Examples of Applicable Conversion Reference Period in a sentence
Shares of Common Stock will be issued to the extent that the Sale Price exceeds the Conversion Price during the Applicable Conversion Reference Period.
The “Daily Share Amount” for each day in the Applicable Conversion Reference Period is equal to the greater of: • Zero; or • A number of Common Shares determined by the following formula: The daily share amount for each day shall be rounded to four decimal places.
The “Conversion Value” is equal to (1) the applicable Conversion Rate, multiplied by (2) the average of the Sale Prices of Common Stock on each of the ten consecutive Trading Days in the Applicable Conversion Reference Period.
This being the case, no generalizations for all PCV teachers all over Madagascar are made.
In the event that the Company announces a dividend on its common stock with a record date falling during the Applicable Conversion Reference Period, the Company will make a corresponding adjustment to the conversion rate applicable to the Notes.