Interest Conversion Shares shall have the meaning set forth in Section 2(a).
Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.
Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).
Forced Conversion Notice shall have the meaning set forth in Section 6(d).
Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).
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.
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.
Mandatory Conversion Date has the meaning set forth in Section 7(a).
Make-Whole Fundamental Change Conversion Period has the following meaning:
Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.
Conversion Right has the meaning provided in Section 4.5(a) hereof.
Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.
Series A Redemption Notice has the meaning set forth in Section 16.6(b).
Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.
Automatic Conversion means the irrevocable and automatic release of all of the Issuer’s obligations under the Securities (other than the CSO Obligations, if any) in consideration of the Issuer’s issuance of the Conversion Shares at the Conversion Price to the Conversion Shares Depository (on behalf of the holders of the Securities) or to the relevant recipient, in accordance with the terms of the Securities.
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.
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.
Conversion Date shall have the meaning set forth in Section 4(a).
Early Preference Share Redemption Event means the event that occurs if:
Series A Preferred Units has the meaning assigned to such term in Section 5.11(a).
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.
Mandatory Conversion shall have the meaning set forth in Section 6.
Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.
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:
Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.
Series C Preferred Units shall have the meaning provided in Section 1.