Reference Conversion Rate definition
Reference Conversion Rate means a conversion rate equal to 43.4027 shares of the Common Stock per $1,000 principal amount of Debentures, adjusted in the same manner as and as of any date on which the Conversion Rate is adjusted as set forth in Section 8.04. Notwithstanding anything in this Indenture to the contrary, in no event shall the Conversion Rate be increased to more than 43.4027 shares of Common Stock per $1,000 principal amount of Debentures pursuant to the events described in this Section 8.03, subject to adjustment in the same manner as the Conversion Rate pursuant to Section 8.04.
Reference Conversion Rate has the meaning specified in Section 8.03(b).
Reference Conversion Rate means a conversion rate equal to 29.2226 shares of the Common Stock per $1,000 principal amount of Debentures, adjusted in the same manner as and as of any date on which the Conversion Rate is adjusted as set forth in Section 8.04. Notwithstanding anything in this Indenture to the contrary, in no event shall the Conversion Rate be increased to more than 29.2226 shares of Common Stock per $1,000 principal amount of Debentures pursuant to the events described in this Section 8.03, subject to adjustment in the same manner as the Conversion Rate pursuant to Section 8.04.
Examples of Reference Conversion Rate in a sentence
The Parties agree that the value of the Galapa Land (or such interests of such Galapa PA) to be contributed by TI to VAH shall be US$10,900,000, which amount shall be converted for purposes of Section 3.03(c) using the Reference Conversion Rate.
More Definitions of Reference Conversion Rate
Reference Conversion Rate shall have the meaning assigned to such term in Section 3.01(a)(iii).