Common use of Cash Payments in Lieu of Fractional Shares Clause in Contracts

Cash Payments in Lieu of Fractional Shares. No fractional shares of Class A Common Stock or scrip representing fractional shares shall be issued upon conversion of Notes. If more than one Note shall be surrendered for conversion at one time by the same holder, the number of full shares which shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted hereby) so surrendered for conversion. If any fractional share of Class A Common Stock otherwise would be issuable upon the conversion of any Note or Notes, the Company shall make an adjustment therefor in cash based upon the Current Market Price of the Class A Common Stock on the last Trading Day prior to the Conversion Date.

Cash Payments in Lieu of Fractional Shares. No fractional shares of Class A Common Stock or scrip representing fractional shares shall be issued upon conversion of the Notes. If more than one Note shall be surrendered for conversion at one time by the same holderHolder, the number of full shares which shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted hereby) so surrendered for conversion. If any fractional share of Class A Common Stock stock otherwise would be issuable upon the conversion of any Note or Notes, the Company shall make an adjustment therefor in cash based upon the Current Market Price average of the Class A closing price (as defined in Section 11.05(g)) of the Common Stock on for the last Trading Day prior to 5 consecutive trading days immediately preceding the Conversion Date.

Cash Payments in Lieu of Fractional Shares. No fractional shares of Class A Common Stock or scrip representing fractional shares shall be issued upon conversion of Notes. If more than one Note shall be surrendered for conversion at one time by the same holder, the number of full shares which shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted hereby) so surrendered for conversion. If any fractional share of Class A Common Stock stock otherwise would be issuable upon the conversion of any Note or Notes, the Company shall make an adjustment therefor therefore in cash based upon the Current Market Price (as defined in Section 12.05(g)) of the Class A Common Stock on the last Trading Day trading day prior to the Conversion Datedate of conversion.

Cash Payments in Lieu of Fractional Shares. No fractional shares of Class A Common Stock or scrip representing fractional shares shall be issued upon conversion of the Notes. If more than one Note shall be surrendered for conversion at one time by the same holderHolder, the number of full shares which shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted hereby) so surrendered for conversion. If any fractional share of Class A Common Stock stock otherwise would be issuable upon the conversion of any Note or Notes, the Company shall make an adjustment therefor in cash based upon the Current Market Price (as defined in Section 11.05(g)) of the Class A Common Stock on for the last Trading Day prior to 5 consecutive trading days immediately preceding the Conversion Date.

Cash Payments in Lieu of Fractional Shares. No fractional ------------------------------------------ shares of Class A Common Stock or scrip representing fractional shares shall be issued upon conversion of Notes. If more than one Note shall be surrendered for conversion at one time by the same holder, the number of full shares which shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted hereby) so surrendered for conversion. If any fractional share of Class A Common Stock stock otherwise would be issuable upon the conversion of any Note or Notes, the Company shall make an adjustment therefor in cash based upon at the Current Market Price current market value thereof to the holder of the Class A Notes. The current market value of a share of Common Stock shall be the Closing Price on the last first Trading Day prior to the Conversion Date.Day

Cash Payments in Lieu of Fractional Shares. No fractional shares of Class A Common Stock or scrip certificates representing fractional shares shall be issued upon conversion of Notes. If more than one Note shall be surrendered for conversion at one time by the same holder, the number of full shares which that shall be issuable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted hereby) so surrendered for conversionsurrendered. If With respect to any fractional share of Class A Common Stock otherwise stock that would be issuable upon the conversion of any Note or Notes, the Company shall make an adjustment and payment therefor in cash based upon to the Current Market holder of Notes at a price equal to the product of such fractional share times the Closing Sale Price of the Class A Common Stock on the last Trading Day prior to the Conversion Date.