Fixed Conversion Rate definition

Fixed Conversion Rate has the meaning set forth in the definition of Conversion Rate.
Fixed Conversion Rate means the Daily Conversion Rate on or after November 1, 2014, subject to the same proportional adjustment as the Base Conversion Rate.
Fixed Conversion Rate with respect to any Specified Currency means the irrevocably fixed conversion rate between the Euro and such Specified Currency adopted by the Council of the European Union according to Article 109 1(4) first sentence of the Treaty of Rome;

Examples of Fixed Conversion Rate in a sentence

  • CR1 = the new Fixed Conversion Rate taking such event into account.

  • Such adjustment shall be made by dividing each of the Threshold Appreciation Price and the Initial Price by a fraction, the numerator of which shall be either Fixed Conversion Rate immediately after such adjustment pursuant to Sections 13(a) or 13(b) and the denominator of which shall be such Fixed Conversion Rate immediately before such adjustment.

  • If any adjustment to the Fixed Conversion Rate is treated as a distribution to any Non-U.S. Holder which is subject to withholding tax, the Corporation (or Transfer Agent or any paying agent on behalf of the Corporation) may set off any withholding tax that is required to be collected with respect to such deemed distribution against cash payments and other distributions otherwise deliverable to such Non-U.S. Holder.

  • Prior to the Mandatory Conversion Date, no adjustment in a Fixed Conversion Rate shall be required unless such adjustment would require an increase or decrease of at least one percent therein.

  • If any dividend or distribution described in this subclause (i) is declared but not so paid or made, each new Fixed Conversion Rate shall be readjusted to the Fixed Conversion Rate that would then be in effect if such dividend or distribution had not been declared.


More Definitions of Fixed Conversion Rate

Fixed Conversion Rate means each of the Optional Conversion Rate, the Minimum Conversion Rate and the Maximum Conversion Rate.
Fixed Conversion Rate has the meaning set forth in Section 8.2(a).
Fixed Conversion Rate means each of the Maximum Conversion Rate and the Minimum Conversion Rate.
Fixed Conversion Rate means the Conversion Rate determined as set forth in the definition thereof assuming a Conversion Date that is eight Trading Days prior to May 22, 2008, subject to adjustment pursuant to Sections 11.06, 11.07, and 11.08, assuming any such adjustments that occurred after May 22, 2008 and prior to the Conversion Date occurred prior to May 22, 2008.
Fixed Conversion Rate means for each share of Convertible Preferred Stock, a number of shares of Common Stock equal to the quotient obtained by dividing (i) the Original Purchase Price plus all accrued and unpaid Dividends, including any Past due Dividends, by (ii) the Fixed Conversion Price.
Fixed Conversion Rate means the Conversion Rate determined as set forth in the definition thereof assuming a Conversion Date that is eight Trading Days prior to April 29, 2008, subject to adjustment pursuant to Section 410.