Common use of Equitable Adjustments to Prices Clause in Contracts

Equitable Adjustments to Prices. Whenever any provision of this Indenture requires the Company to calculate the average of the Last Reported Sale Prices, or any function thereof, over a period of multiple days (including to calculate (i) the Share Price for a Make-Whole Event or (ii) or an adjustment to the Conversion Rate), or to calculate the Daily Conversion Values or Daily VWAPs over an Observation Period, the Company will make appropriate adjustments, if any, to such calculations to account for any adjustment to the Conversion Rate pursuant to Section 5.05(A), would have resulted in an adjustment to the Conversion Rate) that becomes effective, or any event that requires such an adjustment to the Conversion Rate where the Ex- Dividend Date, effective date or Expiration Date, as applicable, of such event occurs, at any time during such period, or Observation Period, as applicable.

Appears in 2 contracts

Samples: Indenture (Maxeon Solar Technologies, Ltd.), Supplemental Indenture (Maxeon Rooster HoldCo, Ltd.)

AutoNDA by SimpleDocs

Equitable Adjustments to Prices. Whenever any provision of this the Indenture requires the Company to calculate the average of the Last Reported Sale Prices, or any function thereof, over a period of multiple days (including to calculate (i) the Share Stock Price for a Make-Whole Event or (ii) or an adjustment to the Conversion Rate), or to calculate the Daily VWAPs, Daily Conversion Values Values, Daily Cash Amounts or Daily VWAPs Share Amounts over an Observation Period, the Company will make appropriate adjustmentswill, if anyappropriate, make proportionate adjustments to such calculations to account for any adjustment to the Conversion Rate pursuant to Section 5.05(A), would have resulted in an adjustment to the Conversion Rate5.05(A)(i) that becomes effective, or any event that requires such requiring an adjustment to the Conversion Rate where the Ex- Ex-Dividend Date, effective date or Expiration Date, as applicable, of such event occurs, at any time during such period, period or Observation Period, as applicable.

Appears in 1 contract

Samples: Supplemental Indenture (Cheesecake Factory Inc)

AutoNDA by SimpleDocs

Equitable Adjustments to Prices. Whenever any provision of this Indenture requires the Company to calculate the average of the Last Reported Sale Prices, or any function thereof, over a period of multiple days (including to calculate (i) the Share Stock Price for a Make-Whole Event or (ii) or an adjustment to the Conversion Rate), or to calculate the Daily VWAPs, Daily Conversion Values Values, Daily Cash Amounts or Daily VWAPs Share Amounts over an Observation Period, the Company will make appropriate adjustmentswill, if anyappropriate, make proportionate adjustments to such calculations to account for any adjustment to the Conversion Rate pursuant to Section 5.05(A), would have resulted in an adjustment to the Conversion Rate5.05(A)(i) that becomes effective, or any event that requires requiring such an adjustment to the Conversion Rate where the Ex- Ex-Dividend Date, effective date or Expiration Date, as applicable, of such event occurs, at any time during such period, period or Observation Period, as applicable.

Appears in 1 contract

Samples: Luminar Technologies, Inc./De

Time is Money Join Law Insider Premium to draft better contracts faster.