Common use of Certain Conversions Not Deemed Payment Clause in Contracts

Certain Conversions Not Deemed Payment. For the purposes of this Article Fifteen only, (1) the issuance and delivery of junior securities upon conversion of Securities in accordance with Article Fifteen shall not be deemed to constitute a payment or distribution on account of the principal of, premium, if any, or interest on Securities or on account of the purchase or other acquisition of Securities, and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant to Section 1403), property or securities (other than junior securities) upon conversion of a Security shall be deemed to constitute payment on account of the principal of, premium, if any, or interest on such Security. For the purposes of this Section 1512, the term “

Certain Conversions Not Deemed Payment. For the purposes of this Article Fifteen Ten only, (1) the issuance and delivery of junior securities upon conversion of Securities in accordance with Article Fifteen Ten shall not be deemed to constitute a payment or distribution on account of the principal of, premium, if any, or interest on Securities or on account of the purchase or other acquisition of Securities, and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant to Section 140310.03), property or securities (other than junior securities) upon conversion of a Security shall be deemed to constitute payment on account of the principal of, premium, if any, or interest on such Security. For the purposes of this Section 151212.10, the term “"

Certain Conversions Not Deemed Payment. For the purposes of this Article Fifteen 13 only, : (1) the issuance and delivery of junior securities upon conversion of Securities in accordance with Article Fifteen 12 hereof shall not be deemed to constitute a payment or distribution on account of the principal of, premium, if any, or interest (including Additional Interest Amounts, if any) on Securities or on account of the purchase or other acquisition of Securities, and and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant to Section 140312.3 hereof), property or securities (other than junior securities) upon conversion of a Security shall be deemed to constitute payment on account of the principal of, premium, if any, or interest on (including Additional Interest Amounts, if any) such Security. For the purposes of this Section 1512, the term “.

Certain Conversions Not Deemed Payment. For the purposes of this Article Fifteen only, (1) the issuance and delivery of junior securities upon conversion of Securities in accordance with Article Fifteen Fourteen shall not be deemed to constitute a payment or distribution on account of the principal of, premium, if any, or interest on Securities or on account of the purchase or other acquisition of Securities, and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant to Section 1403), property or securities (other than junior securities) upon conversion of a Security shall be deemed to constitute payment on account of the principal of, premium, if any, or interest on such Security. For the purposes of this Section 15121510, the term “"

Certain Conversions Not Deemed Payment. For the purposes of this Article Fifteen 13 only, : (1) the issuance and delivery of junior securities upon conversion of Securities in accordance with Article Fifteen 12 hereof shall not be deemed to constitute a payment or distribution on account of the principal of, premium, if any, or interest on Securities or on account of the purchase or other acquisition of Securities, and and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant to Section 140312.3 hereof), property or securities (other than junior securities) upon conversion of a Security shall be deemed to constitute payment on account of the principal of, premium, if any, or interest on such Security. For the purposes of this Section 1512, the term “.