Conversion Right and Conversion Rate Sample Clauses

Conversion Right and Conversion Rate. (a) Subject to and upon compliance with the provisions of this Article 4, at the option of the Holder thereof, any portion of the principal amount of any Note that is an integral multiple of $1,000 may be converted into fully paid and non-assessable shares of Common Stock at the Conversion Rate, determined as hereinafter provided, in effect at the time of conversion. The Holders may surrender Notes for conversion at the applicable Conversion Rate at any time after the Exchange Offer Completion Date until the close of business on the Business Day immediately preceding the final maturity date of the Notes. (b) All calculations under this Article 4 shall be made to the nearest cent or to the nearest one-hundredth of a share, as the case may be.
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Conversion Right and Conversion Rate. (a) Subject to and upon compliance with the provisions of this Article 6, at the option of the Holder thereof, at any time prior to the close of business on the Business Date immediately preceding the date of Stated Maturity, unless earlier repurchased, any portion of the principal amount of any Note that is an integral multiple of $1,000 (provided that the principal amount of such Note to remain Outstanding after such conversion is equal to $2,000 or any integral multiple of $1,000 in excess thereof) may be converted at a conversion rate (herein called the “Conversion Rate”), determined as hereinafter provided, in effect at the time of conversion. The Conversion Rate shall be initially 49.5872 shares of Common Stock for each $1,000 principal amount of Notes. The Conversion Rate will be adjusted under the circumstances provided in Section 6.05. (b) If any Holder has submitted Notes for repurchase upon a Fundamental Change in accordance with Article 11 hereof, such Notes submitted for repurchase may be converted only if such Holder withdraws the election for repurchase in accordance with Section 11.07 hereof. (c) All calculations under this Article shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.
Conversion Right and Conversion Rate. (a) Subject to and upon compliance with the provisions of this Article, at the option of the Holder thereof, any Security or any portion of the principal amount thereof which is $1,000 or an integral multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into the number of duly authorized, fully paid and nonassessable shares of Common Stock at the Conversion Rate, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on August 16, 2013. (b) In case a Security or portion thereof is called for redemption, such conversion right in respect of the Security or the portion so called, shall expire at the close of business on the Business Day immediately preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Fundamental Change for which the Holder exercises its Repurchase Right with respect to a Security or portion thereof, such conversion right in respect of the Security or portion thereof shall expire at the close of business on the Business Day preceding the Repurchase Date. (c) The rate at which shares of Common Stock shall be delivered upon conversion (the “Conversion Rate”) shall be initially equal to 37.0370 shares of Common Stock per $1,000 principal amount of Securities. The Conversion Rate shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), (h) and (l) of Section 12.4 hereof. (d) If a Holder converts its Securities in connection with a Fundamental Change, such Holder will be entitled to receive an amount, payable in Common Stock equal to the Make-Whole Premium pursuant to Section 12.13, in addition to the shares of Common Stock deliverable upon conversion of the Securities.
Conversion Right and Conversion Rate. (a) Subject to and upon compliance with the provisions of this Article VI, at the option of the Holder thereof, at any time prior to the close of business on the business day immediate prior to Maturity, unless the Notes have been earlier redeemed or repurchased by the Company, all or any portion of the principal amount of any Note that is an integral multiple of $1,000 (provided that the principal amount of such Note to remain outstanding after such conversion is equal to $1,000 or any integral multiple of $1,000 in excess thereof) may be converted into fully paid and non-assessable shares of Common Stock at the Conversion Rate, determined as hereinafter provided, in effect at the time of conversion. (b) If any Holder has submitted Notes for repurchase upon a Fundamental Change in accordance with Section 5.8(c) hereof, such Notes submitted for repurchase may be converted only if such Holder withdraws the election for repurchase in accordance with Section 5.9 hereof. (c) Each $1,000 principal amount of notes converted into shares of Common Stock shall initially be converted at a Conversion Price of $23.51 per share of Common Stock. The initial rate at which shares of Common Stock shall be delivered upon conversion (herein called the “Conversion Rate”) shall be approximately 42.5351 shares of Common Stock for each $1,000 principal amount of Notes. The Applicable Conversion Price will be adjusted under the circumstances provided in Section 6.5. An adjustment to the Applicable Conversion Price will result in a corresponding inverse adjustment to the Applicable Conversion Rate. All calculations under this Article shall be made to the nearest 1/10th cent or to the nearest 1/10,000ths of a share, as the case may be.
Conversion Right and Conversion Rate. (i) Subject to compliance with the provisions of this Article, at the option of the Holder thereof, any Security or any portion of the principal amount thereof that is $1,000 or a multiple of $1,000 may be converted, at any time, at the principal amount thereof, or of such portion thereof, into the number of duly authorized, fully paid and nonassessable shares of Common Stock at the Conversion Rate in effect at the time of conversion. Such conversion right shall commence on the Issue Date and expire at the close of business on the Business Day immediately preceding Maturity or, if the Securities have been called for redemption, at the close of business on the Business Day immediately prior the Redemption Date. (ii) If a transaction described in clause (2) of the definition of Change of Control occurs on or prior to January 15, 2012, the Company shall give notice to the Trustee and all Holders at least 20 days prior to the anticipated Effective Date of such Change of Control. A Holder converting any Security pursuant to this Article 12, at anytime beginning on the date that is 15 days prior to the anticipated Effective Date of such Change of Control and ending on the date that is 15 days after the actual Effective Date, shall be entitled to receive, in addition to a number of shares of Common Stock equal to the Conversion Rate per $1,000 principal amount of Securities, an additional number of shares of Common Stock (the "ADDITIONAL SHARES") as set forth in this clause (a)(ii). If the Conversion Date for such Securities occurs on or after the 15th day prior to the anticipated Effective Date, the Additional Shares, or the value thereof, will be delivered to the converting Holders on the later of the Effective Date and the third Business Day following the Conversion Date. As set forth in Section 12.04, unless the Company elects to change the conversion obligation into Acquirer Common Stock, if a Holder tenders Securities for conversion after the Effective Date of such Change of Control transaction, the Securities will be converted into the kind and amount of shares of stock, securities or other property or assets (including cash or any combination thereof) that the Holders would have owned or been entitled to receive in such Change of Control transaction had such Securities been converted and the Holders had received Common Stock immediately prior to such transaction. If the Conversion Date is after the Effective Date and on or prior to the date that is 15 day...
Conversion Right and Conversion Rate. 67 Section 12.02.
Conversion Right and Conversion Rate. (a) Subject to and upon compliance with the provisions of this Article 13, at the option of the Holder thereof, any portion of the principal amount of any Debenture that is an integral multiple of $1,000 may be converted into fully paid and non-assessable shares of Common Stock at the Conversion Rate, determined as hereinafter provided, in effect at the time of conversion. The Holders of the Debentures may surrender Debentures for conversion at the applicable Conversion Rate at any time prior to the close of business on the Business Day immediately preceding the final maturity date of the Debentures. (b) All calculations under this Article shall be made to the nearest cent or to the nearest one-hundredth of a share, as the case may be.
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Conversion Right and Conversion Rate. 4.1.1 Upon compliance with the provisions of this Article 4, at the option of the Holder thereof, any Security or portion thereof that is an integral multiple of $1,000 principal amount may be converted into fully paid and non-assessable Shares (calculated as to each conversion to the nearest 1/10,000th of a share) at any time prior to the close of business on the Business Day immediately preceding the Final Maturity Date, unless previously redeemed by the Company or purchased by the Company at the Holder’s option pursuant to a Change of Control Purchase Offer, at the Conversion Rate in effect at such time, determined as hereinafter provided, and subject to the adjustments described below. 4.1.2 The conversion rights pursuant to this Article 4 shall commence on the initial issuance date of the Securities and expire at the close of business on the Business Day immediately preceding the Final Maturity Date, subject, in the case of conversion of any Global Security, to any Applicable Procedures. If a Security is called for redemption or submitted or presented for purchase pursuant to Article 3 or Article 5, such conversion right shall terminate at the close of business on the Business Day immediately preceding the Redemption Date or Change of Control Purchase Date for such Security (unless the Company shall fail to make the Redemption Price payment when due in accordance with Article 3 or a Change of Control Purchase Price payment when due in accordance with Article 5, in which case the conversion right shall terminate at the close of business on the date such failure is cured and such Security is redeemed or purchased, as the case may be). Securities in respect of which a Change of Control Purchase Notice has been delivered may not be surrendered for conversion pursuant to this Article 4 prior to a valid withdrawal of such Change of Control Purchase Notice in accordance with the provisions of Article 5. 4.1.3 Provisions of this Indenture that apply to conversion of all of a Security also apply to conversion of a portion of a Security. 4.1.4 A Holder of Securities is not entitled to any rights of a holder of Shares until such Holder has converted its Securities into Shares, and only to the extent such Securities are deemed to have been converted into Shares pursuant to this Article 4. 4.1.5 The Conversion Rate shall be adjusted in certain instances as provided in this Article 4 and in Article 5.
Conversion Right and Conversion Rate. (a) Subject to and upon compliance with the provisions of this Article VI, at the option of the Holder thereof, at any time prior to the close of business on the date of Stated Maturity, unless earlier repurchased, any portion of the Original Principal Amount of any Note that is an integral multiple of $1,000 (provided that the 21 Original Principal Amount of such Note to remain Outstanding after such conversion is equal to $2,000 or any integral multiple of $1,000 in excess thereof) may be converted into fully paid and non-assessable shares of Common Stock at the Conversion Rate, determined as hereinafter provided, in effect at the time of conversion. (b) If any Holder has submitted Notes for repurchase upon a Fundamental Change in accordance with Article 11 hereof, such Notes submitted for repurchase may be converted only if such Holder withdraws the election for repurchase in accordance with Section 11.07 hereof. (c) The rate at which shares of Common Stock shall be delivered upon conversion (herein called the “Conversion Rate”) shall be initially 49.0557 shares of Common Stock for each $1,000 Original Principal Amount of Notes. The Conversion Rate will be adjusted under the circumstances provided in Section 6.05 and Section 6.11. All calculations under this Article shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.
Conversion Right and Conversion Rate. (a) Subject to and upon: compliance with the provisions of this Article, at the option of the Holder thereof, any Security or any portion of the principal amount thereof which is $1,000 or a multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into the number of duly authorized, fully paid and nonassessable Ordinary Shares at the Conversion Rate in effect at the time of conversion. (a) In case a Security or portion thereof is called for redemption, such conversion right in respect of the Security or the portion so called, shall expire at the close of business on the Business Day immediately preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. If a Holder exercises its Purchase Right or Put Purchase Right with respect to a Security or portion thereof, such conversion right in respect of the Security or portion thereof shall expire at the close of business on the Business Day preceding the Purchase Date or Put Purchase Date, as applicable provided, however, in any event, the conversion rights may not be exercised unless and until a Purchase Right or Put Right that has otherwise been provided is validly withdrawn in accordance with this Indenture. (b) Each $1,000 principal amount of the Securities shall be convertible into 35.1328 Ordinary Shares (herein called the "Conversion Rate"), subject to adjustment in certain instances as provided in Section 12.04 hereof.
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