Final Company Conversion Period means the period commencing on 22 February 2012 and ending on the last date upon which all of the Notes have been redeemed, converted or cancelled in accordance with the provisions of the Loan Note Instrument;
Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.
Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.
Make-Whole Fundamental Change Conversion Period has the following meaning:
Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;
Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.
Automatic Conversion Date has the meaning set forth in Section 7(c).
Forced Conversion Date shall have the meaning set forth in Section 6(d).
Mandatory Conversion Date has the meaning set forth in Section 7(a).
Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).
Forced Conversion Amount means the sum of (i) 100% of the aggregate Stated Value then outstanding, (ii) accrued but unpaid dividends and (iii) all liquidated damages and other amounts due in respect of the Series B Preferred Stock.
Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.
Automatic Conversion means the irrevocable and automatic release of all of the Company’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Company’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the Holders and Beneficial Owners of the Securities) or to the relevant recipient of such Conversion Shares, all in accordance with the terms of the Securities.
Applicable Conversion Rate means the Conversion Rate in effect at any given time.
Interest Conversion Shares shall have the meaning set forth in Section 2(a).
Initial Conversion Price has the meaning specified in Section 13.01.
Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.
Fixed Conversion Price shall have the meaning set forth in Section 4(b).
Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 20 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if such delivery is after the Interest Payment Date.
Forced Conversion Notice shall have the meaning set forth in Section 6(d).
Applicable Conversion Price means the Conversion Price in effect at any given time.
Conversion Amount means the sum of the Stated Value at issue.
Mandatory Conversion Notice has the meaning ascribed thereto in Section 4.5(a);
Date of Conversion Conversion Price:_______________________________________________________________ Shares To Be Delivered:_________________________________________________________ Signature:______________________________________________________________________ Print Name:_____________________________________________________________________ Address:________________________________________________________________________
Judgment Conversion Date as defined in subsection 10.8(a).
New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:
Conversion Date shall have the meaning set forth in Section 4(a).