Common use of Exchange Privilege Clause in Contracts

Exchange Privilege. (a) Subject to the conditions described in Section 8.11 hereof, and upon compliance with the provisions of this Article VIII, a Holder of Notes shall have the right, at such Holder’s option, to exchange all or any portion (if the portion to be exchanged is $1,000 principal amount or an integral multiple thereof) of such Note at any time prior to the close of business on the scheduled Trading Day immediately preceding the Maturity Date at a rate (the “Exchange Rate”) of 25.8244 shares of Common Stock (subject to adjustment by the Company as provided in Section 8.04) per $1,000 principal amount of Notes (the “Exchange Obligation”) under the circumstances and during the periods set forth below.

Appears in 4 contracts

Samples: Fourth Supplemental Indenture (Prologis, L.P.), Fourth Supplemental Indenture (Amb Property Lp), Supplemental Indenture (Prologis)

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Exchange Privilege. (a) Subject to the conditions described in Section 8.11 hereof, and upon compliance with the provisions of this Article VIII14, a each Holder of Notes a Note shall have the right, at such Holder’s option, to exchange all or any portion (if the portion to be exchanged is $1,000 principal amount or an integral multiple thereof) of such Note at any time prior to the close of business on the scheduled second Scheduled Trading Day immediately preceding the Maturity Date Date, at a an initial exchange rate (the “Exchange Rate”) of 25.8244 80.0000 shares of Common Stock (subject to adjustment by the Company as provided in Section 8.04this Article 14, the “Exchange Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 14.02, the “Exchange Obligation”) under the circumstances and during the periods set forth below).

Appears in 4 contracts

Samples: Indenture (KORE Group Holdings, Inc.), Backstop Agreement (KORE Group Holdings, Inc.), Indenture (KORE Group Holdings, Inc.)

Exchange Privilege. (a) Subject to the conditions described in clauses (b) through (f) below and to Section 8.11 hereof, and upon compliance with the provisions of this Article VIII, a Holder of Notes shall have the right, at such Holder’s option, to exchange all or any portion (if the portion to be exchanged is $1,000 principal amount or an integral multiple thereof) of such Note at any time prior to the close of business on the scheduled Trading Day immediately preceding the Maturity Date at a rate (the “Exchange Rate”) of 25.8244 shares of Common Stock (subject to adjustment by the Company as provided in Section 8.04) per $1,000 principal amount of Notes (the “Exchange Obligation”) under the circumstances and during the periods set forth below.October

Appears in 1 contract

Samples: Supplemental Indenture (Amb Property Lp)

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Exchange Privilege. (a) Subject to the conditions described in Section 8.11 hereof, and upon compliance with the provisions of this Article VIII14, a at any time prior to the Close of Business on the second Scheduled Trading Day immediately preceding the Maturity Date, each Holder of Notes a Note shall have the right, at such Holder’s option, to exchange all or any portion (if of its Notes at the portion to be Exchange Rate. A Holder may exchange fewer than all of such Xxxxxx’s Notes so long as the Notes exchanged is are a multiple of $1,000 principal amount or at an integral multiple thereof) initial exchange rate of such Note at any time prior to the close of business on the scheduled Trading Day immediately preceding the Maturity Date at a rate (the “Exchange Rate”) of 25.8244 36.36364 shares of Common Stock (subject to adjustment by the Company as provided in Section 8.0414.04, the “Exchange Rate”) per $1,000 principal amount of Notes (subject to the settlement provisions of Section 14.02, the “Exchange Obligation”) under the circumstances and during the periods set forth below).

Appears in 1 contract

Samples: Indenture (Finance of America Companies Inc.)

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