Common use of Conversion After a Public Acquirer Change of Control Clause in Contracts

Conversion After a Public Acquirer Change of Control. (a) If a Public Acquirer Change of Control occurs, the Company may, in lieu of increasing the Conversion Rate by the Additional Common Stock pursuant to Section 2.01(c), elect to adjust the Conversion Rate such that from and after the effective date of such Public Acquirer Change of Control, Holders of the Notes will be entitled to convert their Notes into a number of shares of Public Acquirer Common Stock by adjusting the Conversion Rate in effect immediately before the Public Acquirer Change of Control by multiplying it by a fraction:

Appears in 2 contracts

Samples: Third Supplemental Indenture (HCC Insurance Holdings Inc/De/), Supplemental Indenture (HCC Insurance Holdings Inc/De/)

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Conversion After a Public Acquirer Change of Control. (a1) If In the event of a Public Acquirer Change of Control occursControl, the Company may, in lieu of increasing adjusting the Conversion Rate by the Additional Common Stock pursuant to Section 2.01(c)4.12, elect to adjust its conversion obligation and the Conversion Rate such that from and after the effective date Effective Date of such Public Acquirer Change of Control, Holders of the Notes will be entitled to convert their Notes into a number of shares of Public Acquirer Common Stock by adjusting the Conversion Rate in effect immediately before the Public Acquirer Change of Control shall be adjusted by multiplying it by a fraction:

Appears in 2 contracts

Samples: Indenture (Nova Biosource Fuels, Inc.), Indenture (Nova Biosource Fuels, Inc.)

Conversion After a Public Acquirer Change of Control. (a) If In the event of a Public Acquirer Change of Control occursControl, the Company may, in lieu of increasing the Conversion Rate by the Additional Common Stock Ordinary Shares pursuant to Section 2.01(c)10.23, elect to adjust the Conversion Rate such that from and after the effective date Effective Date of such Public Acquirer Change of Control, Holders of the Notes Securities will be entitled to convert their Notes Securities into a number of shares of Public Acquirer Common Stock by adjusting the Conversion Rate in effect immediately before the Public Acquirer Change of Control by multiplying it by a fraction:

Appears in 1 contract

Samples: Indenture (Apex Silver Mines LTD)

Conversion After a Public Acquirer Change of Control. (a) If In the event of a Public Acquirer Change of Control occursControl, the Company may, in lieu of increasing the Conversion Rate by issuing the Additional Common Stock Shares pursuant to Section 2.01(c12.2(e), elect to adjust the Conversion Rate and the related Conversion Obligation such that from and after the effective date Effective Date of such Public Acquirer Change of Control, Holders of the Notes will be entitled to convert their Notes Notes, in accordance with Section 12.2 hereof, into a number of shares of Public Acquirer Common Stock by adjusting the Conversion Rate in effect immediately before the Public Acquirer Change of Control by multiplying it by a fraction:

Appears in 1 contract

Samples: Cray Inc

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Conversion After a Public Acquirer Change of Control. (a) If In the event of a Public Acquirer Change of Control occursControl, the Company may, in lieu of increasing the Conversion Rate by issuing the Additional Common Stock Shares pursuant to Section 2.01(c12.2(e), elect to adjust the Conversion Rate and the related conversion obligation such that from and after the effective date Effective Date of such Public Acquirer Change of Control, Holders of the Notes will be entitled to convert their Notes Notes, in accordance with Section 12.2 hereof, into a number of shares of Public Acquirer Common Stock by adjusting the Conversion Rate in effect immediately before the Public Acquirer Change of Control by multiplying it by a fraction:

Appears in 1 contract

Samples: Synaptics Incorporated (Synaptics Inc)

Conversion After a Public Acquirer Change of Control. (a) If In the event of a Public Acquirer Change of Control occursControl, the Company may, in lieu of increasing the Conversion Rate by the Additional Common Stock Shares pursuant to Section 2.01(c)12.03 above, elect to adjust the Conversion Rate and the related conversion obligation such that from and after the effective date Effective Date of such Public Acquirer Change of Control, Holders of the Notes will shall be entitled to convert their Notes Securities, in accordance with Section 12.01, into cash and a number of shares of Public Acquirer Common Stock by adjusting Stock, if applicable. The adjusted Conversion Rate shall be the Conversion Rate in effect immediately before the Public Acquirer Change of Control by multiplying it by a fraction:

Appears in 1 contract

Samples: Pier 1 Imports Inc/De

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