Series D Conversion Ratio definition

Series D Conversion Ratio means, as adjusted pursuant to Section 19.6(d), the number of Common Units issuable upon the conversion of each Series D Preferred Unit pursuant to Section 19.3 or Section 19.6, which shall be equal to (a) the Series D Unit Purchase Price plus Series D Unpaid Distributions in respect of such Series D Preferred Unit divided by (b) the Series D Unit Purchase Price.
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Series D Conversion Ratio means an amount equal to the quotient of (a) the Stated Series D Liquidation Preference divided by (b) an amount equal to the greater of (x) the VWAP for the 10 consecutive Trading Days ending immediately prior to the date the applicable Series D Holder provides the Series D Conversion Notice to the Partnership and (y) $4.00 (with such $4.00 amount to be adjusted from time to time for splits, combinations and other similar transactions relating to the Common Units and with such conversion ratio being subject to adjustments from time to time pursuant to Section 16.8(c)).
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Series D Conversion Ratio means the ratio of the Series D Purchase Price to the Series D Conversion Price.
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Examples of Series D Conversion Ratio in a sentence

  • With respect to any cash disbursements, if any, made from the Stockholder Expense Fund by the Stockholder Expense Fund Agent to the Securityholders in accordance with the terms of the Stockholder Expense Fund Agreement, an amount determined by dividing (1) the product of (x) the amount of such disbursement multiplied by (y) the Series D Conversion Ratio by (2) the Escrow FD Number.

  • Subsequently, it obtained two bids from companies X and Y, respectively.

  • If the Additional Closing Payment Adjustment Payment becomes payable under Section 2.5(c), an amount equal to the product of (1) the Additional Closing Payment Adjustment Payment Per FD Share, multiplied by (2) the Series D Conversion Ratio.

  • With respect to any cash disbursements, if any, made from the Escrow Fund by the Escrow Agent to the Securityholders in accordance with the terms of the Escrow Agreement, an amount determined by dividing (1) the product of (x) the amount of such disbursement multiplied by (y) the Series D Conversion Ratio by (2) the Escrow FD Number.

  • If and when an Initial Earn-Out Amount becomes payable under Section 2.5(d), an amount equal to the product of (1) the Initial Earn-Out Amount Per FD Share, multiplied by (2) the Series D Conversion Ratio.

  • The number of shares of Company Common Stock issuable upon conversion of one share of Series D Preferred Stock (the “ Series D Conversion Ratio”), which Series D Conversion Ratio is 1.0 as of the date of this Agreement.


More Definitions of Series D Conversion Ratio

Series D Conversion Ratio shall have the meaning set forth in Section 4.3(a).
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Series D Conversion Ratio means the quotient of (i) $0.5497 divided by (ii) $0.5497.
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Related to Series D Conversion Ratio

  • Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.

  • Series B Conversion Price means, as of the applicable Conversion Date, the greater of (A) the average of the Market Values of the Common Stock for the five consecutive Trading Days preceeding (but not including) such Conversion Date, or (B) the then effective Series B Minimum Conversion Price.

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Company Conversion Price means, as of any date of determination, the price which shall be the lower of (i) the applicable Conversion Price and (ii) that price computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the applicable Company Redemption Date (each a “Company Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock during such Company Conversion Measuring Period.

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

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

  • Series D Preferred Stock means shares of the Company’s Series D Preferred Stock, par value $0.00001 per share.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Conversion Value means, with respect to Convertible Capital Appreciation Bonds, the Accreted Value as of the Conversion Date.

  • Series C Preferred Stock means shares of the Company’s Series C Preferred Stock, par value $0.0001 per share.