Conversion Premium means One Hundred Twenty-Five Percent (125%).
Conversion Premium means the quotient obtained by dividing (x) the Conversion Price in effect as of the applicable date of determination, by (y) the arithmetic average of the ten (10) Weighted Average Prices of the Common Stock on each Trading Day during the ten (10) consecutive Trading Days immediately preceding the applicable date of determination. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination, reclassification or other similar transaction during such period.
Conversion Premium for each portion of Warrant means the Purchase Price, multiplied by the product of (i) the applicable Premium Rate, and (ii) the number of whole years between the Issuance Date and the Warrant Maturity Date.
Examples of Conversion Premium 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 Conversion Premium
Conversion Premium for each share of Series C Preferred Stock means the Face Value, multiplied by the product of (i) the applicable Dividend Rate, and (ii) the number of whole years between the Issuance Date and the Dividend Maturity Date.
Conversion Premium means $0.2247.
Conversion Premium for each portion of Debenture means the Face Value, multiplied by the product of (i) the applicable Interest Rate, and (ii) the number of whole years between the Issuance Date and the Interest Maturity Date.
Conversion Premium with respect to any issuance of MEDS, shall be equal to the quotient of (i) the Threshold Appreciation Price less the Initial price, divided by (ii) the Initial Price.
Conversion Premium means 115%.
Conversion Premium shall have the meaning described in Section 7(f).
Conversion Premium means 20.00 per cent.