Conversion Rate definition

Conversion Rate shall have the meaning specified in Section 14.01(a).

Conversion Rate initially means 2,702.7027 shares of Common Stock per $1,000 Principal Amount of Notes; Notwithstanding anything to the contrary herein, the Conversion Rate is subject to adjustment pursuant to Section 8 at all times, and whenever this Note refers to the Conversion Rate as of a particular date without setting forth a particular time on such date, such reference will be deemed to be to the Conversion Rate immediately after the Close of Business on such date.

Conversion Rate initially means 6.0118 ADSs per $1,000 principal amount of Notes; provided, however, that the Conversion Rate is subject to adjustment pursuant to Article 5; provided, further, that whenever this Indenture refers to the Conversion Rate as of a particular date without setting forth a particular time on such date, such reference will be deemed to be to the Conversion Rate immediately after the Close of Business on such date.

Examples of Conversion Rate in a sentence

• If a Holder provides such evidence, then the Company will (if acting as Bid Solicitation Agent), or will instruct the Bid Solicitation Agent to, determine the Trading Price of the Notes beginning on the next Trading Day and on each successive Trading Day until the Trading Price per $1,000 principal amount of Notes is greater than or equal to ninety eight percent (98%) of the product of the Last Reported Sale Price per share of Common Stock on such Trading Day and the Conversion Rate on such Trading Day.

• To the extent any dividend or distribution of the type set forth in this Section 5.05(A)(iii)(2) is declared but not made or paid, the Conversion Rate will be readjusted to the Conversion Rate that would then be in effect had the adjustment been made on the basis of only the dividend or distribution, if any, actually made or paid.

• The Company will not engage in or be a party to any transaction or event that would require the Conversion Rate to be adjusted pursuant to Section 5.05(A) or Section 5.07 to an amount that would result in the Conversion Price per share of Common Stock being less than the par value per share of Common Stock.

• The numbers of Additional Shares in the table set forth in Section 5.07(A) will be adjusted in the same manner as, and at the same time and for the same events for which, the Conversion Rate is adjusted pursuant to Section 5.05(A).

• All calculations with respect to the Conversion Rate and adjustments thereto will be made to the nearest 1/10,000th of a share of Common Stock (with 5/100,000ths rounded upward).

More Definitions of Conversion Rate

Conversion Rate has the meaning assigned to such term in the Indenture.

Conversion Rate means the price of USD 1.00 in SEK, as actually traded on the international interbank spot market on the Valuation Date at such point in time at which the Reference Price of the Underlying is determined and published.

Conversion Rate means the relevant conversion rate as determined by Bloomberg Index Services Limited for the Valuation Date and as published on the website http://www.bloomberg.com/markets/currencies/fx-fixings around 2:00 pm (local time Frankfurt am Main) (BFIX).If such a Conversion Rate is not determined or published or if the method of calculating the Conversion Rate changes materially or the time of the regular publication is changed by more than 30 minutes, the Calculation Agent shall specify the Conversion Rate applicable at the time of determination of the Reference Price on the Valuation Date in its reasonable discretion.Exercise Agent shall mean Bank Vontobel AGfor the attention of Corporate Actions Gotthardstrasse 438002 Zurich SwitzerlandTelephone: +41 (0)58 283 74 90Fax: +41 (0)58 283 51 60 Exercise Cut-Off Date shall mean each tenth (10th) Business Day before an Exercise Date.Exercise Dates shall mean the last Business Day in each calender month, commencing as of 31 January 2019.Exercise Time is 00:00 a.m. (local time Copenhagen)Guarantor Vontobel Holding AG, Zurich (the Swiss Guarantor)Governing Law The Securities shall be governed by German Law.Issue Date shall be 15 January 2019.Issue Size (up to) 250,000 SecuritiesMaturity Date shall be the third (3rd) Business Day following the Valuation Date.Minimum Exercise Number 1 SecurityRatio The Ratio shall be expressed as a number and shall amount to 0.075.Reference Price The Reference Price shall be the relevant price of the Underlying for the purpose of determining and calculating the Cash Amount and shall correspond to the index closing value determined and published by the Index Calculation Agent on the Valuation Date.Registry Type Danish Uncertificated SecuritiesSettlement Currency of the Securities shall mean DKK.Termination Cut-Off Date shall be ten (10) Business Days prior to the relevant Termination Date. Termination Date shall mean the last Business Day in each calender month, commencing as of 31January 2019.Underlying 12X Long Index linked to DAX® V4 ISIN Underlying: CH0330587129Currency of the Underlying:Valuation Date: shall meanEUR

Conversion Rate means initially 733.14 shares of Common Stock per $1,000 Principal Amount of Notes, subject to adjustment as set forth herein.

Conversion Rate has the meaning specified in Section 11.1.

Conversion Rate means for each share of Series L Preferred Stock, 6.3814 shares of Common Stock, plus cash in lieu of fractional shares, subject to adjustment as set forth herein.

Conversion Rate means the factor that determines the number of shares or other instruments of ownership into which a liability of a specific class will be converted, by reference either to a single instrument of the class in question or to a specified unit of value of a debt claim;