Common use of Conversion After Regular Record Date Clause in Contracts

Conversion After Regular Record Date. Except as provided in the succeeding paragraph or in Section 12.2(a), upon conversion, the Holder of Notes shall not be entitled to receive any accrued and unpaid interest (including Contingent Interest and Additional Interest, if any), other than overdue interest, if any. If any Notes are surrendered for conversion subsequent to the close of business on any Regular Record Date but prior to the opening of business on the corresponding Interest Payment Date, the Holder of such Notes at the close of business on such Regular Record Date shall receive the interest (including Contingent Interest and Additional Interest, if any), payable on such Notes on such Interest Payment Date notwithstanding the conversion thereof. Notes surrendered for conversion during the period from the close of business on any Regular Record Date to the opening of business on the corresponding Interest Payment Date shall (except in the case of Notes which have been called for redemption on a Redemption Date within such period or Notes surrendered for conversion after acceleration of the Notes) be accompanied by payment by the Holder, for the account of the Company, in New York Clearing House funds or other funds acceptable to the Company of an amount equal to the accrued and unpaid interest (including Contingent Interest and Additional Interest, if any), other than overdue interest, if any, payable on such Interest Payment Date on the Notes being surrendered for conversion.

Appears in 1 contract

Samples: Synaptics Incorporated (Synaptics Inc)

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Conversion After Regular Record Date. Except as provided in the succeeding paragraph or in Section 12.2(a), upon conversionparagraph, the Holder of Notes such Securities shall not be entitled to receive any accrued and unpaid interest (including Contingent Interest and or Additional Interest, if any), other than overdue interest, if any. If any Notes Securities are surrendered for conversion subsequent to the close of business on any Regular Record Date but prior to the opening of business on the corresponding Interest Payment Date, the Holder of such Notes Securities at the close of business on such Regular Record Date shall receive the interest (including Contingent Interest and inclusive of Additional Interest, if any), payable on such Notes Securities on such Interest Payment Date notwithstanding the conversion thereof. Notes Securities surrendered for conversion during the period from the close of business on any Regular Record Date to the opening of business on the corresponding Interest Payment Date shall (except in the case of Notes which have been called for redemption on a Redemption Date within such period or Notes surrendered for conversion after acceleration of the Notes) be accompanied by payment by the HolderHolders, for the account of the Company, in New York Clearing House funds or other funds acceptable to the Company of an amount equal to the accrued and unpaid interest (including Contingent Interest and inclusive of Additional Interest, if any), other than overdue interest, if any, payable on such Interest Payment Date interest payment date on the Notes Securities being surrendered for conversion. Except as provided in Section 12.2(a) and this Section 12.9, no payment or adjustment shall be made in respect of dividends or distributions on the Common Stock issued upon conversion or accrued and unpaid interest (inclusive of Additional Interest, if any), on a converted Security.

Appears in 1 contract

Samples: Immunomedics Inc

Conversion After Regular Record Date. Except as provided in the succeeding paragraph or in Section 12.2(a)paragraph, upon conversion, the Holder of Notes shall not be entitled to receive any accrued and unpaid interest (including Contingent Interest and Additional Interest, if any), ) other than overdue interest, if any. If any Notes are surrendered for conversion subsequent to the close of business on any Regular Record Date but prior to the opening of business on the corresponding Interest Payment Date, the Holder of such Notes at the close of business on such Regular Record Date shall receive the interest (including Contingent Interest and Additional Interest, if any), payable on such Notes on such Interest Payment Date notwithstanding the conversion thereof. Notes surrendered for conversion during the period from the close of business on any Regular Record Date to the opening of business on the corresponding Interest Payment Date shall (except in the case of Notes which have been called for redemption on a Redemption Date within such period or Notes surrendered for conversion after acceleration of the Notes) be accompanied by payment by the Holder, for the account of the Company, in New York Clearing House funds or other funds acceptable to the Company of an amount equal to the accrued and unpaid interest (including Contingent Interest and Additional Interest, if any), Interest (other than overdue interest), if any, payable on such Interest Payment Date on the Notes being surrendered for conversion. Except as described in Section 12.2(a) and this Section 12.9, the Company will not make any payment in cash or Common Stock or other adjustment for accrued and unpaid interest or Additional interest on any Notes when they are converted.

Appears in 1 contract

Samples: Cray Inc

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Conversion After Regular Record Date. Except as provided in the succeeding paragraph or in Section 12.2(a)paragraph, upon conversion, the Holder of Notes shall not be entitled to receive any accrued and unpaid interest or Additional Interest (including Contingent Interest and Additional Interest, if any), other than overdue interest), if any. If any Notes are surrendered for conversion subsequent to the close of business on any Regular Record Date but prior to the opening of business on the corresponding Interest Payment Date, the Holder of such Notes at the close of business on such Regular Record Date shall receive the interest (including Contingent Interest and Additional Interest, if any), payable on such Notes on such Interest Payment Date notwithstanding the conversion thereof. Notes surrendered for conversion during the period from the close of business on any Regular Record Date to the opening of business on the corresponding Interest Payment Date shall (except in the case of Notes which have been called for redemption on a Redemption Date within such period or Notes surrendered for conversion after acceleration of the Notes) be accompanied by payment by the Holder, for the account of the Company, in New York Clearing House funds or other funds acceptable to the Company of an amount equal to the accrued and unpaid interest (including Contingent Interest and Additional Interest, if any), Interest (other than overdue interest), if any, payable on such Interest Payment Date on the Notes being surrendered for conversion. Except as described in Section 12.2(a) and this Section 12.9, the Company will not make any payment in cash or Common Stock or other adjustment for accrued and unpaid interest or Additional interest on any Notes when they are converted.

Appears in 1 contract

Samples: Indenture (Xm Satellite Radio Holdings Inc)

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