Exchange Price definition

Exchange Price means as of any time, $1,000, divided by the Exchange Rate as of such time.

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Exchange Price shall have the meaning specified in the Indenture.

Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

Examples of Exchange Price in a sentence

The Company and the Parent Guarantor will not engage in or be a party to any transaction or event that would require the Exchange Rate to be adjusted pursuant to Section 5.05(A) or Section 5.07 to an amount that would result in the Exchange Price per share of Common Stock being less than the par value per share of Common Stock.
A Holder may Exchange its Notes during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ending on September 30, 2026, if the Last Reported Sale Price per share of Common Stock exceeds one hundred and thirty percent (130%) of the Exchange Price for each of at least twenty (20) Trading Days (whether or not consecutive) during the thirty (30) consecutive Trading Days ending on, and including, the last Trading Day of the immediately preceding calendar quarter.
The Stock Prices in the first row (i.e., the column headers) of the table set forth in Section 5.07(A) will be adjusted in the same manner as, and at the same time and for the same events for which, the Exchange Price is adjusted as a result of the operation of Section 5.05(A).

More Definitions of Exchange Price

Exchange Price means the price at which Shares are exchanged with holders of Debt Obligations.

Exchange Price means the arithmetic average of the volume weighted average prices for a share of the Common Stock on the principal United States securities exchange or automated or electronic quotation system on which the Common Stock trades, as reported by Bloomberg, L.P., or its successor, for each of the three consecutive full Trading Days ending on and including the last full Trading Day immediately prior to the Exchange Date, subject to appropriate and equitable adjustment for any stock splits, reverse splits, stock dividends or similar events affecting the Common Stock. If the Common Stock no longer trades on a securities exchange or automated or electronic quotation system, then a majority of the Independent Directors of the Corporation shall determine the Exchange Price in good faith.

Exchange Price means, as of any time, an amount equal to (A) one thousand dollars ($1,000) divided by (B) the Exchange Rate in effect at such time.

Exchange Price means the Closing Bid Price as of two (2) Trading Days prior to the Exchange Date.

Exchange Price has the meaning assigned to it in Section 2(a) hereof.

Exchange Price means $7.50, as may be adjusted from time to time in the manner set forth herein;

Exchange Price means $10.00, subject to adjustment as provided herein.