Conversion upon Satisfaction of Common Stock Sale Price Condition. A Holder may convert its Notes during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ending on March 31, 2022, if the Last Reported Sale Price per share of Common Stock exceeds one hundred and thirty percent (130%) of the Conversion Price for each of at least twenty (20) Trading Days (whether or not consecutive) during the thirty (30) consecutive Trading Days ending on, and including, the last Trading Day of the immediately preceding calendar quarter. Neither the Trustee nor the Conversion Agent shall be responsible to determine whether such Common Stock sale price condition has been satisfied.
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Samples: Indenture (Stem, Inc.)
Conversion upon Satisfaction of Common Stock Sale Price Condition. A Holder may convert its Notes during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ending on March 31June 30, 20222021, if the Last Reported Sale Price per share of Common Stock exceeds one hundred and thirty percent (130%) of the Conversion Price for each of at least twenty (20) Table of Contents Trading Days (whether or not consecutive) during the thirty (30) consecutive Trading Days ending on, and including, the last Trading Day of the immediately preceding calendar quarter. Neither If the conditions in this Section 5.01(C)(i)(1) have been met, the Company will notify in writing the Holders, the Trustee nor and the Conversion Agent shall be responsible to determine whether such Common Stock sale price condition has been satisfied(if other than the Trustee) of the same.
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Samples: Indenture (Magnite, Inc.)
Conversion upon Satisfaction of Common Stock Sale Price Condition. A Before the Close of Business on the Business Day immediately before August 16, 2027, a Holder may convert its Notes during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ending on March December 31, 2022, if the Last Reported Sale Price per share of Common Stock exceeds one hundred and thirty percent (130%) of the Conversion Price for each of at least twenty (20) Trading Days (whether or not consecutive) during the thirty (30) consecutive Trading Days ending on, and including, the last Trading Day of the immediately preceding calendar quarter. Neither the Trustee nor the Conversion Agent shall will be responsible to determine whether such Common Stock sale price condition has been satisfied.
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Samples: Indenture (Nextgen Healthcare, Inc.)
Conversion upon Satisfaction of Common Stock Sale Price Condition. A Holder may convert its Notes during any calendar quarter (and only during such calendar quarter) commencing after the calendar quarter ending on March 31, 20222023, if the Last Reported Sale Price per share of Common Stock exceeds one hundred and thirty percent (130%) of the Conversion Price for each of at least twenty (20) Trading Days (whether or not consecutive) during the thirty (30) consecutive Trading Days ending on, and including, the last Trading Day of the immediately preceding calendar quarter. Neither the Trustee nor the Conversion Agent shall will be responsible to determine for determining whether such Common Stock sale price the condition set forth in the preceding sentence has been satisfied.
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Samples: Indenture (Faro Technologies Inc)