Conversion Ratio definition
Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.
Conversion Ratio means, at any time, a fraction, of which the numerator is the outstanding principal amount represented by any Note plus accrued but unpaid interest, and of which the denominator is the Conversion Price at such time.
Conversion Ratio means, at any time, a fraction, the numerator of which is the then outstanding principal amount represented by the Debentures plus accrued but unpaid interest thereon, and the denominator of which is the conversion price at such time.
Examples of Conversion Ratio in a sentence
Following the payment of the Liquidation Preference, the holders of the Series B Convertible Preferred Stock shall be entitled to receive the amount that such holders would have been entitled to receive if the Series B Convertible Preferred Stock were fully converted (disregarding for such purpose any conversion limitations hereunder) to Common Stock at the Conversion Ratio (as defined below), which amounts shall be paid pari passu with all holders of Common Stock.
Successive adjustments in the Conversion Ratio shall be made whenever any event specified above shall occur.
More Definitions of Conversion Ratio
Conversion Ratio means on any date of determination the applicable percentage of the Market Price for conversion of shares of Series A Preferred Stock into Common Shares on such day as set forth in Section 6.1.
Conversion Ratio means, at any time, a fraction, of which the numerator is Stated Value plus accrued but unpaid dividends, and of which the denominator is the Conversion Price at such time.
Conversion Ratio means, at any time, a fraction, of which the numerator is Stated Value plus accrued but unpaid dividends (including any accrued but unpaid interest thereon) but only to the extent not paid in shares of Common Stock in accordance with the terms hereof, and of which the denominator is the Conversion Price at such time.
Conversion Ratio means, at any time, a fraction, the numerator of which is the Liquidation Value and the denominator of which is the Conversion Price at such time.
Conversion Ratio has the meaning set forth in Section 2.2(a).
Conversion Ratio shall have the meaning set forth in Section 6(b).
Conversion Ratio shall have the meaning set forth in the Certificate of Designation.