Installment Share Amount definition

Installment Share Amount means, with respect to any given Holder, the aggregate number of Preferred Shares equal to the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the number of Preferred Shares (which shall be allocated initially to any Additional Preferred Shares then outstanding of such Holder, and thereafter to any Initial Preferred Shares then outstanding of such Holder) equal to (i) such Holder’s Pro Rata Amount (rounded to the nearest whole number) of the Aggregate Installment Share Amount of Preferred Shares or (ii) all Preferred Shares then held by such Holder only if such number of Preferred Shares then held by such Holder is less than the amount determined under the immediately preceding clause (i) (in each case, as any such Installment Share Amount of Preferred Shares may be reduced pursuant to the terms of this Certificate of Designations, whether upon conversion, redemption or Deferral), (B) any prior Deferral Amount of Preferred Shares deferred pursuant to Section 9(d) and included in such Installment Share Amount of Preferred Shares in accordance therewith, and (C) any Preferred Shares corresponding to any Acceleration Amount accelerated pursuant to Section 9(e) and included in such Installment Share Amount of Preferred Shares in accordance therewith.
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Installment Share Amount means, with respect to any Installment for which Exchange has elected in accordance with Section 2.02(b) to pay all or any portion of the Payment Amount in Common Stock, the number of shares of Common Stock (rounded to the nearest whole number) equal to the result obtained by dividing (a) the Payment Amount to be paid on the applicable Installment Date minus the Cash Component set forth in the applicable Stock Election Notice by (b) the Fair Market Value of the Common Stock as of the originally scheduled Installment Date set forth in the table contained in Section 2.01(c); provided, however, that for purposes of this definition, in no event shall the "Fair Market Value" as at any date be less than 75% of the Fair Market Value determined as of the Closing Date or exceed 125% of the Fair Market Value determined as of the Closing Date.
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Installment Share Amount means, with respect to any Installment for ------------------------- which Exchange has elected in accordance with Section 2.02(b) to pay all or any portion of the Payment Amount in Common Stock, the number of shares of Common Stock (rounded to the nearest whole number) equal to the result obtained by dividing (a) the Payment Amount to be paid on the applicable Installment Date minus the Cash Component set forth in the applicable Stock Election Notice by ----- -- (b) the Fair Market Value of the Common Stock as of the originally scheduled Installment Date set forth in the table contained in Section 2.01(c); provided, --------- however, that for purposes of this definition, in no event shall the "Fair --------- Market Value" as at any date be less than 75% of the Fair Market Value determined as of the Closing Date or exceed 125% of the Fair Market Value determined as of the Closing Date.
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Examples of Installment Share Amount in a sentence

  • If the Company does not timely deliver an Installment Notice in accordance with this Section 9 with respect to a particular Installment Date, then the Company shall be deemed to have delivered an irrevocable Installment Notice confirming an Installment Conversion of the entire Installment Share Amount of Preferred Shares related to such Installment Date and shall be deemed to have certified that there is not then an Equity Conditions Failure in connection with such Installment Conversion.

  • Subject to Section 4(d), if the Company delivers an Installment Notice or is deemed to have delivered an Installment Notice certifying that such Installment Share Amount of Preferred Shares is being converted, in whole or in part, in an Installment Conversion in accordance with Section 9(a), then the remainder of this Section 9(b) shall apply.

  • Notwithstanding anything herein to the contrary, if, with respect to an Installment Date, the number of Pre-Installment Conversion Shares delivered to a Holder exceeds the number of Post-Installment Conversion Shares with respect to such Installment Date, then such Holder shall be entitled to keep any such excess as additional Dividends with respect to such Installment Share Amount of Preferred Shares subject to conversion or redemption, as applicable, on such Installment Date.

Related to Installment Share Amount

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

  • Per Share Amount has the meaning set forth in Section 2.2.1 hereof.

  • Installment Amount means the sum of (A) (i) with respect to any Installment Date other than the Maturity Date, the lesser of (x) the quotient of (I) the Principal amount outstanding under this Note as of the initial Installment Date, divided by (II) the number of Installment Dates occurring hereunder (as determined as of the initial Installment Date assuming no Deferrals, Accelerations, redemptions or conversions hereunder prior to the Maturity Date) and (y) the Principal amount then outstanding under this Note as of such Installment Date, and (ii) with respect to the Installment Date that is the Maturity Date, the Principal amount then outstanding under this Note as of such Installment Date (in each case, as any such Installment Amount may be reduced pursuant to the terms of this Note, whether upon conversion, redemption or Deferral), (B) any Deferral Amount deferred pursuant to Section 8(d) and included in such Installment Amount in accordance therewith, (C) any Acceleration Amount accelerated pursuant to Section 8(e) and included in such Installment Amount in accordance therewith and (D) in each case of clauses (A) through (C) above, the sum of any accrued and unpaid Interest and Make-Whole Amount with respect thereto as of such Installment Date under this Note, if any, and accrued and unpaid Late Charges, if any, under this Note as of such Installment Date. In the event the Holder shall sell or otherwise transfer any portion of this Note, the transferee shall be allocated a pro rata portion of the each unpaid Installment Amount hereunder.

  • Net Share Amount has the meaning set forth in Section 3.03(c).

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

  • Installment Date as defined in Section 2.12.

  • Accelerated Purchase Share Amount means, with respect to an 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 clause (i) of the second sentence of 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.

  • Payment Shares has the meaning set forth in Section 2.02;

  • 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.

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

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Conversion Amount means the sum of the Stated Value at issue.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Additional Accelerated Purchase Share Amount means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor on an Additional 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 clause (i) of the proviso in the second sentence of Section 2(c) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Additional 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 Additional Accelerated Purchase Date beginning at the Additional Accelerated Purchase Commencement Time for such Additional Accelerated Purchase and ending at the Additional Accelerated Purchase Termination Time for such Additional Accelerated Purchase.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Deferred Purchase Price shall have the meaning set forth in Section 2(a).

  • Company Conversion Price means, as of any date of determination, the price which shall be the lower of (i) the applicable Conversion Price and (ii) that price computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the applicable Company Redemption Date (each a “Company Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock during such Company Conversion Measuring Period.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;