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 has the meaning set forth in Section 8.5.2 hereof.
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Examples of Conversion Portion in a sentence

  • Should the Converting Holder elect to receive interest owed with respect to the Conversion Portion in cash (as opposed to additional Note Shares), interest with respect to the Conversion Portion shall be paid on the immediately following Interest Payment Date.

  • Value of Conversion Portion = $105 - $66.67 = $38.33 7-5 The convertible bond is a 10-year bond with a face value of $1000 and a coupon rate of 5%.

  • At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower, the Services Provider and each Revolving Lender) 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.

  • At any time during the Commitment Period, the Administrative Agent may request (with notice to the Borrower, the applicable Lenders and the Services Provider) 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.

  • When things are not goingS.Q.Kings Lose To Sports Ministryyou were out?I played for Rubido High School in Riverside, California.

  • 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.

  • Input Variables for the Land Conversion Portion of the Cost Screening ToolVariable Unit Land or Easement Price Dollars/AcreLand Quantity AcresOriginal Land Use CategoricalPost-Conversion Land Use CategoricalLand Above the Fall Line Yes / NoTransaction Costs (legal) Dollars (Optional)Discount rate PercentProject life YearsLand conversion costs Dollars/Acre In some instances, land conversion may also require expenditure of resources to physically transform the original land use to another state.

  • 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 $3.00.

  • On such conversion date, the Conversion Portion shall cease to be outstanding hereunder and the Company shall pay to the Administrative Agent, for the sole account of Nortel, any accrued and unpaid interest on the Conversion Portion of the Notes.

  • It is the employee’s responsibility to ensure that they are adequately insured.


More Definitions of Conversion Portion

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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Conversion Portion is defined in Section 2.1(e)(i).
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Related to Conversion Portion

  • 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.

  • 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;

  • 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 has the meaning set forth in Section 4.05(c) hereof.

  • 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 wholly or partly in REIT Shares or makes a distribution to all holders of its outstanding REIT Shares wholly or partly 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 has the meaning set forth in Section 4.7.C 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 has the meaning set forth in Section 4.05(c) hereof.

  • 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:

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.