Conversion Portion definition

Conversion Portion means an amount equal to 28% of the aggregate cash proceeds raised by the Borrower from the issuance and sale of Series K Preferred Stock during the Series K Exception Period. [New Definition]
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Conversion Portion is defined in Section 2.7.
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Conversion Portion means an amount equal to 28% of the aggregate cash proceeds raised by the Borrower from the issuance and sale of Series K Preferred Stock during the Series K Exception Period.
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Examples of Conversion Portion in a sentence

  • Numerous investigations address this problem but so far without reaching any total success.

  • Fig 5-5 User map of recovery services of baby carriages (Wu Ting.2011) Some families, have already owned baby carriages, prefer to sell these products by themselves.

  • At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower, the Collateral Agent and the Servicer) or the Borrower may request (with notice to the Administrative Agent, the Collateral Agent and the Servicer) that any portion (such portion, the "Requested Conversion Portion") of the outstanding Revolving Loans be converted to a Term Loan equal to such Requested Conversion Portion.

  • If any Vendor Purchaser elects not to convert its full Conversion Portion (a "Non-Converting Vendor Purchaser"), the Converting Vendor Purchasers shall recalculate each of their respective Conversion Portions in accordance with this Section 2.1(e)(i).

  • If, on or prior to a proposed Conversion Date, the Borrower has given its prior written consent to conversion of the Requested Conversion Portion as of such Conversion Date, then, on such Conversion Date, the Commitments of such Senior Lender shall be permanently reduced by such Converted Portion and such Converted Portion shall not be re-borrowed at any time.

  • Pursuant to that agreement, Defendants produced discovery to McKee in August 2015.____________3 On November 2, 2015, the parties in the Indiana Securities Action entered into a Stipulation and Agreement of Settlement to resolve the Indiana Securities Action in its entirety.

  • The Facility Agent and the Borrower each agrees to not convert any Requested Conversion Portion if, after giving effect to such conversion, a Commitment Shortfall would exist.

  • The Conversion Portion calculated hereunder shall be for estimate purposes only and the final conversion amount shall be determined by mutual agreement of the Converting Vendor Purchasers on the Conversion Date in respect of such Initial Exchange Debt.

  • If the Equity Option is exercised by Scandium, EMC shall issue to Scandium the number of EMC Shares calculated by: where: ‘N’ is the Number of EMC Shares issued to Scandium, ‘V’ is the fair market value of the Equity Conversion Portion to be acquired by EMC pursuant to the Equity Option, and ‘E’ is the market value of the EMC Shares (as defined in the TSX Company Manual) on the TSX or the principal market on which the EMC Shares are traded as at the date of Scandium’s exercise of the Equity Option.

  • In the event the Holder elects to convert any Conversion Portion into Common Stock, such Conversion Portion shall convert into that number of shares of Common Stock of the Company as shall equal such Conversion Portion divided by $4.67134.


More Definitions of Conversion Portion

Conversion Portion is defined in Section 2.1(e)(i).
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Conversion Portion has the meaning set forth in Section 8.5.2 hereof.
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Conversion Portion means a number of all outstanding Preferred Units owned by Members other than the Cindat Member equal to (i) the number of Preferred Units purchased by the Cindat Member pursuant to Section 8.5.1, divided by 0.70, minus (ii) the number of Preferred Units purchased by the Cindat Member pursuant to Section 8.5.1. For the avoidance of doubt, the purpose of this Section 8.5.2 is to provide that (A) all Preferred Units purchased by the Cindat Member shall automatically be deemed Common Interests, and (B) a portion (which may be all) of the Preferred Units retained by other Preferred Members shall be converted to Common Interests to cause the Common Percentage Interests of all Members after such purchase to be the same as immediately prior to any such purchase.
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Related to Conversion Portion

  • 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.

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

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • 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:

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

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

  • Mandatory Conversion shall have the meaning set forth in Section 6.

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

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

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Stock Conversion Number shall have the meaning set forth in Section 3.2.1.

  • 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.

  • Forced Conversion shall have the meaning set forth in Section 6(d).

  • 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.

  • Conversion Factor means 1.0, provided that in the event that the General Partner (i) declares or pays a dividend on its outstanding REIT Shares in REIT Shares or makes a distribution to all holders of its outstanding REIT Shares in REIT Shares, (ii) subdivides its outstanding REIT Shares, or (iii) combines its outstanding REIT Shares into a smaller number of REIT Shares, the Conversion Factor shall be adjusted by multiplying the Conversion Factor by a fraction, the numerator of which shall be the number of REIT Shares issued and outstanding on the record date for such dividend, distribution, subdivision or combination (assuming for such purposes that such dividend, distribution, subdivision or combination has occurred as of such time), and the denominator of which shall be the actual number of REIT Shares (determined without the above assumption) issued and outstanding on such date and, provided further, that in the event that an entity other than an Affiliate of the General Partner shall become General Partner pursuant to any merger, consolidation or combination of the General Partner with or into another entity (the “Successor Entity”), the Conversion Factor shall be adjusted by multiplying the Conversion Factor by the number of shares of the Successor Entity into which one REIT Share is converted pursuant to such merger, consolidation or combination, determined as of the date of such merger, consolidation or combination. Any adjustment to the Conversion Factor shall become effective immediately after the effective date of such event retroactive to the record date, if any, for such event; provided, however, that if the General Partner receives a Notice of Redemption after the record date, but prior to the effective date of such dividend, distribution, subdivision or combination, the Conversion Factor shall be determined as if the General Partner had received the Notice of Redemption immediately prior to the record date for such dividend, distribution, subdivision or combination.

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

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.

  • Conversion Number means the number, or formula for determining the number, of ordinary Shares into which a Converting Preference Share will convert upon conversion.

  • Conversion and “Converted” each refers to a conversion of Advances of one Type into Advances of the other Type pursuant to Section 2.08 or 2.09.

  • Total Current Voting Power means, with respect to any entity, at the time of determination of Total Current Voting Power, the total number of votes which may be cast in the election of members of the board of directors of the corporation if all securities entitled to vote in the election of such directors are present and voted (or, in the event the entity is not a corporation, the governing members, board or other similar body of such entity).

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

  • Forced Conversion Notice shall have the meaning set forth in Section 6(d).

  • 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 Consideration shall have the meaning specified in Section 14.12(a).

  • 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.

  • Make-Whole Fundamental Change Conversion Period has the following meaning: