Incremental Share Factor definition
Examples of Incremental Share Factor in a sentence
For purposes of this Section 4.06, each adjustment event that applies to the Base Conversion Rate shall also be applied to the Incremental Share Factor in the same manner, and all other references to Base Conversion Rate shall be deemed to refer to both the Base Conversion Rate and the Incremental Share Factor.
No adjustment in the Base Conversion Rate or the Incremental Share Factor shall be required unless the adjustment would result in a change in the Base Conversion Rate of at least 1.00%; provided, however, that any adjustment which by reason of this Section 4.07 is not required to be made shall be carried forward and taken into account in subsequent adjustments and in connection with any conversion of Securities.
Accordingly, for purposes of determining any adjustment to the Incremental Share Factor or any other effect on the Incremental Share Factor, each reference to the Base Conversion Rate appearing below shall be replaced with a reference to the Incremental Share Factor.
For each increase in the Base Conversion Rate for Notes converted in connection with a Make-Whole Fundamental Change pursuant to this Section 14.03, the Incremental Share Factor will be proportionately increased as set forth in Section 14.04, subject to the Conversion Rate Cap set forth in the immediately succeeding paragraph.
There shall not be any adjustment to the conversion privilege, the Base Conversion Rate, Incremental Share Factor or Daily Share Cap at any time based on the Company’s stockholder rights plan, any amendment to that plan, or any further stockholder rights plan as contemplated by Section 8.10(b) below that the Company may adopt prior to the distribution of separate certificates representing such Rights.