Common use of Adjustment to the Conversion Price Clause in Contracts

Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:

Appears in 3 contracts

Samples: Indenture (BMB Munai Inc), Bema Gold Corp /Can/, BMB Munai Inc

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Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: A where:

Appears in 2 contracts

Samples: Indenture (BMB Munai Inc), Bema Gold Corp /Can/

Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: A + B A + C where:

Appears in 1 contract

Samples: Indenture (BMB Munai Inc)

Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:

Appears in 1 contract

Samples: Bema Gold Corp /Can/

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Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:: A = the number of Shares in issue immediately before such alteration; and B = the number of Shares in issue immediately after such alteration.

Appears in 1 contract

Samples: Bema Gold Corp /Can/

Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: A – B A where:

Appears in 1 contract

Samples: Indenture (BMB Munai Inc)

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