Common use of Calculations in Respect of Notes Clause in Contracts

Calculations in Respect of Notes. The Company or its agents shall be responsible for making all calculations called for under ARTICLE XII and ARTICLE XIII of the Indenture, including, but not limited to, determination of the Closing Sale Price of Applicable Stock, the Note Price, the number of shares of Common Stock or other Applicable Stock and/or the amount of cash issuable or payable upon conversion and the amounts of interest, Contingent Interest and Additional Interest, if any, on the Notes. Any calculations made in good faith and without manifest error shall be final and binding on Holders of the Notes. The Company or its agents shall be required to deliver to the Trustee a schedule of its calculations and the Trustee shall be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 1 contract

Samples: Comtech Telecommunications Corp /De/

AutoNDA by SimpleDocs

Calculations in Respect of Notes. The Company or its agents shall be responsible for making all calculations called for under ARTICLE XII and ARTICLE XIII of the Indenture, including, but not limited to, determination of the Closing Sale Price of Applicable Stock, the Note Price, the number of shares of Common Stock or other Applicable Stock and/or the amount of cash issuable or payable upon conversion and the amounts of interest, Contingent Interest Additional Amounts and Additional Interest, if any, on the Notes. Any calculations made in good faith and without manifest error shall be final and binding on Holders of the Notes. The Company or its agents shall be required to deliver to the Trustee a schedule of its calculations and the Trustee shall be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 1 contract

Samples: Indenture (Willbros Group Inc)

Calculations in Respect of Notes. The Company or its agents shall be responsible for making all calculations called for under ARTICLE XII and ARTICLE XIII of the Indenture, including, but not limited to, determination of the Closing Sale Price of Applicable Stock, the Note Price, the number of shares of Common Stock or other Applicable Stock and/or the amount of cash issuable or payable upon conversion and the amounts of interest, Contingent Interest and interest (including Additional Interest, if any, ) on the Notes. Any calculations made in good faith and without manifest error shall be final and binding on Holders of the Notes. The Company or its agents shall be required to deliver to the Trustee a schedule of its calculations and the Trustee shall be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 1 contract

Samples: Cray Inc

AutoNDA by SimpleDocs

Calculations in Respect of Notes. The Company or its agents shall be responsible for making all calculations called for under ARTICLE XII and ARTICLE XIII of the Indenture, including, but not limited to, determination of the Closing Sale Price of Applicable Stock, the Note Price, the number of shares of Common Stock or other Applicable Stock and/or the amount of cash issuable or payable upon conversion and the amounts of interest, Contingent Interest interest and Additional Interest, if any, on the Notes. Any calculations made in good faith and without manifest error shall be final and binding on Holders of the Notes. The Company or its agents shall be required to deliver to the Trustee a schedule of its calculations and the Trustee shall be entitled to conclusively rely upon the accuracy of such calculations without independent verification.

Appears in 1 contract

Samples: Indenture (CTS Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.