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

Conversion Arrangement on Call for Redemption. In connection with any redemption of Securities, the Company may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers or other purchasers to purchase such Securities by paying to the Paying Agent in trust for the Securityholders, on or before the close of business on the Redemption Date, an amount that, together with any amounts deposited with the Paying Agent by the Company for the redemption of such Securities, is not less than the Redemption Price, together with interest, if any, accrued to, but not including, the Redemption Date, of such Securities. Notwithstanding anything to the contrary contained in this Article 3, the obligation of the Company to pay the Redemption Price of such Securities, including all accrued interest, if any, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities not duly surrendered for conversion by the Holders thereof may, at the option of the Company, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders and (notwithstanding anything to the contrary contained in Article 4) surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the Redemption Date, subject to payment of the above amount as aforesaid. The Paying Agent shall hold and pay to the Holders whose Securities are selected for redemption any such amount paid to it for purchase and conversion in the same manner as it would money deposited with it by the Company for the redemption of Securities. Without the Paying Agent's prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities between the Company and such purchasers, including the costs and expenses incurred by the Paying Agent in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.

Conversion Arrangement on Call for Redemption. In connection with any redemption of Securities, the Company may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers or other purchasers to purchase such Securities by paying to the Paying Agent in trust for the Securityholders, on at or before the close of business prior to 10:00 a.m., New York City time, on the Redemption Date, an amount that, together with any amounts deposited with the Paying Agent by the Company for the redemption of such the Securities, is not less than the Redemption Price, together with interest, if any, accrued to, but not including, to the Redemption Date, of such Securities. Notwithstanding anything to the contrary contained in this Article 3, the obligation of the Company to pay the Redemption Price of such Securities, including all accrued interest, if any, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities not duly surrendered for conversion by the Holders thereof may, at the option of the Company, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders and (notwithstanding anything to the contrary contained in Article 411) surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the Redemption Date, subject to payment of the above amount as aforesaid. The Paying Agent shall hold and pay to the Holders whose Securities are selected for redemption any such amount paid to it for purchase and conversion in the same manner as it would money monies deposited with it by the Company for the redemption of Securities. Without the Paying Agent's ’s prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities between the Company and such purchasers, including the costs and expenses incurred by the Paying Agent in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.

Conversion Arrangement on Call for Redemption. In connection with any redemption of Securities, the Company may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers banks or other purchasers to purchase such Securities by paying to the Paying Agent Trustee in trust for the SecurityholdersHolders of Securities, on or before the close of business prior to 10:00 a.m. New York City time on the Redemption Date, an amount that, together with any amounts deposited with the Paying Agent Trustee by the Company for the redemption of such Securities, is not less than the Redemption PricePrice of, together and any accrued and unpaid interest with interest, if any, accrued respect to, but not including, the Redemption Date, of such Securities. Notwithstanding anything to the contrary contained in this Article 3, the obligation of the Company to pay the Redemption Price Prices of such Securities, including all accrued interest, if any, Securities shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities not duly surrendered for conversion by the Holders thereof may, at the option of the Company, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders and (notwithstanding anything to the contrary contained in Article 4) surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the second Business Day prior to the Redemption Date, subject to payment of the above amount as aforesaid. The Paying Agent Trustee shall hold and pay to the Holders whose Securities are selected for redemption any such amount paid to it for purchase and conversion in the same manner as it would money moneys deposited with it by the Company for the redemption of Securities. Without the Paying AgentTrustee's prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent Trustee as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent Trustee from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities between the Company and such purchasers, including the costs and expenses incurred by the Paying Agent Trustee in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.

Conversion Arrangement on Call for Redemption. In connection with any redemption of SecuritiesNotes, the Company may arrange for the purchase and conversion of any Securities called for redemption Notes by an agreement with one or more investment bankers or other purchasers to purchase such Securities Notes by paying to the Paying Agent Trustee in trust for the SecurityholdersNoteholders, on or before the close of business on the Redemption Datedate fixed for redemption, an amount that, together with any amounts deposited with the Paying Agent by the Company for the redemption of such Securities, is not less than the Redemption Priceapplicable redemption price, together with interest, if any, interest accrued to, but not including, to the Redemption Datedate fixed for redemption, of such SecuritiesNotes. Notwithstanding anything to the contrary contained in this Article 3III, the obligation of the Company to pay the Redemption Price redemption price of such SecuritiesNotes, including all together with interest accrued interestto, if anybut excluding, the date fixed for redemption, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, a copy of which will be filed with the Trustee prior to the date fixed for redemption, any Securities Notes not duly surrendered for conversion by the Holders holders thereof may, at the option of the Company, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders holders and (notwithstanding anything to the contrary contained in Article 4XV) surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the Redemption Datedate fixed for redemption (and the right to convert any such Notes shall be deemed to have been extended through such time), subject to payment of the above amount as aforesaid. The Paying Agent At the direction of the Company, the Trustee shall hold and pay to the Holders whose Securities are selected for redemption dispose of any such amount paid to it for purchase and conversion in the same manner as it would money monies deposited with it by the Company for the redemption of SecuritiesNotes. Without the Paying AgentTrustee's prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities Notes shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent Trustee as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent Trustee from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities Notes between the Company and such purchaserspurchasers to which the Trustee has not consented in writing, including the costs and expenses incurred by the Paying Agent Trustee in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.

Conversion Arrangement on Call for Redemption. In connection with any redemption of SecuritiesNotes, the Company may arrange for the purchase and conversion of any Securities Notes called for redemption by an agreement with one or more investment bankers banks or other purchasers to purchase such Securities Notes by paying to the Paying Agent Trustee in trust for the SecurityholdersHolders of Notes, on or before the close of business prior to 10:00 a.m. New York City time on the Redemption Date, an amount that, together with any amounts deposited with the Paying Agent Trustee by the Company for the redemption of such SecuritiesNotes, is not less than the Redemption PricePrice of, together and any accrued and unpaid interest (either cash interest or Contingent Cash Interest) with interest, if any, accrued respect to, but not including, the Redemption Date, of such SecuritiesNotes. Notwithstanding anything to the contrary contained in this Article 3XI, the obligation of the Company to pay the Redemption Price Prices of such Securities, including all accrued interest, if any, Notes shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, any Securities Notes not duly surrendered for conversion by the Holders thereof may, at the option of the Company, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders and (notwithstanding anything to the contrary contained in Article 4XVI) surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the second Business Day prior to the Redemption Date, subject to payment of the above amount as aforesaid. The Paying Agent Trustee shall hold and pay to the Holders whose Securities Notes are selected for redemption any such amount paid to it for purchase and conversion in the same manner as it would money moneys deposited with it by the Company for the redemption of SecuritiesNotes. Without the Paying AgentTrustee's prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities Notes shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent Trustee as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent Trustee from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities Notes between the Company and such purchasers, including the costs and expenses incurred by the Paying Agent Trustee in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.

Conversion Arrangement on Call for Redemption. In connection with any redemption of SecuritiesNotes, the Company may arrange for the purchase and conversion of any Securities called for redemption Notes by an agreement with one or more investment bankers or other purchasers to purchase such Securities Notes by paying to the Paying Agent Trustee in trust for the SecurityholdersNoteholders, on or before prior to the close of business on Business Day prior to the Redemption Datedate fixed for redemption, an amount that, together with any amounts deposited with the Paying Agent by the Company for the redemption of such Securities, is not less than the Redemption Priceapplicable redemption price, together with interest, if any, interest accrued to, but not including, to the Redemption Datedate fixed for redemption, of such SecuritiesNotes. Notwithstanding anything to the contrary contained in this Article 3III, the obligation of the Company to pay the Redemption Price redemption price of such SecuritiesNotes, including all together with interest accrued interest, if anyto the date fixed for redemption, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, a copy of which shall be filed with the Trustee prior to the date fixed for redemption, any Securities Notes not duly surrendered for conversion by the Holders holders thereof may, at the option of the Company, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders holders and (notwithstanding anything to the contrary contained in Article 4XIV) surrendered by such purchasers for conversion, all as of the time immediately prior to the close of business on the Redemption Datedate fixed for redemption (and the right to convert any such Notes shall be deemed to have been extended through such time), subject to payment of the above amount as aforesaid. The Paying Agent At the direction of the Company, the Trustee shall hold and pay to the Holders whose Securities are selected for redemption dispose of any such amount paid to it for purchase and conversion in the same manner as it would money monies deposited with it by the Company for the redemption of SecuritiesNotes. Without the Paying AgentTrustee's prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities Notes shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent Trustee as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent Trustee from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities Notes between the Company and such purchasers, purchasers including the costs and expenses incurred by the Paying Agent Trustee in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.or

Conversion Arrangement on Call for Redemption. In connection with any redemption of SecuritiesNotes, the Company may arrange for the purchase and conversion of any Securities called for redemption Notes by an agreement with one or more investment bankers or other purchasers to purchase such Securities Notes by paying to the Paying Agent Trustee in trust for the SecurityholdersNoteholders, on or before the close of business on the Redemption Datedate fixed for redemption, an amount that, together with any amounts deposited with the Paying Agent by the Company for the redemption of such Securities, is not less than the Redemption Priceapplicable redemption price, together with interest, if any, interest accrued to, to (but not including, excluding) the Redemption Datedate fixed for redemption, of such SecuritiesNotes. Notwithstanding anything to the contrary contained in this Article 3Three, the obligation of the Company to pay the Redemption Price redemption price of such SecuritiesNotes, including all together with interest accrued interest, if anyto (but excluding) the date fixed for redemption, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, a copy of which will be filed with the Trustee prior to the date fixed for redemption, any Securities Notes not duly surrendered for conversion by the Holders holders thereof may, at the option of the Company's option, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders holders and (notwithstanding anything to the contrary contained in Article 4Fifteen) surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the Redemption Datedate fixed for redemption (and the right to convert any such Notes shall be extended through such time), subject to payment of the above amount as aforesaid. The Paying Agent At the Company's direction, the Trustee shall hold and pay to the Holders whose Securities are selected for redemption dispose of any such amount paid to it for purchase and conversion in the same manner as it would money monies deposited with it by the Company for the redemption of SecuritiesNotes. Without the Paying AgentTrustee's prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities Notes shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent Trustee as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities between the Company and such purchasers, including the costs and expenses incurred by the Paying Agent in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.

Conversion Arrangement on Call for Redemption. In connection with any redemption of Securities, the Company may arrange for the purchase and conversion of any Securities called for redemption by an agreement with one or more investment bankers banks or other purchasers to purchase such Securities by paying to the Paying Agent Trustee in trust for the Securityholders, on or before the close of business on the Redemption Datedate fixed for redemption, an amount that, together with any amounts deposited with the Paying Agent by the Company for the redemption of such Securities, is not less than the Redemption Priceapplicable redemption price, together with interest, if any, Interest accrued to, but not includingexcluding, the Redemption Datedate fixed for redemption, of such Securities. Notwithstanding anything to the contrary contained in this Article 314, the obligation of the Company to pay the Redemption Price redemption price of such Securities, including all together with Interest accrued interestto, if anybut excluding, the date fixed for redemption, shall be deemed to be satisfied and discharged to the extent such amount is so paid by such purchasers. If such an agreement is entered into, a copy of which will be filed with the Trustee prior to the date fixed for redemption, any Securities not duly surrendered for conversion by the Holders holders thereof may, at the option of the Company, be deemed, to the fullest extent permitted by law, acquired by such purchasers from such Holders holders and (notwithstanding anything to the contrary contained in Article 415) surrendered by such purchasers for conversion, all as of immediately prior to the close of business on the Redemption Datedate fixed for redemption (and the right to convert any such Securities shall be extended through such time), subject to payment of the above amount as aforesaid. The Paying Agent At the direction of the Company, the Trustee shall hold and pay to the Holders whose Securities are selected for redemption dispose of any such amount paid to it for purchase and conversion in the same manner as it would money monies deposited with it by the Company for the redemption of Securities. Without the Paying AgentTrustee's prior written consent, no arrangement between the Company and such purchasers for the purchase and conversion of any Securities shall increase or otherwise affect any of the powers, duties, responsibilities or obligations of the Paying Agent Trustee as set forth in this Indenture, and the Company agrees to indemnify the Paying Agent from, and hold it harmless against, any loss, liability or expense arising out of or in connection with any such arrangement for the purchase and conversion of any Securities between the Company and such purchasers, including the costs and expenses incurred by the Paying Agent in the defense of any claim or liability arising out of or in connection with the exercise or performance of any of its powers, duties, responsibilities or obligations under this Indenture.