Conversion Ratios Sample Clauses

Conversion Ratios. The parties agree to the following minimum performance standards for FMN.
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Conversion Ratios. At the Effective Time, by virtue of the Merger and without any action on the part of Merger Sub or the Company or the holders of any of the Company's Capital Stock:
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Conversion Ratios. (a) Each share of Series A Preferred Stock shall be convertible, at the option of the holder thereof, at any time and from time to time, and without the payment of additional consideration by the holder thereof, into such number of fully paid and
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Conversion Ratios. 5.5.1. The IC shall convert energy efficiency surveys to signed Customer Authorization Forms at a minimum rate of 65% each month (or at a rate of 45% each month from the Effective Date through December 31, 2012) (the “Conversion Ratio Metric”). Measurement of this Conversion Ratio Metric will be monitored on a monthly basis.
Sample 1
Conversion Ratios. Except as provided below, the "Series D ----------------- Conversion Ratio" shall be equal to that number of shares of Entrust Common Stock that has a value (based upon an appraisal by independent competent appraisers engaged by the Company) equal to $11.82 (representing $9.46 per share (the "Liquidating Amount") plus $2.36 per share (the "Participating Amount") as set forth in Section 2 of Article IV of the Company's Articles of Incorporation). Except as provided below, the "Common Conversion Ratio" shall be equal to a fraction, (x) the numerator of which shall be the Total Consideration minus that number of shares of Entrust Common Stock that is equal to the Series D Conversion Ratio multiplied by the sum of (A) the number of shares of Series D Preferred (if any) outstanding immediately prior to the Effective Time and (B) the number of shares of Series D Preferred subject to the Warrant dated April 11, 2000 issued to Xxxxxxxx Consulting (the "Series D Warrant") (if any) outstanding immediately prior to the Effective Time and (y) the denominator of which shall be the sum of (i) the number of shares of Company Common Stock issued and outstanding immediately prior to the Effective Time (other than Company Shares held in the Company's treasury) and (ii) the number of shares of Company Common Stock issuable upon exercise of the Options (as defined below) and Warrants (as defined below), issued and outstanding immediately prior to the Effective Time, whether vested, unvested or subject to repurchase by the Company following such exercise. Notwithstanding the foregoing, in the event the Common Conversion Ratio is equal to a number of shares of Entrust Common Stock, the value (based upon an appraisal by independent competent appraisers engaged by the Company) per share of which is less than the Participating Amount, then (1) the Series D Conversion Ratio shall be equal to that number of shares of Entrust Common Stock that has a value per share (based upon an appraisal by independent competent appraisers engaged by the Company) equal to the Liquidating Amount (such number of shares being referred to as the "Liquidating Portion") plus that number of shares of Entrust Common Stock equal to the Common Conversion Ratio set forth in clause (2) of this sentence; and (2) the Common Conversion Ratio shall be equal to a fraction, (x) the numerator of which shall be the Total Consideration minus that number of shares of Entrust Common Stock that is equal to the Liquidating...
Sample 1
Conversion Ratios. The following minimum performance standards shall apply to MDC's conversion of ILSI Loans from the indicated stage or category to a closed and funded loan.
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Related to Conversion Ratios

  • Conversion Ratio The “Conversion Ratio” for each share of Series A Preferred Stock shall be equal to the Stated Value divided by the Conversion Price.

  • Adjustments to Conversion Ratios The number of Ordinary Shares that the holders of Rights are entitled to receive as a result of the occurrence of an Exchange Event shall be equitably adjusted to reflect appropriately the effect of any share split, reverse share split, share dividend, reorganization, recapitalization, reclassification, combination, exchange of shares or other like change with respect to the Ordinary Shares occurring on or after the date hereof and prior to the Exchange Event.

  • Conversion Rate The number of shares of Common Stock issuable upon conversion of any Conversion Amount pursuant to Section 3(a) shall be determined by dividing (x) such Conversion Amount by (y) the Conversion Price (the “Conversion Rate”).

  • Adjustment of Conversion Rate The Conversion Rate shall be adjusted from time to time by the Company if any of the following events occurs, except that the Company shall not make any adjustments to the Conversion Rate if Holders of the Notes participate (other than in the case of (x) a share split or share combination or (y) a tender or exchange offer), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 14.04, without having to convert their Notes, as if they held a number of shares of Common Stock equal to the Conversion Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

  • Notice of Conversion Rate Adjustments Upon the effectiveness of any adjustment to the Conversion Rate pursuant to Section 5.05(A), the Company will promptly send notice to the Holders, the Trustee and the Conversion Agent containing (i) a brief description of the transaction or other event on account of which such adjustment was made; (ii) the Conversion Rate in effect immediately after such adjustment; and (iii) the effective time of such adjustment.

  • Conversion Price The conversion price in effect on any Conversion Date shall be equal to $0.03, subject to adjustment herein (the “Conversion Price”).

  • Adjustments to Conversion Rate The Conversion Rate shall be adjusted from time to time by the Company as follows:

  • Conversion Privilege and Conversion Rate Subject to and upon compliance with the provisions of this Article, at the option of the Holder thereof, any Security or any portion of the principal amount thereof that is U.S.$1,000 or an integral multiple of U.S.$1,000 may be converted into fully paid and nonassessable shares (calculated as to each conversion to the nearest 1/100th of a share) of Common Stock of the Company at the Conversion Rate, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall commence upon the original issuance of the Securities and expire at the close of business on December 1, 2004, subject, in the case of conversion of any Global Security, to any Applicable Procedures. In case a Security or portion thereof is called for redemption at the election of the Company or the Holder thereof exercises his right to require the Company to repurchase the Security, such conversion right in respect of the Security, or portion thereof so called, shall expire at the close of business on the Business Day immediately preceding the Redemption Date or the Repurchase Date, as the case may be, unless the Company defaults in making the payment due upon redemption or repurchase, as the case may be (in each case subject as aforesaid to any Applicable Procedures with respect to any Global Security). The rate at which shares of Common Stock shall be delivered upon conversion (herein called the "Conversion Rate") shall be initially 13.5323 shares of Common Stock for each U.S.$1,000 principal amount of Securities. The Conversion Rate shall be adjusted in certain instances as provided in this ARTICLE ELEVEN.

  • Conversion Price Adjustments The conversion price shall be subject to adjustment (without duplication) from time to time as follows:

  • Adjustments to the Conversion Rate (A) Events Requiring an Adjustment to the Conversion Rate. The Conversion Rate will be adjusted from time to time as follows:

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