Base Conversion Rate definition

Base Conversion Rate means 16.3720 shares of Common Stock, subject to adjustment as set forth in Section 12.11 per $1,000 Principal Amount of Securities.
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Base Conversion Rate means, in respect of each $1,000 principal amount of Securities, a number of shares of Common Stock (initially approximately [ ]) determined by dividing $1,000 by the Base Conversion Price, subject to adjustments set forth in Section 9.05 hereof.
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Base Conversion Rate has the meaning specified in Section 4.02(a).
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Examples of Base Conversion Rate in a sentence

  • If such dividend or distribution is not so paid or made, the Base Conversion Rate shall again be adjusted to be the Base Conversion Rate that would then be in effect if such dividend or distribution had not been declared.

  • With respect to any DCC Transaction, it is understood that the difference between the Purchase Amount (at the Base Conversion Rate) and the Cardholder Settlement Amount will incur Interchange costs and assessment costs (“Interchange Differential”).

  • Whenever the Base Conversion Rate is adjusted as herein provided, the Company shall promptly file with the Trustee and any Conversion Agent other than the Trustee, an Officer’s Certificate setting forth the Base Conversion Rate after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

  • In the event that such rights or warrants are not so issued, the Base Conversion Rate shall again be adjusted to be the Base Conversion Rate which would then be in effect if the announcement with respect to such rights, warrants or convertible securities had not been made.

  • Unless and until a Trust Officer of the Trustee shall have received such Officer’s Certificate, the Trustee shall not be deemed to have knowledge of any adjustment of the Base Conversion Rate and may assume that the last Base Conversion Rate of which it has knowledge is still in effect.


More Definitions of Base Conversion Rate

Base Conversion Rate shall initially be 555.6 shares of Common Stock per $1,000 principal amount of Securities, subject to adjustment as provided in Article 9.
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Base Conversion Rate means the currency conversion rate announced or published by the Approved Quotation Standard for the Approved Currency in which the Cardholder’s Card is denominated that is applicable on the date of the Transaction.
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Base Conversion Rate means, with respect to a series of Existing Notes, the Base Conversion Rate as set forth in the applicable Indenture for such series of Existing Notes (and subject to the same adjustments as set forth therein). For the avoidance of doubt, the Base Conversion Rates as of the date hereof are 16.4786, 10.5670 and 10.7558 for the 2025 Notes, 2027 Notes and 2037 Notes respectively.
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Base Conversion Rate shall have the meaning specified in Section 14.01(a).
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Base Conversion Rate means 1.0.
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Base Conversion Rate per $1,000 principal amount of Securities is 15.4204, subject to adjustment as set forth in Section 5.03 and Section 5.07 hereof.
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Base Conversion Rate means 12.3077 shares of Common Stock, subject to adjustment as set forth in Section 11.10.
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