Conversion Share Value definition

Conversion Share Value means the product of the number of Conversion Shares deliverable pursuant to any Conversion Notice multiplied by the Closing Trade Price of the Ordinary Shares on the Delivery Date for such Conversion.
Conversion Share Value means the product of the number of Lender Conversion Shares deliverable pursuant to any Lender Conversion Notice multiplied by the Closing Trade Price of the Common Stock on the Delivery Date for such Lender Conversion.
Conversion Share Value means the product of the number of Conversion Shares deliverable pursuant to any Conversion multiplied by the volume weighted average price per share on the applicable Delivery Deadline.

Examples of Conversion Share Value in a sentence

  • If the Lender Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $40,000.00 (100 days multiplied by $500.00 per day, but capped at 200% of the Lender Conversion Share Value).

  • If the Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $40,000.00 (100 days multiplied by $500.00 per day, but capped at 200% of the Conversion Share Value).

  • If the Lender Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $20,000.00 (100 days multiplied by $500.00 per day, but capped at 100% of the Lender Conversion Share Value).

  • If the Conversion Shares are delivered to Lender one hundred (100) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $20,000.00 (100 days multiplied by $250.00 per day, but capped at 100% of the Conversion Share Value).

  • If the Conversion Shares are delivered to Lender one hundred and fifty (150) days after the applicable Delivery Date, the total Conversion Delay Late Fees that would be added to the Outstanding Balance would be $40,000.00 (150 days multiplied by $300.00 per day, but capped at 200% of the Conversion Share Value).

  • Securities Claim Conversion: the deemed conversion of Securities Claims into Holdings Common Stock with an aggregate Conversion Share Value equal to the Allowed amount of such Securities Claims.

  • In the event Borrower believes it cannot deliver Conversion Shares under applicable laws or for any other reason, Borrower shall also have the right to pay the Conversion Share Value to Lender in cash in lieu of delivering the applicable Conversion Shares.

  • In addition, for each Conversion, in the event that Conversion Shares are not delivered by the Delivery Date, a late fee equal to half a percent (0.5%) of the applicable Conversion Share Value rounded to the nearest multiple of $100.00 but with a floor of $500.00 per day will be assessed for each day after the Delivery Date until Conversion Share delivery is made; and such late fees will be added to the principal balance (such fees, the “Conversion Delay Late Fees”).

  • Conversion Share Value: the per share value used to convert Securities Claims into shares of Holdings Common Stock, calculated by dividing the Liquidation Proceeds by the number of shares of Holdings Common Stock currently issued and outstanding as of the Effective Date.

  • Notwithstanding the foregoing, in event the accrual of Conversion Delay Late Fees is the result of a force majeure event, the cumulative amount of Conversion Delay Late Fees for the applicable Conversion shall not exceed 20% of the applicable Conversion Share Value.


More Definitions of Conversion Share Value

Conversion Share Value means the product of the number of Conversion Shares deliverable pursuant to any Holder Conversion Notice multiplied by the Closing Sale Price of the Common Stock on the Delivery Date for such Holder Conversion.
Conversion Share Value means the product of the number of Conversion Shares deliverable pursuant to any Conversion multiplied by the closing trade price of the Common Stock on the Delivery Date for such Conversion, in connection with the determination of Conversion Delay Late Fees.
Conversion Share Value means $1,000.
Conversion Share Value means, at any given time for any Investor, an amount equal to the Offer Price multiplied by the number of Conversion Shares then held by such Investor.

Related to Conversion Share Value

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

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

  • Share Value means $25.00 plus declared and unpaid dividends as at the date of the Trigger Event.

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

  • 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.

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

  • 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:

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • 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.

  • Common Warrant Shares means the shares of Common Stock issuable upon exercise of the Common Warrants.

  • Pre-Funded Warrant Shares means the shares of Common Stock issuable upon exercise of the Pre-Funded Warrants.

  • Warrant Share Number means at any time the aggregate number of shares of Warrant Stock which may at such time be purchased upon exercise of this Warrant, after giving effect to all prior adjustments and increases to such number made or required to be made under the terms hereof.

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.