Conversion Price definition

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

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

Conversion Price shall have the meaning ascribed to such term in the Certificate of Designation.

Examples of Conversion Price in a sentence

• Whenever the Conversion Price is adjusted pursuant to any provision of this Section 7, the Corporation shall promptly deliver to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

• In lieu of any fractional shares to which the Holder would otherwise be entitled, the Maker shall pay cash equal such fractional shares multiplied by the Conversion Price then in effect.

• For purposes of any such conversion, the determination of the Conversion Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one share of Common Stock in such Fundamental Transaction, and the Corporation shall adjust the Conversion Price in respect of the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration.

• The Holder shall be entitled to receive, on an as-converted basis, any dividends paid or distributions on Common Stock as if this Note were converted into shares of Common Stock (without regard to limitations on conversion) immediately prior to the record date for such dividend or distribution, at the Conversion Price.

• If the Maker shall at any time or from time to time after the Closing Date (but whether before or after the Issuance Date) effect a split or other subdivision of the outstanding Common Stock, the applicable Conversion Price in effect immediately prior to the stock or share split shall be proportionately decreased.

More Definitions of Conversion Price

Conversion Price shall have the meaning ascribed to such term in the Debentures.

Conversion Price means, as of any time, an amount equal to (A) one thousand dollars ($1,000) divided by (B) the Conversion Rate in effect at such time.

Conversion Price shall have the meaning ascribed to such term in the Notes.

Conversion Price means, as of any Conversion Date or other date of determination, $[ ]1, subject to adjustment as provided herein.

Conversion Price means as of any time, $1,000, divided by the Conversion Rate as of such time. “Conversion Rate” shall have the meaning specified in Section 14.01(a).

Conversion Price means, as of any Conversion Date (as defined below) or other date of determination, and subject to adjustment as provided herein, $1.10.

Conversion Price means, with respect to each Preferred Share, as of any Conversion Date or other date of determination, $0.02, subject to adjustment as provided herein.