Initial Conversion Value definition

Initial Conversion Value means the product of (i) the initial Conversion Rate, prior to the adjustments described in Section 9.04 and (i) $29.70, the last reported sale of Common Stock on December 3, 2007.
Initial Conversion Value means $833.3331.
Initial Conversion Value means seven hundred and forty dollars and seventy four cents ($740.74).

Examples of Initial Conversion Value in a sentence

  • Holders of outstanding shares of Preferred Stock shall have an option to convert each share of Preferred Stock into one share of the Company's Common Stock (the "Initial Conversion Value").

  • Holders of outstanding shares of Series A Preferred Stock shall have an option to convert each share of Series A Preferred Stock into one share of the Company's Common Stock (the "Initial Conversion Value").

  • For a redemption on or prior to February 28, 2005, the Redemption Price shall be equal to 102% of the principal amount of the Notes to be redeemed, plus (i) any accrued and unpaid Interest to but excluding the Redemption Date, and (ii) if the Special Conversion Value exceeds the Initial Conversion Value then, for each $1,000 in principal amount of Notes to be redeemed, 80% of the amount determined by subtracting the Initial Conversion Value from the Special Conversion Value.

  • Initial Conversion Value $740.74, which is which is equal to the product (rounded to the nearest cent) of the Initial Conversion Rate and the Last Reported Sale Price per Share of Common Stock on NASDAQ on February 10, 2020.

  • Holders of outstanding shares of Preferred Stock shall have an option at any time to convert each share of Preferred Stock into four shares of the Company's Common Stock (the "Initial Conversion Value").


More Definitions of Initial Conversion Value

Initial Conversion Value means [ ].
Initial Conversion Value means $816.3270.
Initial Conversion Value means $888.8889.
Initial Conversion Value means $[ ].
Initial Conversion Value means the product of (i) 33.8616 and (ii) the Common Stock Price.
Initial Conversion Value per share means $40 per share of Series A Preferred Stock; and
Initial Conversion Value. ’ means the product of (i) the initial conversion rate, prior to adjustments as described under ‘‘Conversion rightsConversion rate adjustments’’ and