Examples of Daily Share Amounts in a sentence
For the purposes of Sections 4.13(a) and (b), in the event that any of Conversion Value, Daily Share Amounts or Volume Weighted Average Price cannot be determined for all portions of the Conversion Reference Period, the Company’s Board of Directors shall in good faith determine the values necessary to calculate the Conversion Value, Daily Share Amounts and Volume Weighted Average Price, as applicable.
The Company may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Stock, and any portion of the Net Amount the Company elects to deliver in Common Stock (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.
For the purposes of Sections 4.14(a) and (b), in the event that any of Conversion Value, Daily Share Amounts or Volume Weighted Average Price is not calculable for all portions of the Conversion Reference Period, the Company’s Board of Directors shall in good faith determine the values necessary to calculate the Conversion Value, Daily Share Amounts and Volume Weighted Average Price, as applicable.
Each $1,000 of Original Principal Amount of 2004 Senior Convertible Notes shall be convertible for cash equal the Principal Return and, if the Conversion Value exceeds the Accreted Principal Amount, the number of whole shares of Common Stock equal to the sum of the Daily Share Amounts for each Trading Day in the applicable Conversion Settlement Reference Period, as determined by the Company and confirmed in writing to the Trustee and the Conversion Agent, payable as set forth in Section 1.10(b).
Notwithstanding the provisions of Section 10.03(a), the Company may elect to settle all or a portion of the Daily Share Amounts for each Trading Day in the Conversion Reference Period relating to a Conversion Date in cash (a “ Cash Election”).
These calculations include, but are not limited to, determinations of any Last Reported Sale Prices of the Common Stock, the Daily VWAPs of the Common Stock, the Daily Conversion Values, the Daily Cash Amounts, the Daily Share Amounts, accrued interest payable on the Notes and the Conversion Rate.
These calculations include, but are not limited to, determinations of the Last Reported Sale Prices and Daily VWAPs of the Common Shares, the Daily Cash Amounts, the Daily Conversion Values, the Daily Share Amounts, accrued interest, Additional Interest, if any, and Additional Amounts, if any, payable on the Notes and the Conversion Rate.
In respect of any conversion of Series D Debentures, the fractional amount of a share of Common Stock to be delivered, if any, will be based on the sum of the Daily Share Amounts for all Trading Days in the Observation Period (rather than on a per Trading Day basis).
For the purposes of Sections 4.13(a) and (b), in the event that any of Conversion Value, Net Amount, Daily Share Amounts or Average Price cannot be determined for all portions of the Conversion Reference Period, the Company’s Board of Directors shall in good faith determine the values necessary to calculate the Conversion Value, Net Amount, Daily Share Amounts and Average Price, as applicable.
Upon conversion, a Holder will receive, in respect of each $1,000 initial principal amount of the Debentures, cash in an amount equal to the lesser of (1) $1,000 or (2) the Conversion Value; and a number of shares of the Company’s Common Stock, equal to the sum of the Daily Share Amounts for each of the ten consecutive Trading Days in the Applicable Conversion Reference Period.