Series A Conversion Rate definition

Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

Series A Conversion Rate means the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be 1.0 until such rate is adjusted as set forth in Section 5.12(b)(viii)(D) - (F).

Series A Conversion Rate means, as of any date of ------------------------ determination, a fraction in which the numerator is the Liquidation Preference of one share of Series A Preferred Stock as of such date, and the denominator is the Market Price of Class A Common Stock as of such date.

Examples of Series A Conversion Rate in a sentence

• Notwithstanding anything in this Agreement to the contrary, whenever the issuance of a Partnership Interest or other event would require an adjustment to the Series A Conversion Rate under one or more provisions of this Agreement, only one adjustment shall be made to the Series A Conversion Rate in respect of such issuance or event.

• At any time following the fourth anniversary of the Series A Issuance Date, the Partnership shall have the option at any time, but not more than once per Quarter, to convert all or any portion of the Series A Preferred Units then outstanding into a number of Common Units determined by multiplying the number of Series A Preferred Units to be converted by the Series A Conversion Rate.

• As a result of the 1988 strike, Fran Drescher and her husband launched Loaf & Kisses Gourmet Croutons, a business that continued even after the strike.

• At any time and from time to time after January 1, 2014, subject to any applicable limitations in the New Credit Agreement, the Series A Preferred Units owned by any Series A Unitholder shall be convertible, in whole or in part, upon the request of the Series A Unitholder into a number of Common Units determined by multiplying the number of Series A Preferred Units to be converted by the Series A Conversion Rate.

• The number of shares of Common Stock to which a holder of Series A Preferred shall be entitled upon conversion shall be the product obtained by multiplying the "Series A Conversion Rate" then in effect (determined as provided in Section 4(b)) by the number of shares of Series A Preferred being converted.

More Definitions of Series A Conversion Rate

Series A Conversion Rate has the meaning specified in the Partnership Agreement.

Series A Conversion Rate means 1.0, unless and until such rate is adjusted as set forth in Section 5.11(c)(vii)(E) or redetermined pursuant to Section 5.11(c)(vii)(F).

Series A Conversion Rate means, as adjusted pursuant to Section 5.12(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be equal to the Series A Issue Price plus Series A Unpaid Distributions in respect of such Series A Preferred Unit divided by $[•](3) for each Series A Preferred Unit.

Series A Conversion Rate means the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be equal to (a) in all cases other than a Series A Change of Control, the quotient of (i) the sum of (A) the Series A Accrued Amount with respect to such Series A Preferred Unit, plus (B) any Series A Partial Period Distributions on such Series A Preferred Unit divided by (ii) the Series A Issue Price (as such number of Common Units may be adjusted as set forth in Section 5.11(b)(v)(E)) and (b) in the case of a Series A Change of Control, the greater of the amount set forth in clause (a) above or the quotient of (i) the sum of (A) (1) the Series A Issue Price, multiplied by (2) the Series A Change of Control Conversion Premium, plus (B) all Series A Unpaid Distributions on such Series A Preferred Unit on such date, plus (C) any Series A Partial Period Distributions on such Series A Preferred Unit, divided by (ii) the VWAP of the Common Units for the 30-day period ending immediately prior to the execution of definitive documentation relating to the Series A Change of Control (as such number of Common Units may be adjusted as set forth in Section 5.11(b)(v)(E)); provided, however, that for purposes of Section 5.11(b)(vi)(B)(1), the Series A Conversion Rate shall be the amount determined pursuant to clause (a) above.

Series A Conversion Rate means the rate necessary to achieve the economic equivalent of the NEE Partners Series A Conversion Rate in effect and as applicable at the time of such conversion.

Series A Conversion Rate means, (i) as of any time of determination pursuant to Section 5.12(b)(v)(A), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be equal to (x) the Series A Liquidation Preference (on a per Series A Preferred Unit basis) divided by (y) the Conversion Price then in effect or (ii) as of any time of determination pursuant to Section 5.12(b)(v)(B), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be equal to (x) the Minimum Return Amount (on a per Series A Preferred Unit basis) divided by (y) the Conversion Price then in effect.

Series A Conversion Rate means the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be equal to (a) the Series A Accrued Amount with respect to such Series A Preferred Unit (plus, solely for purposes of clause (a) in the definition of “Series A COC Conversion Rate” or with respect to any conversion pursuant to Section 5.11(b)(vi)(B)(1) in the event of a Series A Change of Control, any Series A Partial Period Distributions on such Series A Preferred Unit) divided by (b) the Series A Issue Price, as such number of Common Units may be adjusted as set forth in Section 5.11(b)(v)(E).