Examples of Special Conversion Price in a sentence
The Corporation or a successor corporation, as the case may be, may, at its option and in lieu of providing the consideration as required above upon such conversion, provide the holder with cash equal to the Market Value of the Common Stock multiplied by the number of shares of Common Stock into which such Convertible Preferred Stock would have been convertible immediately prior to such Fundamental Change at an adjusted conversion price equal to the Special Conversion Price.
He attempts, in other words, to reconcile a new view of this central figure of his past with his own identity in the present.
The "Change of Control Conversion Rate" shall be equal to the principal amount of this Note, and any accrued and unpaid interest thereon, divided by the Special Conversion Price.
The Corporation may, at its option, in lieu of providing Common Stock upon any such special conversion, provide the holder with cash equal to the Market Value (as defined in Section 4(e)) of the Common Stock multiplied by the number of shares of Common Stock into which such Convertible Preferred Stock would have been convertible immediately prior to such Change of Control at an adjusted conversion price equal to the Special Conversion Price.
The "Special Conversion Price" shall mean the lesser of the Market Value of the Common Stock and the prevailing conversion price.