Common use of Conversion Period Clause in Contracts

Conversion Period. Notwithstanding the foregoing, if such Security is presented for repurchase pursuant to Article XI, such conversion right shall terminate at the close of business on the last day of the Fundamental Change Conversion/Repurchase Period for such Security (unless the Company shall default on payment when due of the Fundamental Change Repurchase Price and any applicable Make-Whole Premium), in which case the conversion right shall extend to the close of business on the date such default is cured and such Security is repurchased).

Conversion Period. Notwithstanding the foregoing, if such Security is presented for repurchase pursuant to Article XI, such conversion right shall terminate at the close of business on the last day of the Fundamental Change Conversion/Repurchase Period for such Security (unless the Company shall default on payment when due of the Fundamental Change Repurchase Price and any applicable Make-Whole PremiumPrice), in which case the conversion right shall extend to the close of business on the date such default is cured and such Security is repurchased).

Conversion Period. Notwithstanding the foregoing, if such Security is presented for repurchase or redemption pursuant to Article XI, such conversion right shall terminate at the close of business on the Business Date immediately preceding a Redemption Date or the last day of the Fundamental Change Conversion/Repurchase Period for such Security (unless the Company shall default on payment when due of the Fundamental Change Repurchase Price and any applicable Make-Whole Premium)due, in which case the conversion right shall extend to the close of business on the date such default is cured and such Security is redeemed or repurchased).