 2.5% premium.

  • For the consequentialists as for the teleologists, the proper way for an agent to respond to any recognized values is to promote them.

  • Given that the maximum nominal amount of the issuance amounts to seven hundred and fifty million euros (€750,000,000), assuming a Conversion Floor Price of two euros and fourteen cents (€2.14) per share, the maximum number of shares to be issued, if any, would be three hundred and fifty million four hundred and sixty-seven thousand two hundred and eighty-nine (350,467,289) common shares (the "Maximum Number of Shares"), assuming that no anti-dilution adjustment is made.

  • The Chair noted that, with regard to the suggestion made by the Delegations of Australia and the United States of America, the Standing Committee could entrust the Secretariat with the task of finding the appropriate wording, as well as the proper place for the provision in the draft to be submitted for the next meeting of the SCT.

  • Original Drawing Size A3 Existing Ground Floor Plan Scale 1:100 @ A3 Existing First Floor Plan Scale 1:100 @ A3 Drawing: Loft Conversion Floor Plans Existing Date: 08/09/2021 Drawing Number: 1274 - 01 Revision: - Scale: 1:100 @ A3 Drawn: G.J.O. Checked: S.W. This drawing is the copyright of Essan-K Planning Ltd and must not be reproduced or used without permission.

  • Under no circumstances may the Conversion Floor Price be less than one euro thirty-six cents (€1.36) per share.

  • Furthermore, a Conversion Floor Price will be set as a result of the accelerated bookbuild process, which will have a minimum also set and indexed to the market price of the Bank's shares (in this case, two thirds of the closing price of the CaixaBank share on the day before the date of setting the final terms and conditions of the issuance (pricing)).

  • The Conversion Floor Price will be equivalent to two thirds of the closing price of the CaixaBank share on the day immediately preceding the date on which the final terms and conditions of the transaction are set (pricing) and will be determined by persons expressly authorised for that purpose in accordance with section 6 of the Board of Directors resolution.

  • In accordance with the proposed conversion terms and methods, existing shareholders will not lose any economic value by disapplying the pre-emptive subscription right, since the proposed mechanism for setting the conversion price is such that the shares needed to meet the conversion of the Preferred Securities will be issued at their market value (by linking them to the Bank's share price) or at a higher value (if the Conversion Floor Price applies).


More Definitions of Conversion Floor

Conversion Floor means $0.05, subject to adjustment as set forth in Section 7 above.
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Conversion Floor means an amount equal to $1.00 until the First Reset Date, $0.50 until the Second Reset Date, and none thereafter.
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Conversion Floor means EUR [___].8
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Conversion Floor has the meaning specified in Section 12.5(e).
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Related to Conversion Floor

  • Conversion building means a building that at any time before creation of the common interest community was occupied wholly or partially by persons other than purchasers and persons who occupy with the consent of purchasers.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Conversion condominium means a condominium containing structures which before the recording of the declaration, were wholly or partially occupied by persons other than those who have contracted for the purchase of condominium units and those who occupy with the consent of such purchasers.

  • Conversion Factor means 1.0, provided that in the event that the General Partner (i) declares or pays a dividend on its outstanding REIT Shares wholly or partly in REIT Shares or makes a distribution to all holders of its outstanding REIT Shares wholly or partly in REIT Shares, (ii) subdivides its outstanding REIT Shares, or (iii) combines its outstanding REIT Shares into a smaller number of REIT Shares, the Conversion Factor shall be adjusted by multiplying the Conversion Factor by a fraction, the numerator of which shall be the number of REIT Shares issued and outstanding on the record date for such dividend, distribution, subdivision or combination (assuming for such purposes that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of REIT Shares (determined without the above assumption) issued and outstanding on such date and, provided further, that in the event that an entity other than an Affiliate of the General Partner shall become General Partner pursuant to any merger, consolidation or combination of the General Partner with or into another entity (the “Successor Entity”), the Conversion Factor shall be adjusted by multiplying the Conversion Factor by the number of shares of the Successor Entity into which one REIT Share is converted pursuant to such merger, consolidation or combination, determined as of the date of such merger, consolidation or combination. Any adjustment to the Conversion Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event; provided, however, that if the General Partner receives a Notice of Redemption after the record date, but prior to the effective date of such dividend, distribution, subdivision or combination, the Conversion Factor shall be determined as if the General Partner had received the Notice of Redemption immediately prior to the record date for such dividend, distribution, subdivision or combination.

  • Conversion therapy means any practice or treatment as defined in § 54.1-2409.5 A of the Code of Virginia.

  • Conversion Plan shall have the meaning given to such term in Section 2.05 of this Agreement.

  • Major conversion means a conversion of an existing ship:

  • 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.

  • Mandatory Conversion Notice has the meaning set forth in Section 4.7.C hereof.

  • 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:

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

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

  • Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.

  • Mandatory Conversion shall have the meaning set forth in Section 6.

  • Forced Conversion Notice has the meaning set forth in Section 4.05(c) hereof.

  • Conversion Notice has the meaning specified in Section 4.02(b).

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Conversion Request means a request, substantially in the form of Exhibit B, by the Borrower to convert the interest rate basis for all or portions of outstanding Loans, which shall specify (a) the requested Conversion Date, which shall be not fewer than three Business Days after the date of such Conversion Request, (b) the aggregate amount of such Loans, on and after the Conversion Date, which are to bear interest as ABR Loans or Eurodollar Loans and (c) the term of the Interest Periods therefor, if any.

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

  • Continuation/Conversion Notice means a notice of continuation or conversion and certificate duly executed by an Authorized Officer of the Borrower, substantially in the form of Exhibit C hereto.

  • 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.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

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

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

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.

  • Forced Conversion has the meaning set forth in Section 4.05(c) hereof.