Conversion Adjustments. The indenture will provide for the adjustment of the Conversion Price in certain events including, without limitation,
Conversion Adjustments. The indenture will provide for the adjustment of the Conversion Price in certain events including, without limitation, (i) the subdivision or consolidation of the outstanding Common Shares; (ii) the issue of Common Shares or securities convertible into Common Shares by way of stock dividend or other distribution; (iii) the issue of rights, options or warrants with an exercise period of less than 60 days to all of the holders of Common Shares entitling them to acquire Common Shares or other securities convertible into Common Shares at less than 95% of the then market price; (iv) the distribution to all holders of Common Shares of any other securities or assets (including through a spin-off);
Conversion Adjustments. Exhibit 6.1 Articles of Association of PA Exhibit 7.8 Agreements with KTM Group Companies Exhibit 14.15.2 Form of Assignment Notice
Conversion Adjustments. The indenture will provide for the adjustment of the Conversion Price in certain events including, without limitation, (i) the subdivision or consolidation of the outstanding Common Shares; (ii) the issue of Common Shares or securities convertible into Common Shares by way of stock dividend or other distribution; (iii) the issue of rights, options or warrants with an exercise period of less than 60 days to all of the holders of Common Shares entitling them to acquire Common Shares or other securities convertible into Common Shares at less than 95% of the then market price; (iv) the distribution to all holders of Common Shares of any other securities or assets (including through a spin-off); (v) the payment to all holders of Common Shares in respect of an issuer tender offer or exchange offer for Common Shares by the Company to the extent that the market value of the payment exceeds the then market price of the Common Shares on the date of expiry of the bid; and (vi) the payment of cash dividends that exceed ordinary-course periodic dividends on the Common Shares.
Conversion Adjustments. The Conversion Price and the maximum number of shares of Common Stock that may be issuable upon conversion of the Notes will be subject to adjustment for any stock split, reverse stock split, reclassification, recapitalization, consolidation, exchange or like change with respect to the Company’s Common Stock.
Conversion Adjustments. Substantially the same as the conversion adjustments in the Identified Precedent, subject to the Documentation Principles.
Conversion Adjustments. (i) If the Company or any of its subsidiaries, at any time while the Preferred Units are outstanding (A) shall pay a unit dividend or otherwise make a distribution or distributions on any equity securities (including instruments or securities convertible into or exchangeable for such equity securities) in Common Units, (B) subdivide outstanding Common Units into a larger number of units, or (C) combine outstanding Common Units into a smaller number of units, then each Affected Price (as defined below) shall be multiplied by a fraction, the numerator of which shall be the number of Common Units outstanding before such event and the denominator of which shall be the number of Common Units outstanding after such event. Any adjustment made pursuant to this Section 6(d)(i) shall become effective immediately after the record date for the determination of unit holders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision or combination. As used herein, the Affected Prices (each an “Affected Price”) shall refer to: (i) the Closing Price, First Call Redemption Price, Second Call Redemption Price or Low Price (as defined in Section 7(f)); or, as applicable, (ii) each closing price for Common Units occurring on any Trading Day included in the period used for determining the Market Price, which Trading Day occurred before the record date in the case of events referred to in clause (A) of this subparagraph 6(d)(i) and before the effective date in the case of the events referred to in clauses (B) and (C) of this subparagraph 6(d)(i).
(ii) If the Company or any of its subsidiaries, at any time while the Preferred Units are outstanding, shall distribute to all holders of Common Units evidences of its indebtedness or assets or cash (other than the Company’s regularly declared and scheduled dividend) or rights or securities (excluding those referred to in Section 6(d)(i) above and 6(d)(iii) below) or warrants to subscribe for or purchase any security of the Company or any of its subsidiaries (excluding those referred to in Section 6(d)(i) above and 6(d)(iii) below), then each Affected Price shall be adjusted by multiplying the existing Affected Price, by a fraction, (A) the numerator of which is the closing price per Common Unit immediately prior to the record date fixed for determination of Holders of Common Units entitled to receive the distribution (the “Reference Price”) less the fa...
Conversion Adjustments. (a) If any principal amount of this Note remains outstanding on October 1, 2021, then on such date the otherwise effective Conversion Price will be automatically reduced by $0.25. In the event any principal amount of this Note remains outstanding on October 1, 2021 and prior to such time there has been any conversion of this Note pursuant to Section 5, the Parent shall cause such additional Common Stock to be issued to the Investor so that effective Conversion Price in connection with such prior conversion was $0.25 lower.
(b) If the Registration Statement does not become effective within 120 days after the Original Issue Date:
(i) the Maximum Convertible Amount shall increase to 50% of the principal amount of this Note then outstanding ($8,125,000 if no prepayments) (or, if less, the entire outstanding principal amount of the Note on the date of conversion); and
(ii) on such date, the otherwise effective Conversion Price will be automatically reduced by $0.25. In the event the Registration Statement does not become effective within 120 days after the Original Issue Date and prior to such time there has been any conversion of this Note pursuant to Section 5, the Parent shall cause such additional Common Stock to be issued to the Investor so that effective Conversion Price in connection with such prior conversion was $0.25 lower.
(c) Adjustments to the Conversion Price under Section 14(a) or Section 14(b)(ii) shall be non-cumulative, i.e., if an adjustment has become effective under either provision no further adjustment shall occur under the other.
(d) In the event the Parent conducts any capital raise after the Original Issue Date for less than $1.25 per share of Common Stock and prior to such time there has been any conversion of this Note pursuant to Section 5, the Parent shall cause such additional Common Stock to be issued to the Investor so that effective Conversion Price in connection with such prior conversion was the lowest price per share of Common Stock paid in connection with any such capital raise.
Conversion Adjustments. The conversion price and the number and ---------------------- kind of shares of capital stock of the Company issuable on exercise of this Warrant shall be adjusted from time to time as follows:
Conversion Adjustments. The provisions concerning conversion of ----------------------- the Preferred Shares pursuant to Sections 2.3 and 3.3 hereunder shall be subject to adjustment from time to time as follows, with the term "Issuer" as used below to mean the Company or Charter, or both, as the case may be, with respect to conversion rights relating to the Company Common Stock or Charter Common Stock: