Examples of Daily Measurement Value in a sentence
For each of the 40 consecutive Trading Days during the relevant Observation Period, the “Daily Settlement Amount” shall consist of: (a) cash in an amount equal to the lesser of (i) the Daily Measurement Value and (ii) the Daily Conversion Value, and (b) if the Daily Conversion Value exceeds the Daily Measurement Value, a number of Shares equal to (i) the difference between the Daily Conversion Value and the Daily Measurement Value, divided by (ii) the Daily VWAP for such Trading Day.
These calculations include, but are not limited to, the Daily Settlement Amount, Daily Conversion Value, Daily Measurement Value, the Closing Sale Price, the Daily VWAP, the Conversion Date, the Current Market Value, the Conversion Price, the applicable Conversion Rate, the number of shares of Common Stock, if any, to be issued upon conversion of the Notes and the Cash Settlement Averaging Period.
To the extent that such election is made, the Company shall make corresponding adjustments to the calculation of the Daily Measurement Value, the Daily Settlement Amount, the Daily Conversion Value and the Daily VWAP, and to the dates on which the Observation Period begins and ends, as specified in the definition of “Observation Period” in Section 1.1.
B) the Daily Conversion Value for the relevant VWAP Trading Day; and (ii) if the Daily Conversion Value exceeds the Daily Measurement Value, a number of shares of Common Stock equal to (A) the difference between the Daily Conversion Value and the Daily Measurement Value, divided by (B) the Daily VWAP for such VWAP Trading Day.