Certain Conversions Not Deemed Payment. For the purposes of this Article Four only, (1) the issuance and delivery of junior securities upon conversion of Notes 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 (including Liquidated Damages, if any) on Notes or on account of the purchase or other acquisition of Notes, and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant to
Appears in 1 contract
Samples: Indenture (Imclone Systems Inc/De)
Certain Conversions Not Deemed Payment. For the purposes of -------------------------------------- this Article Four only, (1) the issuance and delivery of junior securities upon conversion of Notes 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 (including Liquidated Damages, if any) on Notes or on account of the purchase or other acquisition of Notes, and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant tothe
Appears in 1 contract
Samples: Indenture (Riverstone Networks Inc)
Certain Conversions Not Deemed Payment. For the purposes of this Article Four 4 only, (1) the issuance and delivery of junior securities upon conversion of Notes Debentures in accordance with Article Fifteen 15 shall not be deemed to constitute a payment or distribution on account of the principal of, premium, if any, or interest (interest, including Liquidated DamagesAdditional Interest, if any) , on Notes Debentures or on account of the purchase or other acquisition of Notes, and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant toaccount
Appears in 1 contract
Certain Conversions Not Deemed Payment. For the purposes of this Article Four 4 only, (1) the issuance and delivery of junior securities upon - conversion of Notes in accordance with Article Fifteen 15 shall not be deemed to -- constitute a payment or distribution on account of the principal of, premium, if any, or interest (including Liquidated Damages, if any) on Notes or on account of the purchase or other acquisition of Notes, and (2) the payment, issuance or delivery of cash (except in satisfaction of fractional shares pursuant toof
Appears in 1 contract
Samples: Indenture (Axcelis Technologies Inc)
