Exchange of Notes. (i) The Exchange Right will be deemed to be exercised on the date of delivery of the Exchange Notice. The number of shares of Common Stock to be issued and delivered to Purchaser in connection with the delivery of the Exchange Notice shall be determined by dividing the Conversion Principal Amount as set forth in such Exchange Notice by the Note Exercise Price then in effect.
Appears in 3 contracts
Samples: Purchase Agreement (Psi Technologies Holdings Inc), Exchange Agreement (Merrill Lynch & Co Inc), Purchase Agreement (Psi Technologies Holdings Inc)
Exchange of Notes. (i) The Exchange Right will be deemed to be exercised on the date of delivery of the Exchange Notice. The number of shares of Common Stock to be issued and delivered to a Purchaser in connection with the delivery of the Exchange Notice shall be determined by dividing the Conversion Principal Amount as set forth in such Exchange Notice by the Note Exercise Price then in effect.
Appears in 2 contracts
Samples: Exchange Agreement (Txu Corp /Tx/), Exchange Agreement (Txu Us Holdings Co)
Exchange of Notes. (i) The Exchange Right will be deemed to be exercised on the date of delivery of the Exchange Notice. The number of shares of Common Stock to be issued and delivered to Purchaser in connection with the delivery of the Exchange Notice shall be determined by dividing the Conversion Principal Amount as set forth in such Exchange Notice by the Note Exercise Price then in effect.
Appears in 1 contract
Samples: Amended and Restated Exchange Agreement (Merrill Lynch & Co Inc)
