Relevant Conversion Ratio definition

Relevant Conversion Ratio means the result (without rounding and including fractions of Settlement Shares) of the division of (a) the aggregate Principal Amount of Bonds delivered by a Bondholder for conversion with a single Conversion Notice by (b) the Conversion Price in effect on the relevant Conversion Date (subject to any subsequent Conversion Price adjustment in accordance with § 10). The Relevant Conversion Ratio will be determined by the Calculation Agent in accordance with § 8(b)(iii).

Relevant Conversion Ratio or “RelCR” means the arithmetic average (rounded to five decimal places with 0.000005 being rounded upwards) of the Daily Relevant Conversion Ratios on each Trading Day during the relevant Calculation Period (subject to adjustment until the Settlement Date as set out in “Conversion Ratio Adjustments”), all as determined by the Calculation Agent.

Relevant Conversion Ratio means, in respect of any day, the result (rounded to five decimal places with 0.000005 being rounded upwards) of the division of the aggregate principal amount of Bonds in respect of which the relevant Bondholder shall have exercised Conversion Rights by the Conversion Price in effect on such day, as determined by the Calculation Agent.

Examples of Relevant Conversion Ratio in a sentence

• If the number of full Listed Settlement Shares that the Issuer is able to issue and/or deliver is equal to zero, the Relevant Conversion Ratio shall be determined as at the Conversion Date, subject to adjustment of the Conversion Price in accordance with § 10, provided that no adjustment will be made if the Adjustment Date in respect thereof falls on or after the relevant Reference Date.

• Mandatory Conversion on the Maturity Date: Each Note not converted prior to the 25th Trading Day immediately preceding the Maturity Date will be mandatorily converted on the Maturity Date into a number of Shares equal to the Relevant Conversion Ratio.

• In evaluating performance with the traditional method, only accounting profits are often considered without considering the costs of providing the company's capital resources.

• Unless previously converted, or purchased and cancelled, each $25 principal amount of Notes shall be mandatorily converted on the Maturity Date into a number of Settlement Shares determined in accordance with the Relevant Conversion Ratio.

• Unless previously converted or redeemed or purchased and cancelled in accordance with these Conditions prior to the day which, on such day, is scheduled to be the 25th Trading Dayprior to the Maturity Date, each Bond will, subject to Conditions 7.7, 7.8 and 9, be mandatorily converted on the Maturity Date into such number of Ordinary Shares as is equal to the Relevant Conversion Ratio, which Ordinary Shares shall be delivered by the Guarantor.

More Definitions of Relevant Conversion Ratio

Relevant Conversion Ratio or “RelCR” means the arithmetic average of the Daily Relevant Conversion Ratios (rounded to five decimal places with 0.000005 being rounded upwards) calculated by the Calculation Agent on the basis of the Share Prices on each Trading Day during the relevant Calculation Period.

Relevant Conversion Ratio. The term "Relevant Conversion Ratio" shall have the meaning specified in Section 15.5(f).

Relevant Conversion Ratio shall have the meaning specified in Section 15.5(f).

Relevant Conversion Ratio means the result (without rounding and including fractions of Settlement Shares) of the division of (a) the Aggregate Conversion Principal Amount by

Relevant Conversion Ratio means, in respect of any day, the result (rounded to five decimal places with 0.000005 being rounded upwards) of the division of the aggregate principal amount of Bonds in respect of which the relevant Bondholder shall have exercised Conversion Rights by the Conversion Price prevailing on such day.

Relevant Conversion Ratio means the result (without rounding and including fractions of Settlement Shares) of the division of (a) the Aggregate Conversion Principal Amount by (b) the Conversion Price in effect on the relevant Conversion Date (subject to any subsequent Conversion Price adjustment in accordance with § 10 or§ 11(c)). The Relevant Conversion Ratio will be determined by the Calculation Agent.Wandlungsverhältnis wird von der Berechnungsstelle berechnet.

Relevant Conversion Ratio means, in respect of the relevant Conversion Date, a number of Ordinary Shares equal to the product (rounded to the nearest whole multiple of 0.0001 Ordinary Share, with 0.00005 being rounded upwards) of (i) the arithmetic average of the Daily Relevant Ratios on each Trading Day during the relevant Calculation Period and (ii) the Maximum Conversion Ratio on such Conversion Date, all as determined by the Calculation Agent.