Conversion Shortfall definition
Conversion Shortfall means an amount equal to the applicable Conversion Amount, minus the product of (x) the number of Conversion Shares to be issued as provided above, multiplied by (y)
Conversion Shortfall. With respect to each Converted Mortgage Loan as to which the Purchase Price has been deposited in the Certificate Account upon repurchase or sale pursuant to Section 14.03, an amount equal to the excess, if any, of the Purchase Price calculated without reference to the Basis Limit Price as set forth in clause (i) of the definition of Purchase Price, over the Basis Limit Price.
Conversion Shortfall means, with respect to each share of Series A Preferred Stock, the absolute dollar value by which the product of the Conversion Ratio and the 10-Day VWAP for the applicable Conversion as provided in Section 8 is less than the sum of the Stated Value for such share plus the Minimum Return Amount as of the applicable Conversion Date.
Examples of Conversion Shortfall in a sentence
Conversion Shortfall by raising the Publisher Conversion Rate to a rate that is less than *** below the Overall Conversion Rate.
For any month in which the Conversion Rate from Overture Content displayed by Publisher (the "Publisher Conversion Rate") is [***], Overture may, at its sole discretion, provide Publisher with a written statement (a "Conversion Statement") setting forth [***] (the "Conversion Shortfall") and Publisher then shall have a [***] period in which to cure the Conversion Shortfall by raising the Publisher Conversion Rate to [***].
More Definitions of Conversion Shortfall
Conversion Shortfall. As defined in ss.8.27.5(a).
Conversion Shortfall has the meaning set forth in Section 4.1(e).