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.
Sample 1Sample 2Sample 3
Conversion Share Amount means, on each Conversion Date, a number of Underlying Shares equal to 10% of the applicable Reference Period Volume.
Sample 1Sample 2
Conversion Share Amount means the number of shares of the Common Stock equal to the product of the (i) Class A Conversion Ratio at the time in effect and (ii) the number of shares of the Class A Stock as to which conversion is occurring. For the avoidance of doubt, if the Class A Conversion Ratio is 1:1 and the number of shares of the Class A Stock as to which conversion is occurring is 300, the Conversion Share Amount is 300 shares of the Common Stock.
Sample 1

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.

  • Pursuant to Section 5(b)(iv), each share of Series C-1 Preferred Stock, if not already converted, shall be convertible in accordance with Section 5(k) hereof at the election of the Corporation, into the Conversion Share Amount, subject to adjustment as provided in Section 5(f)(i) hereof.

  • Pursuant to Section 5(b) hereof, each share of Series C-1 Preferred Stock shall be convertible in accordance with Section 5(d) hereof at the election of each holder of Series C-1 Preferred Stock, into the Conversion Share Amount, subject to adjustment as provided in Section 5(f)(i) hereof.

  • 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.

  • The Company shall, upon written request at any time of any Holder, furnish or cause to be furnished to such Holder a certificate setting forth (i) all adjustments and readjustments to the Conversion Share Amount, (ii) the Conversion Share Amount at the time in effect and (iii) the number of shares of Common Stock and aggregate principal amount of Senior Notes which at the time would be received upon the conversion of such Holder’s shares of Preferred Stock if such shares were convertible at such time.

  • If the Company shall subdivide its outstanding Common Stock into a greater number of shares of Common Stock, or combine its outstanding Common Stock into a smaller number of shares of Common Stock, the Conversion Share Amount in effect immediately prior to the day upon which such subdivision or combination becomes effective shall be, in the case of a subdivision of Common Stock, proportionately increased and, in the case of a combination of Common Stock, proportionately decreased.

  • Whenever the Conversion Share Amount shall be adjusted as provided in Section 8(a), the Company shall file, at the office of the Transfer Agent, a statement showing in detail the facts requiring such adjustment and the Conversion Share Amount that shall be in effect after such adjustment, and the Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each Holder at its address appearing in the Register.

  • Pursuant to Section 5(b)(iv), each share of Series C-2 Preferred Stock, if not already converted, shall be convertible in accordance with Section 5(k) hereof at the election of the Corporation, into the Conversion Share Amount, subject to adjustment as provided in Section 5(f)(i) hereof.

  • If any dividend or distribution of the type described in this clause (i) is declared but not so paid or made, the Conversion Share Amount shall again be adjusted to the Conversion Share Amount that would then be in effect had such dividend or distribution not been declared.

  • Such notice shall also set forth such facts with respect thereto as shall be reasonably necessary to indicate the effect on the Conversion Share Amount and the number of shares of Common Stock which shall be deliverable upon conversion of shares of the Preferred Stock.


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.”
Sample 1

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 2.2.1 hereof.

  • 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, as of any date of determination, the price which shall be the lower of (i) the applicable Conversion Price and (ii) that price computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the applicable Company Redemption Date (each a “Company Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock during such Company Conversion Measuring Period.

  • 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.

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

  • 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.

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

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

  • Common Share Price means the volume weighted average closing price of the Common Stock (as reported by the Primary Exchange on which the Common Stock is then traded) for the ten (10) trading days immediately preceding the date on which the determination is made (or, if such price is not available, as determined in good faith by the Board of Directors).

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

  • PIPE Shares shall have the meaning given in the Recitals hereto.