Common use of Calculations in Respect of Securities Clause in Contracts

Calculations in Respect of Securities. The Company will be responsible for making all calculations called for under the Securities. These calculations include, but are not limited to, determinations of the Closing Sale Price of the Common Stock, Applicable Price of the Common Stock, any Make-Whole Premium, any accrued interest, Additional Payment, Additional Interest or Extension Fee, if applicable, payable on the Securities, the Daily Conversion Rate Fractions and the conversion price of the Securities. The Company will make these calculations in good faith and, absent manifest error, the calculations will be final and binding on Holders of the Securities. The Company will provide to the Trustee a schedule of its calculations, and the Trustee is entitled to rely upon the accuracy of such calculations without independent verification. The Trustee will forward the Company’s calculations to any Holder of the Securities upon the request of such Holder.

Appears in 1 contract

Samples: Indenture (Titan International Inc)

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Calculations in Respect of Securities. The Company will be responsible for making all calculations called for under the Securities. These calculations include, but are not limited to, determinations of the Closing Sale Price market prices of the Common Stock, Applicable Price of Securities and the Common Stock, any Make-Whole Premium, any accrued interest, Additional Payment, Additional Interest or Extension Fee, if applicable, interest payable on the Securities, the Daily Conversion Rate Fractions Accreted Value of the Securities and the conversion price Accreted Conversion Price of the Securities. The Company will make these calculations in good faith and, absent manifest error, the calculations will be final and binding on Holders of the Securities. The Company will provide to the Trustee a schedule of its calculations, and the Trustee is entitled to rely upon the accuracy of such calculations without independent verification. The Trustee will forward the Company’s 's calculations to any Holder of the Securities upon the request of such Holder.

Appears in 1 contract

Samples: Indenture (Manpower Inc /Wi/)

Calculations in Respect of Securities. The Company will be responsible for making all any calculations called for under the Securities. These calculations include, but are not limited to, determinations of the Closing Sale Trading Price of the Common Stock, Applicable Securities and the Closing Price of the Common Stock, any Make-Whole Premium, any accrued interest, Additional Payment, Additional Interest or Extension Fee, if applicable, payable on the Securities, the Daily Conversion Rate Fractions Capped Anti-Dilution Multiplier, the Uncapped Anti-Dilution Multiplier, the Parity Share Number and the conversion price of projected payment schedule with respect to the Securities. The Company will make these calculations in good faith and, absent manifest error, the its calculations will be final and binding on the Holders of the Securities. The Company will provide to the Trustee a schedule of its calculationscalculations to the Trustee, and the Trustee is entitled to rely upon the accuracy of such the Company's calculations without independent verification. The Trustee will forward the Company’s 's calculations to any Holder of the Securities upon the a written request of by such Holder.

Appears in 1 contract

Samples: Indenture (Conseco Inc)

Calculations in Respect of Securities. The Company will be responsible for making all calculations called for under the Securities. These calculations include, but are not limited to, determinations of the Closing Sale Price market prices of the Common Stock, Applicable Price of Securities and the Common Stock, any Make-Whole PremiumOrdinary Shares, any accrued interest, Additional Payment, Additional Contingent Cash Interest or Extension Fee, if applicable, payable on the Securities, the Daily Conversion Rate Fractions Accreted Value of the Securities and the conversion price Accreted Conversion Price of the Securities. The Company will make these calculations in good faith and, absent manifest error, the calculations will be final and binding on Holders of the Securities. The Company will provide to the Trustee a schedule of its calculations, and the Trustee is entitled to rely upon the accuracy of such calculations without independent verification. The Trustee will forward the Company’s 's calculations to any Holder of the Securities upon the request of such Holder.

Appears in 1 contract

Samples: Indenture (Xl Capital LTD)

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Calculations in Respect of Securities. The Company will be responsible for making all calculations called for under the Securities, except for such calculations made by the Reset Rate Agent. These calculations include, but are not limited to, determinations of the Closing Sale Price market prices of the Common Stock, Applicable Price of Securities and the Common Stock, any Make-Whole PremiumOrdinary Shares, any accrued interest, Additional Payment, Additional Interest or Extension Fee, if applicable, interest payable on the Securities, the Daily Conversion Rate Fractions Accreted Value of the Securities and the conversion price Accreted Conversion Price of the Securities. The Company will make these calculations in good faith and, absent manifest error, the calculations will be final and binding on Holders of the Securities. The Company will provide to the Trustee a schedule of its calculations, and the Trustee is entitled to rely upon the accuracy of such calculations without independent verification. The Trustee will forward the Company’s 's calculations to any Holder of the Securities upon the request of such Holder.

Appears in 1 contract

Samples: Xl Capital LTD

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