Redemption Conversion Value definition

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.
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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.
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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 such Notes on or after the issuance of the relevant Notice of Redemption and prior to the close of business on the Scheduled Trading Day immediately preceding such Redemption Date.
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Examples of Redemption Conversion Value in a sentence

  • If the Equity Payment Conditions have not been met for each Trading Day of the Threshold Period, the “COMPANY REDEMPTION AMOUNT” shall equal the greater of (i) the Company Redemption Premium (as defined above) multiplied by the outstanding Stated Value of the Series B Preferred Stock being redeemed, plus all accrued and unpaid Dividends, Default Interest, Failure Payments or other Required Cash Payments, or (ii) the Redemption Conversion Value (as defined below).

  • 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.


More Definitions of Redemption Conversion Value

Redemption Conversion Value means, with respect to an Acquisition Non-Occurrence Redemption, the sum of the Daily Conversion Values for each VWAP Trading Day in the Acquisition Non-Occurrence Redemption Observation Period for such Acquisition Non-Occurrence Redemption.
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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.
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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
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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. See “Description of notes—Optional redemption—Optional redemption if the Acquisition is not consummated” in the Preliminary Offering Memorandum.
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Related to Redemption Conversion Value

  • 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.

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Final Redemption Value means the Underlying Reference Value.

  • Redemption Value means, in respect of a Unit, the price per Unit at which such Unit is redeemed, calculated in accordance with the Trust Deed.

  • 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:

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

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

  • 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).

  • 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:

  • 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.

  • 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.

  • 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.

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

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

  • 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.

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

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

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • 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.

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

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • 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.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • 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;