Conversion Value definition

Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

Conversion Value means the Fair Market Value of the aggregate number of shares of Common Stock into which a share of ESOP Preferred Stock is convertible.

Conversion Value means the average of the Daily Conversion Values for each of the 40 consecutive Trading Days of the Conversion Reference Period.

Examples of Conversion Value in a sentence

• Determination of the Redemption or Conversion Value The value of the redemption corresponds to the market value of the Guaranteed Investment on the date its value has been determined.

• The Applicable Conversion Value, as so adjusted, shall be readjusted in the same manner upon the happening of any successive Extraordinary Common Stock Event or Events.

• If any event requiring an adjustment under this paragraph occurs during the period that a Conversion Value is calculated hereunder, then the calculation of such Conversion Value shall be adjusted appropriately to reflect such event.

• Except as otherwise provided in this Indenture, the Company will be responsible for making all calculations called for under this Indenture or the Notes, including determinations of the Last Reported Sale Price, the Daily Conversion Value, the Daily Cash Amount, the Daily Share Amount, accrued interest on the Notes and the Conversion Rate.

• Notwithstanding anything herein to the contrary, the Corporation agrees not to enter into any transaction which, by reason of any adjustment hereunder, would cause the current Conversion Value to be less than the par value per share of Common Stock.

More Definitions of Conversion Value

Conversion Value means, for each $1,000 principal amount of Securities, the average of the Daily Conversion Values for each of the twenty consecutive Trading Days of the Conversion Reference Period.

Conversion Value has the meaning specified in Section 12.1(b).

Conversion Value means, on any day, the product of the Sale Price for the Common Stock on such day multiplied by the then-applicable Conversion Rate.

Conversion Value means, at any time, the amount equal to the product of the Sales Price at such time multiplied by the then current Conversion Rate.

Conversion Value means an amount, per $1,000 principal amount of a Note to be converted, equal to the sum of the Daily Conversion Values for each Conversion Settlement Period Trading Day in the Conversion Settlement Period for such conversion.

Conversion Value means an amount determined by multiplying the number of Conversion Shares as to which a value is to be determined by the average of the closing prices of the Common Stock on the principal market or exchange on which the Common Stock is traded for the five days prior to the date as of which a Conversion Value is being determined.

Conversion Value of a Security means, as of any date of determination, the product of the last reported bid price of the Common Stock on that date multiplied by the Conversion Rate of that Security on that date.