Common use of Conversion Arrangement on Call for Redemption Clause in Contracts

Conversion Arrangement on Call for Redemption. Any Notes called for redemption, unless surrendered for conversion before the close of business on the Business Day immediately preceding the Redemption Date, may be deemed to be purchased from the Holders of such Notes at an amount not less than the Redemption Price, together with accrued interest, if any, to, but not including, the Redemption Date, by one or more investment bankers or other purchasers who may agree with the Company to purchase such Notes from the Holders, to convert them into Common Stock of the Company and to make payment for such Notes to the Paying Agent in trust for such Holders.

Appears in 14 contracts

Samples: Indenture (Symantec Corp), Indenture (Act Manufacturing Inc), Indenture (Bisys Group Inc)

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Conversion Arrangement on Call for Redemption. Any Notes Securities called for redemption, unless surrendered for conversion before the close of business on the Business Day immediately preceding the Redemption Date, may be deemed to be purchased from the Holders of such Notes Securities at an amount not less than the Redemption Price, together with accrued interest, if any, to, but not including, the Redemption Date, by one or more investment bankers or other purchasers who may agree with the Company to purchase such Notes Securities from the Holders, to convert them into Common Stock of the Company and to make payment for such Notes Securities to the Paying Agent in trust for such Holders.

Appears in 8 contracts

Samples: Indenture (St Mary Land & Exploration Co), Indenture (Citigroup Inc), Indenture (Brooks Automation Inc)

Conversion Arrangement on Call for Redemption. Any Notes called for redemption, unless surrendered for conversion before the close of business on the Business Day immediately preceding the Redemption Date, may be deemed to be purchased from the Holders of such Notes at an amount not less than the Redemption Price, together with accrued interestinterest and Additional Interest, if any, to, but not including, the Redemption Date, by one or more investment bankers or other purchasers who may agree with the Company to purchase such Notes from the Holders, to convert them into Common Stock of the Company and to make payment for such Notes to the Paying Agent in trust for such Holders.

Appears in 2 contracts

Samples: Indenture (Americredit Corp), Indenture (Americredit Financial Services of Canada LTD)

Conversion Arrangement on Call for Redemption. Any Notes Securities called for redemption, unless surrendered for conversion before the close of business on the Business Day immediately preceding the Redemption Date, may be deemed to be purchased from the Holders of such Notes Securities at an amount not less than the Redemption Price, together with accrued interest, if any, to, but not including, the Redemption Date, by one or more investment bankers or other purchasers who may agree with the Company to purchase such Notes Securities from the Holders, to convert them into Common Stock of the Company and to make payment for such Notes Securities to the Paying Agent in trust Trust for such Holders.

Appears in 2 contracts

Samples: Indenture (Global Telesystems Group Inc), Indenture (Equity Corp International)

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Conversion Arrangement on Call for Redemption. Any Notes called for redemption, unless surrendered for conversion before the close of business on the Business Day immediately preceding the Redemption Date, may be deemed to be purchased from the Holders of such Notes at an amount not less than the Redemption Price, together with accrued interest, if any, to, but not includingexcluding, the Redemption Date, by one or more investment bankers or other purchasers who may agree with the Company to purchase such Notes from the Holders, to convert them into Common Stock of the Company and to make payment for such Notes to the Paying Agent in trust for such Holders.

Appears in 1 contract

Samples: Indenture (Rf Micro Devices Inc)

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