Daily Share Amounts definition

Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 principal amount of Notes surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula: (Volume Weighted Average Price per share of Conversion Rate in effect on the Common Stock for such Trading Day x Trading Day) - $1000 Volume Weighted Average Price per share of Common Stock for such Trading Day x 20
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Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 Principal Amount of Securities surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula:
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Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $50.00 principal amount of Securities surrendered for conversion, a number of shares (but in no event less than zero) determined by the following formula: (Volume Weighted Average Price per Conversion Rate in effect Share of Common Stock for such Trading Day x on the Conversion Date*) - $50.00 Volume Weighted Average Price per share of Common Stock for such Trading Day x 10 *appropriately adjusted to take into account the occurrence on or before such Trading Day of any event which would require an anti-dilution adjustment
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Examples of Daily Share Amounts in a sentence

  • For the purposes of Sections 4.13(a) and (b), in the event that any of Conversion Value, Daily Share Amounts or Volume Weighted Average Price cannot be determined for all portions of the Conversion Reference Period, the Company’s Board of Directors shall in good faith determine the values necessary to calculate the Conversion Value, Daily Share Amounts and Volume Weighted Average Price, as applicable.

  • These calculations include, but are not limited to, determinations of any Last Reported Sale Prices of the Common Stock, the Daily VWAPs of the Common Stock, the Daily Conversion Values, the Daily Cash Amounts, the Daily Share Amounts, accrued interest payable on the Notes and the Conversion Rate.

  • The Company may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Stock, and any portion of the Net Amount the Company elects to deliver in Common Stock (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.

  • In its compliance filing, SPP provides a timeline for completion of the interconnection study process for each transitional cluster.

  • Each $1,000 of Original Principal Amount of 2004 Senior Convertible Notes shall be convertible for cash equal the Principal Return and, if the Conversion Value exceeds the Accreted Principal Amount, the number of whole shares of Common Stock equal to the sum of the Daily Share Amounts for each Trading Day in the applicable Conversion Settlement Reference Period, as determined by the Company and confirmed in writing to the Trustee and the Conversion Agent, payable as set forth in Section 1.10(b).

  • These calculations include, but are not limited to, determinations of the Last Reported Sale Prices and Daily VWAPs of the Common Shares, the Daily Cash Amounts, the Daily Conversion Values, the Daily Share Amounts, accrued interest, Additional Interest, if any, and Additional Amounts, if any, payable on the Notes and the Conversion Rate.

  • Notwithstanding the provisions of Section 10.03(a), the Company may elect to settle all or a portion of the Daily Share Amounts for each Trading Day in the Conversion Reference Period relating to a Conversion Date in cash (a “ Cash Election”).

  • The Issuer may elect to deliver any portion of the Net Amount in cash (the "Net Cash Amount") or Lexington Common Shares, and any portion of the Net Amount the Issuer elects to deliver in Lexington Common Shares (the "Net Shares") shall be the sum of the Daily Share Amounts for each Trading Day during the Applicable Exchange Period.

  • The Company may, in its sole discretion, pay the Net Amount in cash (the “Cash Amount”) or deliver a number of shares of Common Stock (the “Net Shares”), equal to the greater of zero or the sum of the Daily Share Amounts for each Trading Day in the applicable Conversion Period.

  • The Daily Share Amounts shall be calculated using the Closing Sale Price of the Common Stock on each Trading Day.


More Definitions of Daily Share Amounts

Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 Principal Amount of Securities surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula: * appropriately adjusted to take into account the occurrence on or before such Trading Day of any event which would require an anti-dilution adjustment.
Sample 1Sample 2
Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 Principal Amount of Securities surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula: (Sale Price per share of Common Stock for Conversion Rate in effect on the such Trading Day x Conversion Date) - $1,000 ------------------------------------------------------------------------------------------- Sale Price per share of Common Stock for such Trading Day x 20 The Conversion Rate in effect on the Conversion Date, for the purposes of this definition of Daily Share Amounts, will be appropriately adjusted to take into account the occurrence on or before such Trading Day of any event which would require an anti-dilution adjustment.
Sample 1
Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 Principal Amount of Securities surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula: (Volume Weighted Average Price per share of Common Stock for such Trading Day x Conversion Rate in effect on the Conversion Date*) - $1,000Volume Weighted Average Price per share of Common Stock for such Trading Day x 10 * appropriately adjusted to take into account the occurrence on or before such Trading Day of any event which would require an anti-dilution adjustment. “Default” means any event which is, or after notice or passage of time or both would be, an Event of Default.
Sample 1
Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000.00 principal amount of Securities surrendered for conversion, a number of shares (but in no event less than zero) determined by the following formula:
Sample 1
Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 principal amount of Securities surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula: Volume Weighted Average Price X Conversion Rate in effect -$1,000 per share of Common Stock for such Trading Day on the Trading Day Volume Weighted Average Price per share of Common Stock for such Trading Day x 30
Sample 1

Related to Daily Share Amounts

  • Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.

  • Share Amount means a fraction of ETF Shares calculated in accordance with

  • Per Share Amount is defined in Section 1.1

  • Net Share Amount For any Exercise Date, a number of Shares, as calculated by the Calculation Agent, equal to (x) the product of (i) the number of Warrants being exercised or deemed exercised on such Exercise Date, (ii) the Warrant Entitlement and (iii) the excess, if any, of the Relevant Price for the Valuation Date occurring on such Exercise Date over the Strike Price (such product, the “Net Share Settlement Amount”), divided by (y) such Relevant Price.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Accelerated Purchase Share Amount means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor in an Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in Section 2(b) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Accelerated Purchase Date beginning at the Accelerated Purchase Commencement Time for such Accelerated Purchase and ending at the Accelerated Purchase Termination Time for such Accelerated Purchase.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Aggregate Stock Consideration has the meaning set forth in Section 3.01(b)(iii).

  • Share Dilution Amount means the increase in the number of diluted shares outstanding (determined in accordance with GAAP applied on a consistent basis, and as measured from the date of the Issuer’s most recent consolidated financial statements prior to the Signing Date) resulting from the grant, vesting or exercise of equity-based compensation to employees and equitably adjusted for any stock split, stock dividend, reverse stock split, reclassification or similar transaction.

  • Per Share Merger Consideration has the meaning set forth in Section 3.1(a).

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Exchange Amount means either the Cash Amount or the REIT Shares Amount, as selected by the General Partner in its sole and absolute discretion pursuant to Section 8.5(b) hereof.

  • Initial Dividend Payment Date means the Initial Dividend Payment Date as determined by the Board of Directors of the Corporation with respect to the AMPS or Other AMPS, as the case may be.

  • Common Share Equivalent shall have the meaning ascribed to it in Section 11(a)(iii) hereof.

  • Common Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred shares, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • Buyer Stock means the common stock, par value $0.0001 per share, of Buyer.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Earn-Out Shares has the meaning provided in Section 2.2(b).