Conversion Rate. The rate at which shares of Common Stock shall be delivered upon conversion (the "Conversion Rate") shall be initially 21.6216 shares of Common Stock for each $1,000 principal amount of Notes. The Conversion Rate shall be adjusted in certain instances as provided in Section 2.5 hereof. All calculations under this Article 2 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be.
Appears in 3 contracts
Samples: First Supplemental Indenture (Lamar Advertising Co/New), First Supplemental Indenture (Lamar Advertising Co/New), First Supplemental Indenture (Lamar Advertising Co/New)
Conversion Rate. The rate at which shares of Common Stock shall be delivered upon conversion (the "Conversion Rate") shall be initially 21.6216 19.4148 shares of Common Stock for each $1,000 principal amount of Notes. The Conversion Rate shall be adjusted in certain instances as provided in Section 2.5 hereof. All calculations under this Article 2 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be.
Appears in 2 contracts
Samples: First Supplemental Indenture (Lamar Advertising Co/New), First Supplemental Indenture (Lamar Advertising Co/New)
Conversion Rate. The rate at which shares of Common Stock shall be delivered upon conversion (the "Conversion Rate") shall be initially 21.6216 8.00 shares of Common Stock for each $1,000 principal amount of Notes. The Conversion Rate shall be adjusted in certain instances as provided in Section 2.5 hereof1605 of the Indenture. All calculations under this Article 2 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be.ARTICLE THREE
Appears in 1 contract
Samples: First Supplemental Indenture (Mindspring Enterprises Inc)
Conversion Rate. The rate at which shares of Common Stock shall be delivered upon conversion (the "Conversion Rate") shall be initially 21.6216 6.2240 shares of Common Stock for each $1,000 principal amount at maturity of Notes. The Conversion Rate shall be adjusted in certain instances as provided in Section 2.5 2.05 hereof. However, the Conversion Rate will not be adjusted for accrued Original Issue Discount. All calculations under this Article 2 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
Samples: Second Supplemental Indenture (Providian Financial Corp)
Conversion Rate. The rate at which shares of Common ---------------- Stock of the Company shall be delivered upon conversion (the "Conversion Rate") shall be initially 21.6216 7.416 shares of Common Stock of the Company for each $1,000 principal amount of NotesSecurities. The Conversion Rate shall be adjusted in certain instances as provided in Section 2.5 hereof. All calculations under this Article 2 shall be made to 1605 of the nearest cent or the nearest 1/100th of a shareIndenture, as the case may beamended hereby.
Appears in 1 contract
Samples: Second Supplemental Indenture (Level 3 Communications Inc)
Conversion Rate. The rate at which shares of Common ---------------- Stock of the Company shall be delivered upon conversion (the "Conversion Rate") shall be initially 21.6216 15.3401 shares of Common Stock of the Company for each $1,000 principal amount of Notes. The Conversion Rate shall be adjusted in certain instances as provided in Section 2.5 hereof. All calculations under this Article 2 shall be made to 1605 of the nearest cent or the nearest 1/100th of a shareIndenture, as the case may beamended hereby.
Appears in 1 contract
Samples: First Supplemental Indenture (Level 3 Communications Inc)
Conversion Rate. The rate at which shares of Common Stock shall be delivered upon conversion (the "Conversion Rate") shall be initially 21.6216 7.2446 shares of Common Stock for each $1,000 principal amount of Notes. The Conversion Rate shall be adjusted in certain instances as provided in Section 2.5 hereof. All calculations under this Article 2 shall be made to the nearest cent or the nearest 1/100th of a share, as the case may be.
Appears in 1 contract
Samples: First Supplemental Indenture (Providian Financial Corp)
