Conversion Make-Whole Share Price means, with respect to any conversion, the greater of (a) 150% of the Conversion Price in effect on the applicable Conversion Date, and (b) the average of the Daily VWAPs during the Observation Period for the relevant Conversion Date.
Conversion Make-Whole Share Price means the average of the Daily VWAPs during the Observation Period for the relevant Conversion Date.
Conversion Make-Whole Share Price means, with respect to any conversion, the greater of (x) 130% of the Conversion Price in effect on the relevant Conversion Date and (y) (1) in the case of Physical Settlement, the 20-Day VWAP with respect to the relevant Conversion Date or (2), in the case of Combination Settlement, the average of the Daily VWAPs during the Observation Period for the relevant Conversion Date.
Examples of Conversion Make-Whole Share Price in a sentence
Except as otherwise provided in this Indenture, the Company will be responsible for making all calculations called for under this Indenture or the Notes in good faith, including determinations of the Last Reported Sale Price, the Daily VWAPs, the Conversion Make-Whole Share Price, accrued interest, Default Interest and Additional Interest, if any, on the Notes and the Conversion Rate.
More Definitions of Conversion Make-Whole Share Price
Conversion Make-Whole Share Price means, with respect to any conversion, the greater of (a) 130% of the Conversion Price in effect on the applicable Conversion Date, and (b) the average of the Daily VWAPs during the Observation Period for the relevant Conversion Date.
Conversion Make-Whole Share Price means, (a) with respect to any conversion of a Note or Notes initiated by a Holder pursuant to Section 4.01, the simple average of the ten (10) Daily VWAPs for the ten (10) Trading Day period ending on, and including, the 2nd Trading Day immediately preceding the Conversion Date, and (b) with respect to any Mandatory Conversion, the simple average of the ten (10) Daily VWAPs for the ten (10) Trading Day period ending on, and including, the 2nd Trading Day immediately preceding the Mandatory Conversion Date.