Conversion Threshold definition

Conversion Threshold means 85 per cent;
Conversion Threshold means a price per share of Common Stock equal to $87.9375; provided that if the Conversion Price is adjusted as provided in Section 8.7, the Conversion Threshold on any day shall be the Conversion Threshold determined in accordance with the preceding clause multiplied by a fraction the numerator of which is the Conversion Price immediately following such adjustment and the denominator of which shall be the Conversion Price immediately prior to such adjustment.
Conversion Threshold means 200% of the Conversion Price per ADS.

Examples of Conversion Threshold in a sentence

  • When the Issuer Debt Ratio is at least equal to the Conversion Threshold, the Issuer may (but shall not be obliged to) notify the Trustee that the Secured Notes are to be converted into Unsecured Notes.


More Definitions of Conversion Threshold

Conversion Threshold means a price per share of Common Stock equal to $93.625; provided that if the Conversion Price is adjusted as provided in Section 8.7, the Conversion Threshold on any day shall be the Conversion Threshold determined in accordance with the preceding clause multiplied by a fraction the numerator of which is the Conversion Price immediately following such adjustment and the denominator of which shall be the Conversion Price immediately prior to such adjustment.
Conversion Threshold means, at any given time, the number of duly authorized but unissued shares of Common Stock as shall at that time be sufficient to effect (a) the conversion of all outstanding shares of Series B Preferred Stock and other Convertible Securities, plus (b) the exercise of any Options.
Conversion Threshold means the amount prescribed by regulations for the purposes of this definition;
Conversion Threshold has the meaning set forth in Section 4.14(i) hereof.
Conversion Threshold means thirty percent (30%) or more of the IPO Shares, or fifty percent (50%) or more of the IPO Shares if the secondary charter proposal is approved at the Company's special meeting to obtain stockholder approval.

Related to Conversion Threshold

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Alternate Conversion Price means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, (ii) 70% of the lowest Closing Sale Price of the Common Stock during the twenty (20) consecutive Trading Day period ending and including the date of delivery or deemed delivery of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period.