Notional Unit Conversion Ratio definition

Notional Unit Conversion Ratio means (a) in the event the Total Return to Shareholders is equal to the Minimum Total Return to Shareholders, 1.0, (b) in the event the Total Return to Shareholders is equal to the Maximum Total Return to Shareholders, 3.0, (c) in the event the Total Return to Shareholders is greater than the Minimum Total Return to Shareholders and less than the Maximum Total Return to Shareholders, the Notional Unit Conversion Ratio will be pro-rated between 1.0 and 3.0 by linear interpolation (e.g., other than in the event of a Change in Control, the Notional Unit Conversation Ratio will increase by 0.1 for each percentage point by which the Total Return to Shareholders exceeds the Minimum Total Return to Shareholders up to the Maximum Total Return to Shareholders) and (d) in the event the Total Return to Shareholders is greater than the Maximum Total Return to Shareholders, 3.0 multiplied by a fraction, the numerator of which is the Common Share Price required to generate the Maximum Total Return to Shareholders on the Valuation Date, less the actual dividends paid from the Effective Date to the Valuation Date, up to a maximum of $6.22, and the denominator of which is the Common Share Price on the Valuation Date.
Notional Unit Conversion Ratio means (a) in the event the Total Return to Shareholders is equal to the Minimum Total Return to Shareholders, 1.0, (b) in the event the Total Return to Shareholders is equal to the Maximum Total Return to Shareholders, 3.0, (c) in the event the Total Return to Shareholders is greater than
Notional Unit Conversion Ratio means (a) in the event the Stock Price Appreciation is less than the Minimum Stock Price Appreciation, zero,

More Definitions of Notional Unit Conversion Ratio

Notional Unit Conversion Ratio means (a) in the event the Stock Price Appreciation is less than the Minimum Stock Price Appreciation, zero, (b) in the event the Stock Price Appreciation equals the Minimum Stock Price Appreciation, 0.84, (c) in the event the Stock Price Appreciation is equal to or greater than the Maximum Stock Price Appreciation, 3.50, and (d) in the event the Stock Price Appreciation is greater than the Minimum Stock Price Appreciation and less than the Maximum Stock Price Appreciation, the Notional Unit Conversion Ratio will be pro-rated between 0.84 and 3.50 by linear interpolation (e.g., the Notional Unit Conversation Ratio will increase by 0.1064 for each percentage point by which the Stock Price Appreciation exceeds the Minimum Stock Price Appreciation up to the Maximum Stock Price Appreciation). If the Valuation Date in connection with which the Notional Unit Conversion Ratio is being calculated occurs as a result of a Change of Control prior to December 1, 2010, then the Notional Unit Conversion Ratio will be the greater of (a) the number calculated pursuant to the preceding sentence or (b) the number that it would have been if (1) the Notional Unit Conversion Ratio was calculated pursuant to the preceding sentence using amounts for the Minimum Stock Price Appreciation and Maximum Stock Price Appreciation that were pro rated based on the number of days from the Effective Date to and including the Valuation Date divided by the total number of days from the Effective Date to and including the Measurement Date and (2) the Notional Unit Conversion Ratio calculated pursuant to clause (1) was then pro rated on the same basis as the Minimum Stock Price Appreciation and Maximum Stock Price Appreciation.

Related to Notional Unit Conversion Ratio

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.