Reset Conversion Price definition

Reset Conversion Price has the meaning provided in Condition 6.4.
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Reset Conversion Price means, on each Reset Date, the US Dollar price per ADS which is the greater of:
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Reset Conversion Price means the average volume-weighted closing price of Shares for the ten (10) days immediately after the commencement date of the Conversion Period.
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Examples of Reset Conversion Price in a sentence

  • Subject to the following sentence, on each Reset Date, the Conversion Price will be adjusted by the Calculation Agent to be equal to the Reset Conversion Price.


More Definitions of Reset Conversion Price

Reset Conversion Price means (A) during the period beginning on the First Reset Date and ending on the day immediately preceding the Second Reset Date (each as defined below), the lesser of (i) the Initial Conversion Price and (ii) the average Closing Bid Price for the Common Stock during the period of twenty (20) Trading Days immediately preceding (but not including) the First Reset Date and (B) at all times on or after the Second Reset Date, the lesser of (i) the Conversion Price in effect on the day immediately preceding the Second Reset Date and (ii) the average Closing Bid Price for the Common Stock during the period of twenty (20) Trading Days immediately preceding (but not including) the Second Reset Date.
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Reset Conversion Price means the adjusted conversion price upon the
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Reset Conversion Price means the 20 trading day average closing bid price of the Common Stock (as reported by Bloomberg, L.P.) ending on the trading day prior to the Release Date.
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Reset Conversion Price means the average of the Per Share Market Values during the five Trading Days preceding the applicable Reset Date; provided, that (1) such five Trading Day period shall be extended for the number of Trading Days during such period in which (A) trading in the Common Stock is suspended by the NASDAQ or a Subsequent Market on which the Common Stock is then listed, or (B) after the date declared effective by the Commission, the Underlying Shares Registration Statement is not effective, or (C) after the date declared effective by the Commission, the Prospectus included in the Underlying Shares Registration Statement may not be used by the Holder for the resale of Underlying Shares; and (2) the Reset Conversion Price that will control during any monthly period shall equal the lowest Reset Conversion Price determined from the initial Reset Date.
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Reset Conversion Price means U.S. $2.00 per share, subject to adjustment in the event that the Issuer issues new shares, rights or other equity or equity related securities at or equivalent to a price per share below U.S. $2.00.
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Reset Conversion Price means, on the first anniversary of the Closing Date, the lower of the Initial Conversion Price and the Current Market price, but not less than 50% of the Initial Conversion Price.
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Related to Reset Conversion Price

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

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

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • 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.

  • 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.