Exercise of Conversion. In order to convert, the Holder of any Security to be converted shall surrender such Security to the Issuer at any time during usual business hours at its office or agency maintained for the purpose as provided in this Indenture, accompanied by a fully executed written notice, in substantially the form set forth on the reverse of the Security, that the Holder elects to convert such Security or a stated portion thereof constituting a multiple of $1,000 principal amount, and, if such Security is surrendered for conversion during the period between the close of business on any record date and the opening of business on the following interest payment date and has not been called for redemption on a redemption date within such period (or on such interest payment date), accompanied also by payment of an amount equal to the interest payable on such interest payment date on the principal amount of the Security being surrendered for conversion. Such notice shall also state the name or names (with address) in which any certificate or certificates for Conversion Proceeds constituting securities shall be issued. Securities surrendered for conversion shall (if so required by the Issuer or the Trustee) be duly endorsed by, or be accompanied by a written instrument or instruments of transfer in form satisfactory to the Issuer duly executed by, the Holder or his attorney duly authorized in writing. As promptly as practicable after the receipt of such notice and the surrender of such Security as aforesaid, the Issuer shall, subject to the provisions of this Article Thirteen, deliver the Conversion Proceeds thereof at such office or agency to such Holder, or on his written order. Such conversion shall be deemed to have been effected immediately prior to the close of business on the date (herein called the "Date of Conversion") on which such notice shall have been received by the Issuer and such Security shall have been surrendered as aforesaid, and the person or persons in whose name or names any certificate or certificates for Conversion Proceeds constituting securities shall be issuable upon such conversion shall be deemed to have become on the Date of Conversion the holder or holders of record of the securities represented thereby; provided, however, that any such surrender on any date when the stock transfer books for such securities shall be closed shall constitute the person or persons in whose name or names the certificate or certificates are to be issued as the reco...
Exercise of Conversion. To exercise its right of conversion, Registered Owner shall surrender the Debenture to the Company at its registered office, accompanied by a written notice in the form annexed hereto as EXHIBIT A, properly completed (the "CONVERSION NOTICE"). Within five (5) Trading Days following its receipt of the Debenture and Conversion Notice, the Company shall, assuming it has not elected to exercise its right to redeem pursuant to Paragraph 6 below, issue and deliver (i) a certificate or certificates for the number of full Conversion Shares issuable, registered in Registered Owner's name, and (ii) if less than the entire remaining outstanding principal balance of the Debenture is being converted, a replacement note in the remaining outstanding principal amount of the Debenture. Such conversion shall be deemed to have been effected and the number of Conversion Shares issuable in connection with such conversion shall be determined as of the close of business on the date on which the Debenture and Conversion Notice shall have been received by the Company.
Exercise of Conversion. In order to exercise the conversion privilege, Maker shall provide written notice to Payee stating Maker's intention to convert all or a stated portion of the Balance into the Shares. As soon as practicable after the receipt of such notice, Payee shall deliver the original Debenture to Maker. Maker shall then deliver or cause to be delivered to Payee a certificate or certificates for the number of fully paid and non-assessable Shares issuable upon conversion of all or the specified portion of the Balance. In the event that less than the full amount of this Debenture is converted, concurrently with the delivery of the Shares, Maker shall execute and deliver to Payee a new Debenture in principal amount equal to the unconverted portion of this Debenture. 2.3
Exercise of Conversion. SECTION 14.4
Exercise of Conversion. The Holder may exercise his right of ------------------------ conversion at any time authorized under Section 1 above through the following --------- procedure:
Exercise of Conversion. The Holder may exercise his right of conversion at any time authorized under SECTION 1 above through the following procedure:
Exercise of Conversion. The Conversion Right may be exercised by the Holder on any business day on or after the Commencement Date and not later than the Expiration Date by delivering the Warrant with a duly executed exercise form attached hereto with the conversion section completed to the Company, exercising the Conversion Right and specifying the total number of shares of Common Stock the Holder will purchase pursuant to such conversion.
Exercise of Conversion. Rights You may convert the New Notes into shares of our common stock at any time on or before the close of business on the second business day immediately preceding stated maturity, only under the following circumstances: • during any calendar quarter commencing after December 31, 2009, if the closing sale price of our common stock is greater than or equal to 130% of the applicable conversion price for at least 20 trading days in the period of 30 consecutive trading days ending on the last trading day of the preceding calendar quarter; • during the five business day period following any five consecutive trading day period in which the trading price of the notes for each day of such period was less than 98% of the product of the closing sale price per share of our common stock on such day and the conversion rate in effect for the notes on each such day; • if such New Notes have been called for redemption; • at any time on or after September 30, 2027; or • upon the occurrence of a “Fundamental Change” (as defined in the Indenture that will govern the New Notes). The initial conversion rate will be adjusted for certain events, but it will not be adjusted for accrued interest or any additional amounts. You will not receive any cash payment or additional shares representing accrued and unpaid interest upon conversion of a New Note, except in limited circumstances. Instead, interest, including any additional amounts, will be deemed paid by the common stock or combination of cash and common stock delivered to you upon conversion. Subject to our election to satisfy our conversion obligation entirely in shares of our common stock, upon a surrender of your notes for conversion, we will deliver an amount in cash equal to the lesser of the aggregate principal amount of notes to be converted and our total conversion obligation. If our conversion obligation exceeds the aggregate principal amount of notes to be converted, we will deliver shares of our common stock in respect of the excess as described in the Indenture that will govern the New Notes. If you elect to convert your notes in connection with a Fundamental Change, we will pay upon conversion of the notes a make whole premium as described in the Indenture that will govern the New Notes. The premium will be based on the effective stock price at the consummation of the Fundamental Change transaction. The aggregate number of shares of our common stock that we may issue with respect to all of the New Notes will not ...
Exercise of Conversion. Rights in respect of Notes Subject as provided herein and in the Conditions, Noteholders may exercise Conversion Rights in respect of the whole of the principal amount of a Note during the relevant Conversion Period by delivering such Note to the Specified Office of any Paying and Conversion Agent during its usual business hours, together with a duly completed and signed Conversion Notice (the form of which shall be furnished upon request to any Noteholder by any Paying and Conversion Agent) and such Paying and Conversion Agent shall:
Exercise of Conversion. To exercise its right of conversion, the Registered Owner shall surrender this Convertible Debenture to the Company at its registered office, accompanied by a written notice in the form of EXHIBIT A hereto, properly completed (the "CONVERSION NOTICE"). Within five (5) Trading Days following its receipt of this Convertible Debenture and Conversion Notice, the Company shall, assuming it has not elected to exercise its right to redeem pursuant to Paragraph 6 below, issue and deliver (i) a certificate or certificates for the number of full Conversion Shares issuable, registered in the Registered Owner's name, and (ii) if less than the entire remaining outstanding principal balance of this Convertible Debenture is being converted, a replacement note in the remaining outstanding principal amount of this Convertible Debenture. Such conversion shall be deemed to have been effected and the number of Conversion Shares issuable in connection with such conversion shall be determined as of the close of business on the date on which this Convertible Debenture and Conversion Notice shall have been received by the Company. No Exit Fee shall be payable on the portion of the Convertible Debenture being converted.
