Conversion Share Amount definition

Conversion Share Amount means a number of Conversion Shares equal to [ ], which amount represents an agreed to, good faith estimate of the number of Conversion Shares to be included as Registrable Securities hereunder.
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Conversion Share Amount means, on each Conversion Date, a number of Underlying Shares equal to 10% of the applicable Reference Period Volume.
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Conversion Share Amount means the number of shares of the Common Stock equal to the product of the (i) Preferred Conversion Ratio at the time in effect and (ii) the number of shares of the Preferred Stock as to which conversion is occurring. For the avoidance of doubt, if the Preferred Conversion Ratio is 1:4 and the number of shares of the Preferred Stock as to which conversion is occurring is 300, the Conversion Share Amount is 1,200 shares of the Common Stock.
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Examples of Conversion Share Amount in a sentence

  • On the Corporation Conversion Date the Series C-1 Preferred Stock shall automatically convert into the Conversion Share Amount without any action on the part of the holders of the Series C-1 Preferred Stock.

  • On the Corporation Conversion Date the Series C-2 Preferred Stock shall automatically convert into the Conversion Share Amount without any action on the part of the holders of the Series C-2 Preferred Stock.

  • These calculations include, but are not limited to, determinations of the Last Reported Sale Prices of the Common Stock, the Daily VWAPs, the Daily Conversion Values, the Daily Settlement Amounts, the First Mandatory Conversion Share Amount, the Daily First Mandatory Conversion Shares, the Daily Mandatory Conversion Price, the Daily Mandatory Conversion Rate, accrued interest payable on the Notes and the Conversion Rate of the Notes.

  • The Sponsor and Insiders further agree that to the extent that the size of the Public Offering is increased or decreased, the Company will effect a share capitalization or a share repurchase, as applicable, with respect to the Founder Shares immediately prior to the consummation of the Public Offering in such amount as to maintain the number of Founder Shares at one ninth (1/9) of the Public Shares and the number of Class L Ordinary Shares equal to four times (4x) the Class L Conversion Share Amount.

  • If, after reaching the Maximum Conversion Share Amount, there remains a balance due under the Purchased Debt, such remaining balance is not convertible and will be required to be paid in cash by the Guarantor.

  • Subject to the limitations expressed in the first sentence of this subsection 6(a), the Conversion and Interest Payment Amount shall automatically convert into and be payable with Underlying Shares on each Conversion Date (in each case based on the Conversion Share Amount and Conversion Price applicable to such Conversion Date).

  • The number of Class H Preferred shares in respect of any such Automatic Conversion to be received by such Stockholder shall be equal to the Conversion Share Amount (y) multiplied by the latest Agreed Price (z) divided by the Class H Stated Value.


More Definitions of Conversion Share Amount

Conversion Share Amount is an amount equal to the sum of (i) the principal amount of the applicable term loans made by KFT Trust prior to the First Amendment Effective Date (including PIK Interest), plus (ii) any Prepayment Premium that would have been payable with respect to such term loans under Section 2.4 if such Secured Obligations were paid in cash on the date of conversion, plus (iii) an amount equal to any end of term charge that would have been payable to KFT Trust under Section 2.5 if such term loans were paid in full on the date of the consummation of the Natchez Financing.”
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Related to Conversion Share Amount

  • Conversion Share means any share of Common Stock issued or issuable upon conversion of any Note.

  • Interest Share Amount shall have the meaning set forth in Section 2(a).

  • Per Share Amount has the meaning set forth in Section 3.01(c).

  • Share Amount means a fraction of ETF Shares calculated in accordance with

  • Daily Share Amount means, with respect to any VWAP Trading Day, the quotient obtained by dividing (A) the excess, if any, of the Daily Conversion Value for such VWAP Trading Day over the applicable Daily Maximum Cash Amount by (B) the Daily VWAP for such VWAP Trading Day. For the avoidance of doubt, the Daily Share Amount will be zero for such VWAP Trading Day if such Daily Conversion Value does not exceed such Daily Maximum Cash Amount.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

  • Net Share Amount has the meaning set forth in Section 3.03(c).

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Conversion Stock means shares of Common Stock issued upon conversion of the Preferred Stock.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as ninety five percent (95%) of the lowest Volume Weighted Average Price of the Common Stock during the fifteen (15) consecutive Trading Days immediately preceding the applicable Installment Date. All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction.

  • Conversion Amount means the sum of the Stated Value at issue.

  • 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.

  • 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:

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding and (b) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Parent Share Price means the average of the volume weighted averages of the trading prices of Parent Common Shares on NYSE (as reported by Bloomberg L.P. or, if not reported therein, in another authoritative source mutually selected by Parent and the Company in good faith) on each of the 20 consecutive trading days ending on (and including) the trading day that is two trading days prior to the Closing Date.

  • Conversion Consideration shall have the meaning specified in Section 14.12(a).

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Accelerated Purchase Share Amount means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, the number of Purchase Shares directed by the Company to be purchased by the Investor in an Accelerated Purchase Notice, which number of Purchase Shares shall not exceed the lesser of (i) 300% of the number of Purchase Shares directed by the Company to be purchased by the Investor pursuant to the corresponding Regular Purchase Notice for the corresponding Regular Purchase referred to in clause (i) of the second sentence of Section 2(b) hereof (subject to the Purchase Share limitations contained in Section 2(a) hereof) and (ii) an amount equal to (A) the Accelerated Purchase Share Percentage multiplied by (B) the total number (or volume) of shares of Common Stock traded on the Principal Market during the period on the applicable Accelerated Purchase Date beginning at the Accelerated Purchase Commencement Time for such Accelerated Purchase and ending at the Accelerated Purchase Termination Time for such Accelerated Purchase.

  • 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.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • Common Share Price means the volume weighted average per share trading price of the Common Shares on the TSX for the 10 consecutive Trading Day period ending on the Trading Day immediately before the occurrence of a Trigger Event, or if the Common Shares are not then listed on the TSX, the principal stock exchange on which the Common Shares are then listed or quoted (being the stock exchange with the greatest volume of trading in the Common Shares during the previous six months), or if such shares are not listed or quoted on any stock exchange, or if no such trading prices are available, the Floor Price.

  • Series B-2 Preferred Stock means shares of the Company’s Series B-2 Preferred Stock, par value $0.001 per share.