Day Measurement Period definition

Day Measurement Period means the five consecutive Trading Days ending on the third Trading Day immediately preceding such Ordinary Shares Record Date. "Securities' Market Price" means, as of any date of determination, the average of the secondary market bid quotations per $1,000 principal amount at maturity of Securities obtained by the Bid Solicitation Agent for $10 million principal amount at maturity of Securities at approximately 4:00 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers (none of which shall be an Affiliate of the Company) selected by the Company; provided, however, if (a) at least three such bids are not obtained by the Bid Solicitation Agent or (b) in the Company's reasonable judgment, the bid quotations are not indicative of the secondary market value of the Securities as of such determination date, then the Securities' Market Price for such determination date shall equal the product of (i) the Conversion Rate in effect as of such determination date multiplied by (ii) the average Sale Price of the Ordinary Shares for the five consecutive Trading Days ending on such determination date, appropriately adjusted to take into account the occurrence, during the period commencing on the first of such Trading Days during such five Trading Day period and ending on such determination date, of any event described in Sections 12.6, 12.7, 12.8 or 12.9 (subject to the conditions set forth in Section 12.10).
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Day Measurement Period means the five Trading Days ending on the third Trading Day immediately preceding such Common Stock Record Date. "Relevant Value" means the sum of the Issue Price, the accrued Original Issue Discount and accrued Contingent Additional Principal, if any, on such Note to the day of determination. "XXXXx Market Price" means, as of any date of determination, the average of the secondary market bid quotations per $1,000 Principal Amount at Maturity of Notes obtained by the Bid Solicitation Agent for $10 million Principal Amount at Maturity of Notes at approximately 4:00 p.m., New York City time, on such determination date from three independent nationally recognized securities dealers (none of which shall be an Affiliate of the Company) selected by the Company; provided, however, if (a) at least three such bids are not obtained by the Bid Solicitation Agent or (b) in the Company's reasonable judgment, the bid quotations are not indicative of the secondary market value of the Notes as of such determination date, then the XXXXx Market Price for such determination date shall equal the product of (i) the Conversion Rate in effect as of such determination date multiplied by (ii) the average Sale Price of the Common Stock for the five Trading Days ending on such determination date, appropriately adjusted to take into account the occurrence, during the period commencing on the first of such Trading Days during such five Trading Day period and ending on such determination date, of any event described in Section 406, 407 or 408 (subject to the conditions set forth in Sections 409 and 410). The Original Issue Discount of the Notes will continue to accrue whether or not Contingent Cash Interest payments are made or any Contingent Additional Principal accrues.
Sample 1
Day Measurement Period means the five Trading Days ending on the third Trading Day immediately preceding such Common Stock Record Date . Contingent Cash Interest, if any, will accrue and be payable to holders of this Security as of the record date, which shall be the 15th day preceding the last day of the applicable six-month period or, if the Company pays regular cash dividends on the Common Stock during a fiscal quarter within such six-month period, the Common Stock Record Date. Original Issue Discount will continue to accrue whether or not Contingent Cash Interest is paid.
Sample 1

Examples of Day Measurement Period in a sentence

  • GGP shall distribute any stock portion of the Final Payment as soon as practicable following the Ten Day Measurement Period, but in any event no later than the fifth business day following the thirtieth (30th) calendar day following the Effective Date of the Plan.

  • GGP shall distribute any cash portion of the Final Payment as soon as practicable following the Ten Day Measurement Period, but in any event no later than the third business day following the thirtieth (30th) calendar day following the Effective Date of the Plan.

Related to Day Measurement Period

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of the Borrower.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Adjustment Period means the period from the Effective Date up to and including the Expiry Time;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Test Period means, on any date of determination, the period of four consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period).

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Adjusted Leverage Ratio means, on any date, the ratio of (a) Total Debt as of such date to (b) Adjusted Consolidated EBITDA for the period of four consecutive fiscal quarters of the Borrower most recently ended as of such date, all determined on a consolidated basis in accordance with GAAP.

  • Reference Year shall have the meaning given it in the Summary.

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • Reset Period means the First Reset Period or a Subsequent Reset Period, as the case may be;

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Reference Period shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.”

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.