Note Conversion Amount definition

Note Conversion Amount means, with respect to each Note, the sum of the principal amount of such Note plus accrued and unpaid interest on such Note plus the Applicable Premium, each determined as of the applicable Conversion Calculation Date.
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Note Conversion Amount means a number of shares of Common Stock equal to the quotient of (1) the principal and accrued interest under the Note as of the date upon which the number of Registrable Securities is being assessed hereunder, divided by (2) the Valuation Cap Price.
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Examples of Note Conversion Amount in a sentence

  • The number of shares of Common Stock issuable upon conversion of the Note Conversion Amount shall be determined according to the following formula: Note Conversion AmountNote Conversion PriceNo fractional shares of Common Stock are to be issued upon the conversion of this Note.

  • In the event of an Event of Default, Interest shall continue to accrue on the then outstanding Principal at the applicable Interest Rate, but in no event shall such Interest be payable to the Holder until such time as (i) the then outstanding Senior Secured Note Conversion Amount has been converted or repaid in full by the Company or (ii) the Event of Default is no longer continuing.

  • Xxxxxxxx Title: Chairmen of the Board of Directors and Chief Executive Officer Investment Amount (Note Conversion Amount) and Units Purchased at the Closing: $2,089,425 Investment Amount – 696,475 Units Purchased Tax ID No.: ____________ ADDRESS FOR NOTICE c/o Cross Atlantic Capital Partners 150 X.

  • Such notice shall be accompanied by the PIK Note Conversion Amount Calculation Certificate executed by the chief financial officer of Borrower.

  • In consideration of the timing of the investment in the promissory notes, warrant coverage on the Note Conversion Amount shall be 50% rather than 25%, that is, for each share of Common Stock purchased with the Note Conversion Amount, the Company shall issue a Warrant to purchase 50% of one additional share of Common Stock at a purchase price of $0.04 per share.

  • For purposes of this Note, "Conversion Amount" shall mean the amount equal to all of (i) the Principal Amount, plus (ii) all accrued but unpaid interest under this Note at the time of the conversion.

  • Upon the IPO closing, the principal and accrued and unpaid interest on the Notes (the “Note Conversion Amount”) automatically converted into 110,755 shares of Common Stock (the Note Conversion Amount divided by the IPO Per Share Price).The purchase price of the Preferred Stock, Warrants and Notes were paid by Novo A/S from its working capital.

  • We have entered into indemnification agreements with each of our directors and each member of our senior management team that provide for indemnification to the maximum extent permitted by Maryland law.

  • In any such event, the Existing Note Conversion Amount shall be aggregated with the Subscription Amount in determining the face amount of the Note being purchasd hereunder.

  • Within five (5) days of Agent's receipt of such PIK Note Conversion Amount Calculation Certificate, such PIK Note Conversion Amount shall be deemed approved by Agent unless Agent does not agree with the calculation of the PIK Note Conversion Amount by Borrower as set forth therein, in which case, such PIK Note Conversion Amount shall be deemed approved by Agent on the date that the Agent and the Borrower mutually agree as to the PIK Note Conversion Amount.

Related to Note Conversion Amount

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

  • 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.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • 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.

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

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

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • 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.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Alternate Conversion Price means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, (ii) 70% of the lowest Closing Sale Price of the Common Stock during the twenty (20) consecutive Trading Day period ending and including the date of delivery or deemed delivery of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period.

  • 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;

  • 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.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Applicable Conversion Price means the Conversion Price in effect at any given time.

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

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

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • 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:

  • 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.