Current Conversion Price definition

Current Conversion Price means the Conversion Price immediately before the occurrence of any event, which, pursuant to Section 2.5.4(c), causes an adjustment to the Conversion Price.
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Current Conversion Price. The term "Current Conversion Price" means the Conversion Price as most recently adjusted pursuant to Section 3.06.
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Current Conversion Price means the Conversion Price as most recently adjusted pursuant to Section 3.06.
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Examples of Current Conversion Price in a sentence

  • Current Conversion Price: The term "Current Conversion Price" means the Conversion Price as most recently adjusted pursuant to Section 6.06.

  • No adjustment of the Current Conversion Price for Preferred Stock, however, shall be made in an amount less than $1.00 per share, but any lesser adjustment shall be carried forward and shall be made at the time of and together with the next subsequent adjustment which, together with any adjustments so carried forward, shall amount to $1.00 per share or more.

  • In case at any time the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the current Conversion Price in effect immediately prior to such subdivision shall be proportionately reduced and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Current Conversion Price in effect immediately prior to such combination shall be proportionately increased.

  • If this Debenture is being converted in part only, then the Current Conversion Price shall relate to the Debenture to the extent that principal and interest is converted, and the Current Conversion Price for any subsequent conversion shall be determined in accordance with this Paragraph 3(c)(iii) at the time of such subsequent conversion.

  • The Conversion Price shall be the lesser of the Maximum Conversion Price, as hereinafter defined, or the Current Conversion Price, as hereinafter defined, which shall be subject to adjustment as hereinafter provided.


More Definitions of Current Conversion Price

Current Conversion Price means the Conversion Price
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Current Conversion Price means the Conversion Price as most recently adjusted pursuant to Section 6.06.
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Current Conversion Price as used herein shall mean the Conversion Price, as the same may be adjusted from time to time as hereinafter provided, in effect at any given time. In determining the Current Conversion Price, the result shall be expressed to the nearest $0.01, but any such lesser amount shall be carried forward and shall be considered at the time of (and together with) the next subsequent adjustment which, together with any adjustments to be carried forward, shall amount to $0.01 per Share or more.
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Current Conversion Price means US $2.50 per Common Share subject to adjustment as hereinafter provided, regardless of the Common Share price in effect at the time of such adjustment provided that such price shall always be expressed to one-tenth of one cent, rounded upwards;
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Current Conversion Price with respect to a series of Preferred Stock, shall mean the Conversion Price immediately before the occurrence of any event, which, pursuant to Section 5(c), causes an adjustment to the Conversion Price of such series of Preferred Stock.
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Current Conversion Price means the Current Market Price for each Common Share to be issued upon conversion of any Series A Shares, subject to adjustment as hereinafter provided;
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Current Conversion Price has the meaning set forth in ------------------------ Section 6.3 hereof.
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