Daily Failure Amount definition

Daily Failure Amount means the product of (x) .005 multiplied by (y) the Closing Sale Price of the Common Stock on the applicable Share Delivery Date.
Daily Failure Amount means the product of (x) 0.005 multiplied by (y) the Closing Sale Price of the Common Stock on the applicable Share Delivery Date.
Daily Failure Amount means the Volume Weighted Average Price on the applicable Share Delivery Date.

More Definitions of Daily Failure Amount

Daily Failure Amount means the product of (x) .015 multiplied by (y) the higher of the (i) Closing Sale Price of the Common Stock on the applicable Share Delivery Date, or (ii) the Conversion Price.

Related to Daily Failure Amount

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Issuance Amount means the aggregate Sales Price of the Shares to be sold by the Agent pursuant to any Issuance Notice.

  • Draw Down Amount means the actual amount of a Draw Down paid to the Company.