Series D Conversion Rate definition

Series D Conversion Rate means the number of Common Units issuable upon the conversion of each Series D Preferred Unit, which shall be 1.0 until such rate is adjusted as set forth in Section 5.15(b)(viii)(D)-(F).

Series D Conversion Rate means the number of shares of Common Stock into which each share of the Series D Preferred is convertible.

Series D Conversion Rate means the Preference Amount with respect to the Company Series D Preference Shares divided by 6.7789.

Examples of Series D Conversion Rate in a sentence

• If such Holder and the Corporation are unable to agree upon the determination of the arithmetic calculation of the Series D Conversion Rate within two (2) Business Days of such disputed determination or arithmetic calculation being transmitted to the Holder, then the Corporation shall within one (1) Business Day submit via email the disputed arithmetic calculation of the Series D Conversion Rate to any “big four” international accounting firm that is reasonably acceptable to the Corporation and the Holder.

• In the case of a dispute as to the arithmetic calculation of the Series D Conversion Rate, the Corporation shall issue to the Holder the number of shares of Common Stock that is not disputed and shall transmit an explanation of the disputed determinations or arithmetic calculations to the Holder via email within one (1) Business Day of receipt of such Holder’s Conversion Notice or other date of determination.

• On the Initial Issuance Date, the Series D Conversion Rate shall be equal to 8 shares of Common Stock for each share of Series D Convertible Preferred Stock.

• Benchmarking for SDN Controller Performance Presenter: Sarah Banks Slides: https://www.ietf.org/proceedings/98/slides/slides-98-bmwg-draft-ietf-bmwg- sdn-controller-benchmark-00.pdfDraft: draft-ietf-bmwg-sdn-controller-benchmark-meth-03 - Resolves questions from WGLC- Al circulated the document with the OPNFV controller group.

• For purposes of this Section 5.15(b)(viii) , no adjustment to the Series D Conversion Rate shall be made in an amount less than 1/100th of one cent per Unit; provided that any adjustments that are not required to be made by reason of this sentence shall be carried forward and shall be taken into account in any subsequent adjustment made.

• Subsequent adjustments to the Series D Conversion Rate of the Series D Survivor Preferred Security shall be made successively thereafter whenever any event described in Section 5.15(b)(viii)(D) , Section 5.15(b)(viii)(E) or this Section 5.15(b)(viii)(F) shall occur.

• Notwithstanding any of the other provisions of this Section 5.15(b)(viii)(H) , no adjustment shall be made to the number of Common Units issuable upon conversion of the Series D Preferred Units or the Series D Conversion Rate as a result of an event for which an adjustment is made under another provision of this Section 5.15(b)(viii)(H) .

• In each case of an adjustment or readjustment of the Series D Conversion Rate, the Company at its expense will furnish each holder of Series D Stock, as applicable, with a certificate, prepared by independent public accountants of recognized standing if so required in writing by holders of a majority of the outstanding Series D Stock, showing such adjustment or readjustment and stating in detail the facts upon which such adjustment or readjustment is based.

• At any time and from time to time after the Series D Optional Conversion Start Date, subject to any applicable limitations in the New Credit Agreement and subject to no Series D Call Exercise Notice having been given, the Series D Preferred Units owned by any Series D Unitholder shall be convertible, in whole or in part, upon the request of the Series D Unitholder into a number of Common Units determined by multiplying the number of Series D Preferred Units to be converted by the Series D Conversion Rate.

More Definitions of Series D Conversion Rate

Series D Conversion Rate shall be the quotient obtained by dividing $4.20 by the Series D Conversion Price. The “Series D Conversion Price” shall initially be $4.20, which shall be adjusted from time to time as provided below. As of the date of this Third Amended and Restated Certificate of Incorporation, the Series D Conversion Price is $4.20.

Series D Conversion Rate means the rate at which outstanding ------ - ---------- ---- shares of Series D Preferred Stock may be converted into shares of Common Stock, which rate, on the Series D Original Issuance Date, shall be equal to 1 share of Common Stock for each share of Series D Preferred Stock and thereafter shall be subject to adjustment from time to time pursuant to Section 2.4(e) hereof. "Series D Original Issuance Date" shall mean the date of issuance by ------ - -------- -------- ---- the Corporation of the first share of Series D Preferred Stock.

Series D Conversion Rate has the meaning specified in the Company’s certificate of incorporation, as in effect immediately prior to the Effective Time.

Series D Conversion Rate means the number of Common Units issuable upon the conversion of each Series D Preferred Unit, which shall be 1.0 until such rate is adjusted as set forth in Section 5.15(b)(viii)(D)-(F) .

Series D Conversion Rate means the fraction, the numerator of which is the Series D NAV Per Share and the denominator of which is the Series I NAV Per Share.