Exchange of Multiple Notes by a Single Holder Sample Clauses

Exchange of Multiple Notes by a Single Holder. If a Holder surrenders more than one Note for exchange on a single Exchange Date, the Issuer will calculate its Exchange Obligation with respect to such Notes as if such Holder had surrendered for exchange one Note having an aggregate principal amount equal to the sum of the principal amounts of each of the Notes surrendered for exchange by such Holder on such Exchange Date.
AutoNDA by SimpleDocs
Exchange of Multiple Notes by a Single Holder. If a Holder Exchanges more than one (1) Note on a single Exchange Date, then the Exchange Consideration due in respect of such Exchange will (in the case of any Global Note, to the extent permitted by, and practicable under, the Depositary Procedures) be computed based on the total principal amount of Notes Exchanged on such Exchange Date by such Holder.
Exchange of Multiple Notes by a Single Holder. If a Holder surrenders more than one Note for exchange on a single Exchange Date, the Company will calculate the amount of cash and the number of shares of Common Stock due with respect to such Notes as if such Holder had surrendered for exchange one Note having an aggregate principal amount equal to the sum of the principal amounts of each of the Notes surrendered for exchange by such Holder on such Exchange Date or, if the Notes surrendered for exchange are beneficial interests in a Global Note, based on such other aggregate number of Notes, or beneficial interests therein, being surrendered by the Holder for exchange on the same date as the Depositary may otherwise request.
Exchange of Multiple Notes by a Single Holder. If a Holder surrenders more than one Physical Note for exchange on a single Exchange Date, the Company will calculate the number of ADSs due with respect to such Physical Notes as if such Holder had surrendered for exchange one Physical Note having an aggregate principal amount equal to the sum of the principal amounts of each of the Physical Notes surrendered for exchange by such Holder on the same Exchange Date.

Related to Exchange of Multiple Notes by a Single Holder

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