Common use of Conversion Upon Certain Distributions Clause in Contracts

Conversion Upon Certain Distributions. If the Company takes any action, or becomes aware of any event, that would require an adjustment to the Conversion Rate pursuant to SECTIONS 10.05(B), 10.05(C), 10.05(D) or 10.05(E), the Securities may be surrendered for conversion into cash, ADSs or a combination of cash and ADSs beginning on the date the Company mails the notice to the Holders as provided in SECTION 10.10 (or, if earlier, the date the Company is required to mail such notice) and at any time thereafter until the close of business on the Business Day immediately preceding the Ex Date (as defined in SECTION 10.05(E)), effective date or expiration date, as the case may be, of the applicable transaction or until the Company announces that such transaction will not take place.

Appears in 2 contracts

Samples: Indenture (Suntech Power Holdings Co., Ltd.), Yingli Green Energy Holding Co LTD

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Conversion Upon Certain Distributions. If the Company takes any action, or becomes aware of any event, that would require an adjustment to the Conversion Rate pursuant to SECTIONS 10.05(BSections 10.05(b), 10.05(C10.05(c), 10.05(D10.05(d) or 10.05(E10.05(e), the Securities may be surrendered 50 for conversion into cashcash or, ADSs or a combination of at the Company’s option, cash and ADSs shares of Common Stock beginning on the date the Company mails the notice to the Holders as provided in SECTION Section 10.10 (or, if earlier, the date the Company is required under this Indenture to mail such notice) and at any time thereafter until the close of business on the Business Day immediately preceding the Ex Date (as defined in SECTION 10.05(ESection 10.05(g)), effective date or expiration date, as the case may be, ) of the applicable transaction or until the Company announces that such transaction will not take place.

Appears in 1 contract

Samples: Diodes Incorporated (Diodes Inc /Del/)

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Conversion Upon Certain Distributions. If the Company takes any action, or becomes aware of any event, that would require an adjustment to the Conversion Rate pursuant to SECTIONS 10.05(B), 10.05(C), 10.05(D) or 10.05(E), the Securities may be surrendered for conversion into cash, ADSs or a combination of cash and ADSs beginning on the date the Company mails the notice to the Holders as provided in SECTION 10.10 (or, if earlier, the date the Company is required to mail such notice) and at any time thereafter until the close of business on the Business Day immediately preceding the Ex Date (as defined in SECTION 10.05(E))Date, effective date or expiration date, as the case may be, of the applicable transaction or until the Company announces that such transaction will not take place.

Appears in 1 contract

Samples: Suntech Power Holdings Co., Ltd.

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