Conversion Number definition

Conversion Number means the number, or formula for determining the number, of ordinary Shares into which a Converting Preference Share will convert upon conversion.
Conversion Number shall have the meaning set forth in Section 2.11.
Conversion Number means: where:

Examples of Conversion Number in a sentence

  • The Depositary shall be deemed to have no knowledge of the Conversion Number unless and until it shall have actually received written notice thereof from the Corporation, and shall have no duty or obligation to investigate or inquire as to whether any Conversion Number contained in any such written notice is accurate, or whether it complies with the Certificate of Designations.


More Definitions of Conversion Number

Conversion Number means the number of Employee Shares which are to be the subject of the relevant Conversion Notice, as calculated in accordance with clause 4.1(a) or 4.6 (as appropriate);
Conversion Number at any time means the quotient obtained when the Accumulated Debt at the time is divided by the Conversion Price at the time.
Conversion Number means, with respect to any Class B Unit, one and nine hundredths (1.09) Common Units; provided that such number of Common Units shall be subject to appropriate adjustment pursuant to Section 5.13(i).
Conversion Number means, with respect to any Conversion Event in respect of one or more Units held by a Member, a number of Units equal to (i) the Conversion Amount for such Conversion Event divided by the Conversion Price for such Conversion Event.
Conversion Number as of the applicable Conversion Date, means the number obtained when dividing $1,000 principal amount of Debentures by the Conversion Price, and rounding to four decimal places (which Conversion Number calculated in accordance herewith the Company shall provide in a notice to the Indenture Trustee if required by the Indenture Trustee hereunder);
Conversion Number means initially 134,772 and thereafter shall be subject to adjustment from time to time pursuant to the terms of Section 5 hereof.