Redemption Conversion Value definition
Redemption Conversion Value means the product of (i) the Conversion Rate in effect on the Redemption Date and (ii) the average of the Daily VWAP of the Company’s Common Stock for the five consecutive Trading Days ending on the Trading Day immediately preceding the Redemption Date.
Redemption Conversion Value means, with respect to any Acquisition Non-occurrence Redemption, the sum of the Daily Conversion Values for each Trading Day in the Observation Period for such Acquisition Non-occurrence Redemption.
Redemption Conversion Value means, with respect to any redemption date on or prior to October 31, 2015 pursuant to Section 16.01, the sum of the Daily Redemption Values for each Trading Day in the Redemption Period.
Examples of Redemption Conversion Value in a sentence
These calculations include, but are not limited to, determinations of the Stock Price, Last Reported Sale Prices of the Common Stock, Daily VWAPs, Daily Conversion Values, Daily Settlement Amounts, the Aggregate Share Cap, the Conversion Share Cap, the Redemption Conversion Value, the Daily Redemption Value, accrued interest payable on the Notes and the Conversion Rate of the Notes.
The applicable redemption price (the “Unwind Redemption Price”) for each $1,000 principal amount of Notes will equal the sum of (i) $1,020, (ii) accrued and unpaid interest on such Notes to, but excluding, the Redemption Date and (iii) 75% of the excess, if any, of the Redemption Conversion Value for such Notes over the Initial Conversion Value of such Notes.
More Definitions of Redemption Conversion Value
Redemption Conversion Value means, for each $1,000 principal amount of Securities to be redeemed pursuant to Section 6.01, an amount equal to (a) the Conversion Rate in effect on the Redemption Date for such Securities, multiplied by (b) the Average Redemption VWAP for such Securities.
Redemption Conversion Value means, with respect to any Redemption Date, the sum of the Daily Conversion Values for each Trading Day in the Observation Period that would apply to a conversion of Notes to which Cash Settlement applies occurring after the issuance of the relevant Notice of Redemption and on or prior to the related Redemption Date. “Redemption Date” shall have the meaning specified in Section 16.02(a). “Redemption Price” means an amount equal to the sum of: (i) 101% of the principal amount of such Notes, plus (ii) accrued and unpaid interest, if any, on such Notes to, but excluding, the Redemption Date (unless the Redemption Date falls after a Regular Record Date but on or prior to the immediately succeeding Interest Payment Date, in which case the Company shall pay the full amount of accrued and unpaid interest to Holders of record of such Notes as of the close of business on such Regular Record Date, and the Redemption Price shall not include any accrued and unpaid interest on such Notes), plus (iii) the Premium (provided that the Company will not pay the Premium payment on Notes called for redemption that are converted). “Reference Property” shall have the meaning specified in Section 14.07(a). “Regular Record Date,” with respect to any Interest Payment Date, shall mean the January 15 or July 15 (whether or not such day is a Business Day) immediately preceding the applicable February 1 or August 1 Interest Payment Date, respectively. “Regulation S” means Regulation S under the Securities Act or any successor to such regulation.” “Regulation S Notes” means the Notes initially offered and sold outside the United States pursuant to Regulation S. “Relevant Jurisdiction” shall have the meaning specified in Section 4.06. “Resale Registration Statement” shall have the meaning specified in Section 4.11(a). 10