Effect of Merger on Conversion. Section 2.01.
Effect of Merger on Conversion. 1.1. In accordance with Section 4.06 of each of the First Supplemental Indenture and the Second Supplemental Indenture, at and after the effective time of the Merger, for all conversions that occur after the effective date of the Merger, the right to convert each $1,000 principal amount of Notes is hereby changed into a right to convert such principal amount of Notes into, and the consideration due upon conversion of each $1,000 principal amount of Notes shall be solely, cash in an amount equal to the Conversion Rate (as defined with respect to each series of Notes in the applicable Supplemental Indenture) in effect on the relevant Conversion Date (as defined with respect to each series of Notes in the applicable Supplemental Indenture), multiplied by the Merger Consideration.
Effect of Merger on Conversion