Conversion Rate definition

Conversion Rate shall have the meaning specified in Section 14.01(a).

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Conversion Rate initially means 6.0118 ADSs per $1,000 principal amount of Notes; provided, however, that the Conversion Rate is subject to adjustment pursuant to Article 5; provided, further, that whenever this Indenture refers to the Conversion Rate as of a particular date without setting forth a particular time on such date, such reference will be deemed to be to the Conversion Rate immediately after the Close of Business on such date.

Conversion Rate means initially [ ] shares of Common Stock per $100 principal amount of Notes, subject to adjustment as set forth herein.

Examples of Conversion Rate in a sentence

Except as stated in this Section 4.04, the Company will not adjust the Conversion Rate for the issuance of Common Shares or any securities convertible into or exchangeable for Common Shares or the right to purchase Common Shares or such convertible or exchangeable securities.
If the Company increases the Conversion Rate pursuant to Section 4.05(b), the Company shall deliver notice to the Holders at least two Scheduled Trading Days prior to the date on which such increase will become effective, which notice shall state the date on which such increase will become effective and the amount by which the Conversion Rate will be increased.
If any dividend or distribution of the type described in this Section 4.04(a) is declared but not so paid or made, the Conversion Rate shall be immediately readjusted, effective as of the date the Board of Directors determines not to pay such dividend or distribution, to the Conversion Rate that would then be in effect if such dividend or distribution had not been declared.
If, however, the application of the formulas in Sections 4.04(a) through (e) hereof would result in a decrease in the Conversion Rate, then, except to the extent of any readjustment to the Conversion Rate, no adjustment to the Conversion Rate will be made (other than as a result of a reverse share split or share combination).
GOLAR LNG LIMITED By: Name: Title: ▇▇ ▇▇▇▇ ▇▇▇▇ Director [Signature Page to Indenture] /s/ ▇▇ ▇▇▇▇ ▇▇▇▇ CITIBANK, N.A., as Trustee, Conversion Agent, Paying Agent and Registrar By: Name: ▇▇▇ ▇▇▇▇▇ Title: Senior Trust Officer [Signature Page to Indenture] /s/ ▇▇▇ ▇▇▇▇▇ SCHEDULE A The following table sets forth the number of Additional Shares by which the Conversion Rate shall be increased pursuant to Section 4.06 based on the Share Price and the Effective Date set forth below.

More Definitions of Conversion Rate

Conversion Rate means the relevant conversion rate as determined by Bloomberg Index Services Limited for the Valuation Date and as published on the website http://www.bloomberg.com/markets/currencies/fx-fixings around 2:00 pm (local time Frankfurt am Main) (BFIX).

Conversion Rate initially means 326.7974 shares of Common Stock per $1,000 principal amount of Notes; provided, however, that the Conversion Rate is subject to adjustment pursuant to Article 5; provided, further, that whenever the Indenture refers to the Conversion Rate as of a particular date without setting forth a particular time on such date, such reference will be deemed to be to the Conversion Rate immediately after the Close of Business on such date.

Conversion Rate has the meaning assigned to such term in the Indenture.

Conversion Rate means the price of USD 1.00 in SEK, as actually traded on the international interbank spot market on the Valuation Date at such point in time at which the Reference Price of the Underlying is determined and published.

Conversion Rate has the meaning specified in Section 15.04.

Conversion Rate has the meaning specified in Section 7.14.

Conversion Rate has the meaning specified in Section 10.1.