Class B Conversion Price definition

Class B Conversion Price means an amount equal to $15.00 per Class B Unit (as adjusted for splits and combinations).
Class B Conversion Price means, subject to Section 5.12(d)(ix), the Class B Preferred Unit Price.
Class B Conversion Price has the meaning specified in Section 14.1 hereof.

Examples of Class B Conversion Price in a sentence

  • Also, if the day of allotment to shareholders is set, the Class B Conversion Price after adjustment will be applied on and after the day following such day of allotment to shareholders.

  • Class B Conversion Price after adjustment Class B Conversion Price before adjustment Number of issued and outstanding common sharesbefore the Share Split, etc.=×Number of issued and outstanding common sharesafter the Share Split, etc.

  • They constitute a subjective environment that includes a system of ideas, attitudes, values and commitments that are components of the primary construct.

  • Class B Class B Total Number of Number of Allotted Shares × Value per share Conversion Price = Conversion Price ×Shares + Class B Conversion Price before after adjustment before adjustment adjustment Total Number of Shares + Number of Allotted Shares The Class B Conversion Price after adjustment will be applied on and after the effective date of such merger, share exchange, or company spilt.

  • If JDI issues shares that can be converted into its common shares (including the case of an allotment of shares without contribution), and the price determined by its board of directors meeting as a price of consideration per common share to be delivered upon the conversion of such shares is less than the Class B Conversion Price before adjustment, JDI will adjust the Class B Conversion Price based on the formula below.

  • In these Conditions of the Class B Preferred Shares of Japan Display Inc., the "Total Number of Shares" means the number obtained by adding (i) the number of common shares underlying the issued and outstanding Potential Shares (excluding those held by JDI) as of the day before the date on which the Class B Conversion Price after the adjustment is applied to (ii) the number of issued and outstanding common shares as of the same day (excluding those held by JDI).

  • If such Allotted Shares can be converted into its common shares, such value will be a converted amount per common share; hereinafter the same) is less than the Class B Conversion Price before adjustment, JDI will adjust the Class B Conversion Price based on the following formula.


More Definitions of Class B Conversion Price

Class B Conversion Price means the then-effective Class B Conversion Price, which shall initially be the Class B Ordinary Share Purchase Price (as appropriately adjusted for any share split, dividend, combination or other recapitalization or like transactions).
Class B Conversion Price has the meaning specified in Section 3.9(d).
Class B Conversion Price means $2.8626.

Related to Class B Conversion Price

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Conversion Amount means the sum of the Stated Value at issue.

  • Alternate Conversion Price means, with respect to any Alternate Conversion that price which shall be the lowest of (i) the applicable Conversion Price as in effect on the applicable Conversion Date of the applicable Alternate Conversion, and (ii) the greater of (x) the Floor Price and (y) 80% of the lowest VWAP of the Common Stock during the five (5) consecutive Trading Day period ending and including the Trading Day immediately preceding the delivery or deemed delivery of the applicable Conversion Notice (such period, the “Alternate Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Conversion Measuring Period.

  • Conversion Price shall have the meaning set forth in Section 4(b).

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.