Class C Conversion Price definition

Class C Conversion Price means the then-effective Class C Conversion Price, which shall initially be the Class C Ordinary Share Purchase Price (as appropriately adjusted for any share split, dividend, combination or other recapitalization or like transactions).
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Class C Conversion Price means the conversion price per share for the Class C Preferred Shares, which shall initially equal to the applicable Class C Original Purchase Price and is subject to the adjustment provided under Section 5.3.3.
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Class C Conversion Price shall have the meaning set forth in the Certificate of Incorporation.
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Examples of Class C Conversion Price in a sentence

  • The initial Class C Conversion Price per share for shares of Class C Preferred Stock shall be the Original Class C Share Price; provided, however, that the Class C Conversion Price for the Class C Preferred Stock shall be subject to adjustment as set forth in Sections 3(c)(iv) and 3(c)(v).

  • In such case only stockholders of record on such record date shall have such right, notwithstanding any transfer of stock on the books of the Corporation after the record date.

  • The exercise price (the “Warrant Price”) for the Warrant shall equal either the Class C Conversion Price or the Alternate Conversion Price, as the case may be, used to determine the number of securities issuable upon exercise of the Warrant under Section 1.1.

  • For records retention requirements, refer to the Code of Federal Regulations, Title 48: Federal Acquisition Regulations System, Part 4 – Administrative Matters, Subpart 4.8 – Government Contract Files, Section 4.805 – Storage, Handling, and disposal of contract files.

  • The conversion price at which shares of Common Stock shall be deliverable upon conversion of Preferred Stock without the payment of additional consideration by the holder thereof (the "Conversion Price") shall initially be $7.84 for the Class A Preferred Stock (the "Class A Conversion Price"), $8.795 for the Class B Preferred Stock (the "Class B Conversion Price"), and $27.101 for the Class C Preferred Stock (the "Class C Conversion Price").

  • No adjustment in the Class C Conversion Price or the Class C-2 Conversion Price shall be made as the result of the issuance or deemed issuance of Additional Shares if the Company receives written notice from the holders of a majority of the then outstanding Class C Preferred Shares and Class C-2 Preferred Shares, voting together as a single class, agreeing that no such adjustment shall be made as the result of the issuance or deemed issuance of such Additional Shares.

  • If the Company, at any time or from time to time after the Original Issue Date, combines the outstanding Class A Common Shares, the Class C Conversion Price in effect immediately before the combination shall be proportionately increased so that the number of Class A Common Shares issuable on conversion of each share of such class be decreased in proportion to such decrease in the aggregate number of Class A Common Shares outstanding.

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

  • The Class C Conversion Price after adjustment will be applied, in the case of a share split, on and after the day following the record date of such share split, in the case of a consolidation of shares or allotment of shares without contribution, on and after the effective date of such consolidation of shares or allotment of shares without contribution (if a record date is set, on and after the day following such record date).

  • The "Class C Conversion Price" shall initially be equal to $3.76.


More Definitions of Class C Conversion Price

Class C Conversion Price means the Original Subscription Price plus the amount of all declared but unpaid dividends per Class C Preferred Share as such amount is adjusted from time to time pursuant to Articles 31.5(4), 31.5(5), 31.5(6), 31.5(7) and 31.5(8).
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Class C Conversion Price shall have the meaning set forth in Section 4.11(b).
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Class C Conversion Price shall initially be equal to $3.76. Such initial Class C Conversion Price, and the rate at which units of Class C Partnership Interests may be converted into Units of Class D Partnership Interests, shall be subject to adjustment as provided in Section 6.3.
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Related to Class C 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.

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • 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.

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • 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:

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

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

  • Adjusted Conversion Price means the lesser of the Fixed Conversion Price or the Floating Conversion Price one day prior to the record date set for the determination of stockholders entitled to receive dividends, distributions, rights or warrants as provided for in Sections 4(c)(ii), (iii) and (iv).

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

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

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 90% of the lesser of (i) the average of the VWAPs for the 20 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 20 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 such delivery is after the Interest Payment Date.

  • Variable Conversion Price means the lesser of (i) the Conversion Price or (ii) 25% multiplied by the Market Price (as defined herein) (representing a discount rate of 75%). “Market Price” means the average of the lowest three (3) Trading Prices (as defined below) for the Common Stock during the ten (10) Trading Day period ending on the latest complete Trading Day prior to the Conversion Date. “Trading Price” means, for any security as of any date, the closing bid price on the Over-the-Counter Market, or applicable trading market (the “OTCQB”) as reported by a reliable reporting service (“Reporting Service”) designated by the Holder (i.e. Bloomberg) or, if the OTCQB is not the principal trading market for such security, the closing bid price of such security on the principal securities exchange or trading market where such security is listed or traded or, if no closing bid price of such security is available in any of the foregoing manners, the average of the closing bid prices of any market makers for such security that are listed in the “pink sheets” by the National Quotation Bureau, Inc. If the Trading Price cannot be calculated for such security on such date in the manner provided above, the Trading Price shall be the fair market value as mutually determined by the Borrower and the holders of a majority in interest of the Notes being converted for which the calculation of the Trading Price is required in order to determine the Conversion Price of such Notes. “Trading Day” shall mean any day on which the Common Stock is tradable for any period on the OTCQB, or on the principal securities exchange or other securities market on which the Common Stock is then being traded, provided, however, that at no time, notwithstanding the occurrence of an Event of Default, may the Conversion Price be less than par value of Common Stock.

  • Applicable Conversion Price means the Conversion Price in effect at any given time.

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

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • 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 means as of any time, $1,000, divided by the Conversion Rate as of such time.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

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

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

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • 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.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).