Conversion Value definition

Conversion Value means the Fair Market Value of the aggregate number of shares of Common Stock into which a share of ESOP Preferred Stock is convertible.
Conversion Value has the meaning specified in Section 12.1(b).

Examples of Conversion Value in a sentence

  • Except as otherwise provided in this Indenture, the Company will be responsible for making all calculations called for under this Indenture or the Notes, including determinations of the Stock Price, Last Reported Sale Price, the Daily Conversion Value, the Daily Cash Amount, the Daily Share Amount, the Daily VWAP, the Trading Price, accrued interest on the Notes, the Redemption Price, the Fundamental Change Repurchase Price and the Conversion Rate.


More Definitions of Conversion Value

Conversion Value means the average of the Daily Conversion Values for each of the 20 consecutive Trading Days of the Conversion Reference Period.
Conversion Value means, for each $1,000 principal amount of Securities, the average of the Daily Conversion Values for each of the ten consecutive Trading Days of the Conversion Reference Period.
Conversion Value means, on any day, the product of the Sale Price for the Common Stock on such day multiplied by the then-applicable Conversion Rate.
Conversion Value means the average of the Daily Conversion Values for each of the 40 consecutive Trading Days of the Conversion Reference Period.
Conversion Value means, per $1,000 principal amount of Notes, the amount equal to the average of the products for each Trading Day of the Conversion Reference Period of (a) the Applicable Conversion Rate for such day multiplied by (b) the average of the Volume Weighted Average Price per share of the Common Stock on such day.
Conversion Value means, at any time, the amount equal to the product of the Sales Price at such time multiplied by the then current Conversion Rate.
Conversion Value means the product of (1) the conversion rate in effect (plus any additional shares as an adjustment upon a change of control) and (2) the average of the closing prices of the Company’s common stock for the 20 consecutive trading days beginning on the second trading day after the conversion date for those Debentures.