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 $837.3918.
Initial Conversion Value means the product of (i) 25.5428 and (ii) $29.00

Examples of Initial Conversion Value in a sentence

  • Holders of outstanding shares of Preferred Stock shall have an option at any time after issuance 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 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").

  • CONVERSION VALUE 6.1 Initial Conversion Value The initial Conversion Value is equal to US$1.3161 and remains in effect until the Conversion Value is adjusted in accordance with the provisions of this Article 6.

  • 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 $833.3331.
Initial Conversion Value means [ ].
Initial Conversion Value means seven hundred and forty dollars and seventy four cents ($740.74).
Initial Conversion Value means $800.00.
Initial Conversion Value. ’ means the product of (i) the initial conversion rate, prior to adjustments as described under ‘‘Conversion rightsConversion rate adjustments’’ and
Initial Conversion Value means $[ ].
Initial Conversion Value means $888.8889.