Conversion Rate
Conversion Rate. Means, in the case of Deferred Stock Units, the dollar amount of the Mandatory Deferral, Voluntary Deferral or Matching Deferral divided by the Fair Market Value on the Payment Date.
Found in
BOWNE & CO INC contract
Conversion Rate. As so adjusted from time to time, the "Conversion Rate") per $1,000 principal amount of Securities. A Holder of a Security otherwise entitled to a fractional share will receive Cash in an amount equal to the value of such fractional share based on the Closing Price of the Common Stock on the related Conversion Date. A Security for which a Holder has delivered a Fundamental Change Repurchase Notice requiring the Company to purchase the Securities may be surrendered for conversion only if such...
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Found in
AIRTRAN HOLDINGS INC contract
Conversion Rate. Means, for each share of Series B Preferred Stock, an amount equal to the quotient of $1,000, divided by the Conversion Price in effect at the time of conversion.
Found in
COMMUNITY CENTRAL BANK CORP contract
Conversion Rate. Shall mean the number of shares of Common Stock issuable upon conversion of each share of Series B Preferred Stock determined by the application of the following formula, where D equals the accrued but unpaid dividends (whether or not earned or declared) plus, upon the written request of the applicable Holder, any unpaid Series B Additional Amounts (as defined below) for each share of Series B Preferred Stock as of the Holder Conversion Date (as defined in Section 6): Stated Value + D ...
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Found in
DDI CORP contract
Conversion Rate. Means 76.7754 shares of Common Stock per $1,000 liquidation preference of Preferred Stock, subject to adjustment pursuant to Section 10 hereof.
Found in
EL PASO CORP contract
Conversion Rate. Means a number equal to (i) $100.00 (as adjusted for any split, subdivision, combination or consolidation, recapitalization or similar event with respect to the Series E Preferred Stock) divided by (ii) the Conversion Price.
Conversion Rate. The Conversion Rate for any conversion as described in Section 5 shall be calculated as 45% of the lowest closing price for the Maker's stock during the ten trading day period prior to such conversion.
Found in
XZERES Corp. contract
Conversion Rate. Means the average currency conversion rate quoted by the Bank of America in London as the price for Pounds Sterling purchased with U.S. Dollars.
Found in
America's Suppliers, Inc. contract
Conversion Rate. Means: 76.9230769231 shares of Common Stock per $1,000 of the sum of principal amount of Notes plus accrued interest thereon plus the Make-Whole Amount related thereto, subject to adjustment as set forth herein, which such Conversion Rate shall be increased and only increased on each Reset Date to equal the greater of (i) 76.9230769231 per $1,000 of the sum of the principal amount of Notes plus accrued interest thereon plus the Make-Whole Amount related thereto, subject to adjustment as set...
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Found in
LAAA Merger Corp. contract
Conversion Rate. The spot exchange rate applicable for converting one (1) U.S. Dollar into Euros which is 1 Euro= $1.433
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Found in
EQUUS TOTAL RETURN, INC. contract