Conversion Reference Period definition

Conversion Reference Period means (a) for Notes that are converted during the period beginning on the 23rd scheduled Trading Day prior to the Maturity Date, the twenty consecutive Trading Days beginning on, and including, the 20th scheduled Trading Day prior to the Maturity Date and (b) in all other instances, the twenty consecutive Trading Days beginning on the third Trading Day following the Conversion Date.

Conversion Reference Period means (a) for Securities that are converted during the period beginning on the 30th day prior to the Maturity Date, the ten consecutive Trading Days beginning on the third Trading Day following the Maturity Date and (b) in all other instances, the ten consecutive Trading Days beginning on the third Trading Day following the Conversion Date.

Conversion Reference Period. For any Exercise Date, the “conversion reference period” as defined in the Note Indenture with respect to the Conversion Date occurring on such Exercise Date.

Examples of Conversion Reference Period in a sentence

• Subject to the delivery of an Exercise Notice to the Seller, the third (3rd) Exchange Business Day following the final Trading Day in the applicable Conversion Reference Period in respect of the relevant Conversion Date.

• In lieu of any fractional shares, the Company shall pay an amount in cash equal to the applicable fraction of a share multiplied by the arithmetic average of the Volume Weighted Average Price of the Common Stock for the 40 consecutive Trading Days of the Conversion Reference Period, rounding to the nearest whole cent.

• If the Company does not specify a Cash Percentage by the start of the applicable Conversion Reference Period, the Company shall settle 100% of the Daily Share Amount for each Trading Day in the applicable Conversion Reference Period with shares of Common Stock; provided, however, that the Company will pay cash in lieu of fractional shares otherwise issuable upon conversion of such Security, pursuant to Section 10.03 hereof.

• The number of shares deliverable in respect of each Trading Day in the applicable Conversion Reference Period will be a percentage of the Daily Share Amount equal to 100% minus the Cash Percentage.

• Upon making a determination that a percentage of the Daily Share Amount will be settled in cash, the Company shall promptly issue a press release and disclose such information on its website prior to the first Trading Day of the applicable Conversion Reference Period.

More Definitions of Conversion Reference Period

Conversion Reference Period with respect to any Note surrendered for conversion means: (i) subject to clause (ii), if the relevant Conversion Date occurs prior to October 15, 2028, the 40 consecutive VWAP Trading Day period beginning on, and including, the third VWAP Trading Day immediately succeeding such Conversion Date; (ii) if the relevant Conversion Date occurs on or after the date of the Company’s issuance of a Redemption Notice pursuant to Section 15.02 and on or prior to the second Business Day immediately preceding the relevant Redemption Date, the 40 consecutive VWAP Trading Days beginning on, and including, the 41st Scheduled Trading Day immediately preceding such Redemption Date; and (iii) subject to clause (ii), if the relevant Conversion Date occurs on or after October 15, 2028, the 40 consecutive VWAP Trading Days beginning on, and including, the 41st Scheduled Trading Day immediately preceding the Maturity Date.

Conversion Reference Period means (i) for Debentures that are converted after the Company has specified a Redemption Date, the ten consecutive Trading Days beginning on the third Trading Day following the Redemption Date (in the case of Debentures being converted which were previously called for redemption, including a partial redemption, this shall apply only to those Debentures that are subject to redemption); (ii) for Debentures that are converted during the period beginning on the 30th day prior to the Final Maturity Date of the Debentures, the ten consecutive Trading Days beginning on the third Trading Day following the Final Maturity Date; and (iii) in all other instances, the ten consecutive Trading Days beginning on the third Trading Day following the Conversion Date.

Conversion Reference Period with respect to any Note surrendered for conversion means: (i) subject to clause (ii), if the relevant Conversion Date occurs prior to the 45th Scheduled Trading Day immediately preceding the Maturity Date, the 40 consecutive VWAP Trading Day period beginning on, and including, the third VWAP Trading Day immediately succeeding such Conversion Date; (ii) if the relevant Conversion Date occurs on or after the date of the Company’s issuance of a Redemption Notice pursuant to Section 15.02 and prior to the Scheduled Trading Day immediately preceding the relevant Redemption Date, the 40 consecutive VWAP Trading Days beginning on, and including, the 41st Scheduled Trading Day immediately preceding such Redemption Date; and (iii) subject to clause (ii), if the relevant Conversion Date occurs on or after the 45th Scheduled Trading Day immediately preceding the Maturity Date, the 40 consecutive VWAP Trading Days beginning on, and including, the 41st Scheduled Trading Day immediately preceding the Maturity Date.

Conversion Reference Period with respect to any Securities means the 20 consecutive Trading Days beginning on the second Trading Day after the Conversion Date, or if the Company elects to pay cash to Holders in lieu of all or a portion of the Residual Value Shares, the second Trading Day after the Conversion Retraction Period ends, except in circumstances where conversions occur within 20 days prior to the Stated Maturity or a specified Redemption Date, in which case the Conversion Reference Period will be the 20 consecutive Trading Days beginning on the fifth Trading Day following the Stated Maturity or the Redemption Date, as the case may be.

Conversion Reference Period has the same meaning as the definition of “Cash Settlement Averaging Period.”

Conversion Reference Period. The 90 consecutive Trading Days beginning on, and including, the 92nd Scheduled Trading Day immediately prior to the “Final Maturity Date” (as defined in the Indenture), subject to “Consequences of Disrupted Days” above.

Conversion Reference Period means the 50 consecutive VWAP Trading Day period: