Daily Share Amounts definition

Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 Principal Amount of Securities surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula:
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Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 principal amount of Notes surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula: (Volume Weighted Average Price per share of Conversion Rate in effect on the Common Stock for such Trading Day x Trading Day) - $1000
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Daily Share Amounts means, for each Trading Day of the Conversion Reference Period and each $1,000 Principal Amount of Securities surrendered for conversion, a number of shares of Common Stock (but in no event less than zero) determined by the following formula: (Sale Price per share of Common Stock for Conversion Rate in effect on the such Trading Day x Conversion Date) - $1,000 ------------------------------------------------------------------------------------------- Sale Price per share of Common Stock for such Trading Day x 20 The Conversion Rate in effect on the Conversion Date, for the purposes of this definition of Daily Share Amounts, will be appropriately adjusted to take into account the occurrence on or before such Trading Day of any event which would require an anti-dilution adjustment.
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Examples of Daily Share Amounts in a sentence

  • If the Company elects to settle any conversion in whole or in part by delivering Cash in respect the Conversion Obligation (other than solely Cash in lieu of any fractional shares) or if the Company irrevocably elects Net Share Settlement, the amount of Cash and any Reference Property that the Holders will receive will be based on the Daily Share Amounts of Reference Property and the Applicable Conversion Rate as set forth in Section 10.02.

  • For the purposes of Sections 5.13(a) and (b), in the event that any of Daily 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 Daily Conversion Value, Daily Share Amounts and Volume Weighted Average Price, as applicable.

  • For the purposes of Sections 15.13(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.

  • The Company may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Shares, and any portion of the Net Amount the Company elects to deliver in Common Shares (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.

  • The Issuer may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Shares, and any portion of the Net Amount the Issuer elects to deliver in Common Shares (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.

  • The Operating Partnership may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Company Common Shares, and any portion of the Net Amount the Operating Partnership elects to deliver in Company Common Shares (the “Net Shares”) shall be the sum of the Daily Share Amounts for each Trading Day during the Applicable Exchange Period.

  • 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.

  • The Daily Share Amounts shall be calculated using the Closing Sale Price of the Common Stock on each Trading Day.

  • 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.

  • For the avoidance of doubt, if the sum of the Daily Share Amounts over the 50 consecutive VWAP Trading Days of the relevant Conversion Reference Period would exceed the Share Cap, the Company shall deliver only a number of shares of Common Stock equal to the Share Cap and the converting Holder will not receive cash consideration for the number of shares of Common Stock in excess of the Share Cap.