Maximum Interest Share Amount definition

Maximum Interest Share Amount means the Holder Pro Rata Amount of the quotient determined by dividing (A) the product of (x) 15% and (y) the sum of the Trading Dollar Volume of the ADRs for the twenty (20) Trading Days ending on the Trading Day immediately preceding the applicable Interest Date by (B) the applicable Interest Conversion Price.
Maximum Interest Share Amount means the Holder Pro Rata Amount of the quotient determined by dividing (A) the product of

Examples of Maximum Interest Share Amount in a sentence

  • Notwithstanding the foregoing, unless otherwise waived or consented to in writing by the Holder, the Company will not be permitted to issue on any Interest Date a number of Interest Shares (and must pay any excess in Cash Interest) which exceeds the Maximum Interest Share Amount.

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