Conversion Rate definition

Conversion Rate shall have the meaning specified in Section 14.01(a).
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.
Conversion Rate initially means 117.2367 shares of Common Stock 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

  • Subject to the limitations of Section (3)(c), at any time or times on or after the Issuance Date, the Holder shall be entitled to convert any portion of the outstanding and unpaid Conversion Amount (as defined below) into fully paid and nonassessable Common Shares in accordance with Section (3)(b), at the Conversion Rate (as defined below).


More Definitions of Conversion Rate

Conversion Rate has the meaning assigned to such term in the Indenture.
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 30 June 2019.Exercise Time is 11:00 a.m. (local time Stockholm)Guarantor Vontobel Holding AG, Zurich (the Swiss Guarantor)Governing Law The Securities shall be governed by German Law.Issue Date shall be 12 June 2019.Issue Size (up to) 100,000 SecuritiesMaturity Date shall be the ninth (9th) Business Day following the Valuation Date.Minimum Exercise Number 1 SecurityRatio The Ratio shall be expressed as a number and shall amount to 0.01.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 Swedish Registered SecuritiesSettlement Currency of the Securities shall mean SEK.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 30June 2019.Underlying 4X Short Index linked to DnB NOR ASA ISIN Underlying: CH0450795346Currency of the Underlying:Valuation Date: shall meanNOK
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, initially, 1,317.70 shares of Common Stock per $1,000 principal amount of this Note, subject to adjustment as provided herein, or in the case of a principal amount or portion of a principal amount that is not a multiple of $1,000, an equivalent pro rata number of shares.
Conversion Rate has the meaning specified in Section 11.01.
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;