Common use of Adjustments to the Conversion Rate Clause in Contracts

Adjustments to the Conversion Rate. The Conversion Rate shall be adjusted from time to time by the Company as described in this Section 12.05, except that the Company shall not make any adjustments to the Conversion Rate for any Holder that participates (as a result of holding the Notes, and at the same time as the holders of Common Units participate) in any of the transactions described below as if such Holder held, for each $1,000 principal amount of Notes held, a number of Common Units equal to the Conversion Rate, without having to convert its Notes.

Appears in 4 contracts

Samples: Indenture (Nextera Energy Partners, Lp), Indenture (Nextera Energy Partners, Lp), Indenture (NextEra Energy Partners, LP)

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Adjustments to the Conversion Rate. The Conversion Rate shall be adjusted from time to time by the Company as described in this Section 12.0511.05, except that the Company shall not make any adjustments to the Conversion Rate for any Holder that participates (as a result of holding the Notes, and at the same time as the holders of Common Units Stock participate) in any of the transactions described below as if such Holder held, for each $1,000 principal amount of Notes held, a number of shares of Common Units Stock equal to the applicable Conversion Rate, without having to convert its Notes.

Appears in 3 contracts

Samples: Indenture (NRG Yield, Inc.), First Supplemental Indenture (Cardtronics PLC), Indenture (NRG Yield, Inc.)

Adjustments to the Conversion Rate. The Conversion Rate shall will be adjusted from time to time by the Company as described in this Section 12.0510.05, except that the Company shall will not make any adjustments to the Conversion Rate for any Holder that participates may participate (as a result of holding the Notes, and at the same time as the holders of the Common Units Stock participate) in any of the transactions described below as if such Holder held, for each $1,000 principal amount of Notes held, a number of shares of the Common Units Stock equal to the applicable Conversion Rate, without having to convert its Notes.

Appears in 3 contracts

Samples: Indenture (Rh), Indenture (Rh), Indenture (Restoration Hardware Holdings Inc)

Adjustments to the Conversion Rate. The Conversion Rate shall be adjusted from time to time by the Company as described in this Section 12.0511.05, except that the Company shall not make any adjustments to the Conversion Rate for any Holder that participates (as a result of holding the Notes, and at the same time as the holders of the Common Units Stock participate) in any of the transactions described below as if such Holder held, for each $1,000 principal amount of Notes held, a number of shares of the Common Units Stock equal to the applicable Conversion Rate, without having to convert its Notes.

Appears in 1 contract

Samples: Indenture (Supernus Pharmaceuticals Inc)

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Adjustments to the Conversion Rate. The Conversion Rate shall be adjusted from time to time by the Company as described in this Section 12.0510.05, except that the Company shall not make any adjustments to the Conversion Rate for any Holder that participates (as a result of holding the Notes, and at the same time as the holders of the Common Units Stock participate) in any of the transactions described below as if such Holder held, for each $1,000 principal amount of Notes held, a number of shares of the Common Units Stock equal to the applicable Conversion Rate, without having to convert its Notes.

Appears in 1 contract

Samples: Indenture (Carriage Services Inc)

Adjustments to the Conversion Rate. The Conversion Rate shall be adjusted from time to time by the Company as described in this Section 12.052.05, except that the Company shall not make any adjustments to the Conversion Rate for any Holder that participates (as a result of holding the Series 2023A Notes, and at the same time and upon the same terms as the holders of Common Units Stock participate) in any of the transactions described below as if such Holder held, for each $1,000 principal amount of Series 2023A Notes held, a number of shares of Common Units Stock equal to the Conversion Rate, without having to convert its Series 2023A Notes.

Appears in 1 contract

Samples: Twenty Seventh Supplemental Indenture (Southern Co)

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