Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.
Exchange Price shall have the meaning specified in the Indenture.
Exchange Price means $7.50, as may be adjusted from time to time in the manner set forth herein;
Examples of Exchange Price in a sentence
Before taking any action which would cause an adjustment to the Exchange Rate such that the Exchange Price per share of Common Stock issuable upon exchange of the Notes would be less than the par value of the Common Stock, the REIT shall take all corporate actions that may, in the opinion of its counsel, be necessary so it may validly and legally issue Common Stock at such adjusted Exchange Rate.
More Definitions of Exchange Price
Exchange Price means the arithmetic average of the volume weighted average prices for a share of the Common Stock on the principal United States securities exchange or automated or electronic quotation system on which the Common Stock trades, as reported by Bloomberg, L.P., or its successor, for each of the three consecutive full Trading Days ending on and including the last full Trading Day immediately prior to the Exchange Date, subject to appropriate and equitable adjustment for any stock splits, reverse splits, stock dividends or similar events affecting the Common Stock. If the Common Stock no longer trades on a securities exchange or automated or electronic quotation system, then a majority of the Independent Directors of the Corporation shall determine the Exchange Price in good faith.
Exchange Price shall have the meaning set forth in Section 5.5(a).
Exchange Price has the meaning assigned to it in Section 2(a) hereof.
Exchange Price means $10.00, subject to adjustment as provided herein.
Exchange Price means, in respect of each Security, as of any time, $1,000, divided by the Exchange Rate as of such time.
Exchange Price means the Closing Bid Price as of two (2) Trading Days prior to the Exchange Date.