Conversion Trigger Price definition

Conversion Trigger Price means, as of any date of determination, the dollar amount derived by multiplying the Conversion Price in effect on such date by 130%.
Conversion Trigger Price shall have the meaning specified in Section 15.01(b)(iv).
Conversion Trigger Price shall have the meaning specified in Section 8.01(c).

Examples of Conversion Trigger Price in a sentence

  • As promptly as practicable following the Conversion Price Determination Time, the Corporation will promptly file with the Transfer Agent, and cause to be delivered to each holder of Series A Preferred and each holder of Series B Preferred, a certificate signed by the principal financial or accounting officer of the Corporation, setting forth the determination of the initial Conversion Price, the Distributable Market Equity Value Per Share and the Mandatory Conversion Trigger Price.

  • An example of how the Optional Conversion right operates is as follows: Thirty (30) consecutive Trading Days occur, and on twenty (20) of such Trading Days, the Per Share Market Value of the Common Stock is greater than the Conversion Trigger Price.

  • If the Company fails to deliver the Conversion Notice on or prior to the Conversion Notice Date, then there must again occur a thirty (30) consecutive day trading period in which there are twenty (20) days where the Per Share Market Value is in excess of the Conversion Trigger Price before the Company may again exercise its Optional Conversion right.

  • The first Trading Day, if any, during the applicable Company Alterative Conversion Period on which the Weighted Average Price of the Common Stock is less than the Company Alterative Conversion Trigger Price shall constitute a "COMPANY ALTERATIVE CONVERSION FLOOR TRIGGER DATE" with respect to such Company Alterative Conversion Period.

  • The Company Alternative Conversion Trigger Price shall be subject to adjustment for any stock dividend, stock split, stock combination or other similar transaction.


More Definitions of Conversion Trigger Price

Conversion Trigger Price shall equal 130% of the Conversion Price. The Conversion Trigger Price will initially equal $12.35 and shall be automatically adjusted whenever the Conversion Price is adjusted as a result of an adjustment in the Conversion Rate pursuant to this Article 10. The Company will determine at the beginning of each calendar quarter commencing at any time after September 30, 2011, whether the Notes are convertible as a result of the price of Common Stock exceeding the Conversion Trigger Price in accordance with Section 10.01(b)(i) and will notify the Conversion Agent and the Trustee.
Conversion Trigger Price has the meaning specified in Section 15.01(a)(1). The “Conversion Value” for each $1,000 principal amount of Debentures means the average of the Daily Conversion Values as specified in Section 15.01 for each of the ten consecutive Trading Days of the Conversion Reference Period.
Conversion Trigger Price shall equal 120% of the Conversion Price. The Conversion Trigger Price will initially equal $84.46 and shall be automatically adjusted whenever the Conversion Price is adjusted as a result of an adjustment in the Conversion Rate pursuant to this Article 10. The Company will determine at the beginning of each calendar quarter commencing at any time after June 30, 2007 (through the calendar quarter ending March 31, 2012) whether the Notes are convertible as a result of the price of Common Stock exceeding the Conversion Trigger Price in accordance with Section 10.01(b)(i) and will notify the Company, the Conversion Agent and the Trustee.
Conversion Trigger Price has the meaning set forth in Section 5.01(a).
Conversion Trigger Price. Note – paragraph 7Defaulted Interest” 11.02 “Distributed Assets” 10.08(a) “Expiration Date” 10.10 “Expiration Time” 10.10 “Fundamental Change” 3.01(a) “Fundamental Change Purchase Date” 3.01(a) “Fundamental Change Purchase Notice” 3.01(c) “Fundamental Change Purchase Price” 3.01(a) “Initial Purchasers” 2.01 “Legal Holiday” 12.07 “Make-Whole Shares” 10.13(a) “Primary Registrar” 2.03 “Purchased Shares” 10.10 “QIB” 2.01(b) “Reference Period” 10.08(a) “Reference Property” 10.12 “Remaining Shares” 10.01 “Required Cash Amount” 10.01 “Restricted Securities” 2.14 “Rights” 10.23 “Shareholders Rights Plan” 10.23 “Special Record Date” 11.02 “Stock Price” 10.13(b) “Trigger Event” 10.11
Conversion Trigger Price shall have the meaning as defined under Section 5.01(a)(1).
Conversion Trigger Price means, as of any date of determination, the dollar amount derived by multiplying the Conversion Price in effect on