Change of Control Conversion Price definition

Change of Control Conversion Price has the meaning set forth in Section 5.4(c).

Change of Control Conversion Price has the meaning ascribed thereto in Section 2.4(h)(ii);

Change of Control Conversion Price has the meaning provided in Condition 6.2(j). Change of Control Notice has the meaning provided in Condition 6.7.

Examples of Change of Control Conversion Price in a sentence

• The notice shall specify (i) the applicable Change of Control Conversion Price and early redemption price, (ii) the Bondholders’ entitlement to exercise their Conversion Rights or to exercise their right to require redemption of the Bonds, (iii) the Change of Control Exercise Period and (iv) relevant details concerning the Change of Control.

• The number of Shares required to be issued shall be determined by dividing the Nominal Amount of the Bonds by the Change of Control Conversion Price in effect on the relevant Exercise Date.

• Upon the occurrence of a Change of Control Event, where a Conversion Date falls within the Change of Control Conversion Period and the Issuer in respect of the Bonds within 30 days following the end of the Change of Control Conversion Period gives a notice in accordance with paragraph (c) below, the Conversion Price for the purpose of such exercise shall be the Change of Control Conversion Price.

• The notice shall specify (i) the applicable Change of Control Conversion Price and early redemption price, (ii) the Bondholders’ entitlement to exercise their Conversion Rights or to exercise their right to require redemption of the Bonds, (iii) the Change of Control Conversion Period and (iv) relevant details concerning the Change of Control Event.

• The number of Shares required to be issued shall be determined by dividing the Principal Amount of the Bonds by the Change of Control Conversion Price in effect on the relevant Exercise Date.

More Definitions of Change of Control Conversion Price

Change of Control Conversion Price shall have the meaning given in Clause 10.3.

Change of Control Conversion Price means, with respect to a Change of Control Event, an amount equal to the lesser of (i) Conversion Price and (ii) the price per share of the Common Equity of the Issuer implied by the definitive transaction agreement for such Change of Control Event.

Change of Control Conversion Price means the price per share equal to the lesser of (a) the amount payable on a share of Common Stock in the Change of Control (or, if no such amount is payable, the fair market value of a share of Common Stock at the time), multiplied by the Discount Rate if the SAFE is issued with a Discount; and

Change of Control Conversion Price means (i) in the case of a Going Private Change of Control or an Other Change of Control, the 5-Day VWAP ending on the Trading Day immediately preceding the issuance of the related Final Change of Control Notice, and (ii) in the case of a Ratings Downgrade Change of Control, the 5-Day VWAP ending on the Trading Day immediately preceding the related Change of Control Effective Date.

Change of Control Conversion Price means, as of any date of determination, that price which shall be computed as 95% of the arithmetic average of the Weighted Average Price of the Common Shares during each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the delivery of the Change of Control Redemption Notice (such period, the "Change of Control Measuring Period"); provided, however, that if such arithmetic average of the Weighted Average Price during the Change of Control Measuring Period shall yield a price that is less than $1.00, then the Change of Control Conversion Price shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Shares during the Change of Control Measuring Period. Notwithstanding the foregoing, in the event that as a result of the application of the Exchange Cap the Company is unable to issue Common Shares on the applicable date using the Change of Control Conversion Price as calculated pursuant to the foregoing sentence, then the Change of Control Conversion Price shall be the price equal to the arithmetic average of the Weighted Average Price of the Common Shares during each of the five (5) consecutive Trading Days ending on the Trading Day immediately preceding the delivery of the Change of Control Redemption Notice (such price, the "Adjusted Change of Control Conversion Price").

Change of Control Conversion Price has the meaning provided in Condition 6.2(j).

Change of Control Conversion Price means the price resulting from the following calculation: ECP _ 1+ (CP x (C/T)) where: ECP = the Conversion Price in effect on the Effective Date CP = 0.35 C = the number of days from and including the Effective Date up to but excluding the Maturity Date; T = the number of days from and including the Issue Date up to but excluding the Maturity Date