Conversion Settlement Amount definition

Conversion Settlement Amount means such amount as, in the opinion of the Calculation Agent (such opinion to be made by the Calculation Agent, in its sole and absolute discretion), is fair in the circumstances by way of compensation for the termination of the Notes.

Conversion Settlement Amount has the meaning specified in Section 10.13.

Conversion Settlement Amount shall have the meaning specified in Section 9.02(a)(3).

Examples of Conversion Settlement Amount in a sentence

• If the Issuer determines that the Securities shall be terminated, then the Securities shall cease to be exercisable (or, in the case of any Securities which have been exercised, the entitlements of the respective exercising Securityholders to receive Underlying Securities or the Cash Settlement Amount, as the case may be, pursuant to such exercise, shall cease) and the Issuer's obligations under the Securities shall be satisfied in full upon payment of the Conversion Settlement Amount.

• The Company’s delivery of the full Conversion Settlement Amount upon conversion shall be deemed to satisfy in full its obligation to pay the principal amount of the Security and accrued and unpaid interest, if any, to, but not including, the relevant Conversion Date.

More Definitions of Conversion Settlement Amount

Conversion Settlement Amount means the sum of the Daily Settlement Amounts for each of the 20 Trading Days during the Conversion Period.

Conversion Settlement Amount means the sum of the Daily Settlement Amounts for each of the 50 VWAP Trading Days in the relevant Conversion Reference Period.

Conversion Settlement Amount has the meaning specified in Section 10.12.

Conversion Settlement Amount means an amount which the Determination Agent, acting in a commercially reasonable manner, determines is the fair value to the Securityholder of a Security with terms that would preserve the economic equivalent of any payment or delivery (assuming satisfaction of each applicable condition precedent) to which the Securityholder would have been entitled under the Security but for the occurrence of the Conversion, less the cost to the Issuer of, or the loss realised by the Issuer on, unwinding any related underlying hedging arrangements, the amount of such cost or loss being as determined by the Determination Agent in its sole and absolute discretion.

Conversion Settlement Amount shall have the meaning as defined under Section 4.04.

Conversion Settlement Amount equal to the sum of the Daily Settlement Amounts for each of the 20 Trading Days during the Conversion Settlement Averaging Period, provided that in no event shall the Company issue upon conversion of Debentures more than 19.7571 shares of Common Stock per $1,000 principal amount of Debentures, subject to adjustments in the same manner as and as of any date on which the Conversion Rate is adjusted.

Conversion Settlement Amount means the sum of the Daily Settlement Amounts for each of the 20 consecutive VWAP Trading Days in the applicable Observation Period.