Examples of Principal Value Conversion in a sentence

The Company may not change its election with respect to the consideration (or components or percentages of components thereof) to be paid upon a Principal Value Conversion once the Company has given its Principal Value Conversion Notice to the Holder surrendering such Security whose conversion is a Principal Value Conversion.
The Company shall pay any portion of the principal amount to be paid in cash in a Principal Value Conversion on the third Trading Day after the Conversion Date for such conversion.
Any Common Stock to be delivered upon a Principal Value Conversion shall be valued at the greater of (x) the Conversion Price on the Conversion Date for such conversion and (y) the Closing Price per share of Common Stock on the third Trading Day after such Conversion Date.
With respect to any portion of the principal amount to be paid in Common Stock in a Principal Value Conversion, the Company shall deliver the Common Stock to the Holder of the Security surrendered for conversion in such Principal Value Conversion on the fourth Trading Day following the Conversion Date for such conversion.
Any Common Stock delivered upon a Principal Value Conversion will be valued at the greater of (x) the Conversion Price on the Conversion Date and (y) the Closing Sale Price on the third Trading Day after the Conversion Date.

More Definitions of Principal Value Conversion

Principal Value Conversion has the meaning provided in Section 4.1(b)(i).

Principal Value Conversion has the meaning set forth in Section 9.1(c).

Principal Value Conversion has the meaning set forth in Section 15.01.

Principal Value Conversion has the meaning set forth in Section 12.1(a).

Principal Value Conversion has the meaning specified in Section 13.01(a)(ii).

Principal Value Conversion has the meaning specified in Section 3.01(a)(iii).

Principal Value Conversion means any conversion of Securities on or after November 15, 2018 pursuant to Section 4.1(a)(iii) if the Closing Price per share of Common Stock on the Trading Day before the Conversion Date is more than 100% but less than 120% of the Conversion Price then in effect.