Expiration of Conversion Rights. The conversion rights of the Holders shall expire on the close of business on the Business Day prior to the maturity date of the 1998A Debentures, or, in the case of 1998A Debentures called for redemption, at the close of business on the Business Day prior to the Redemption Date unless the Company defaults in making the payment due upon redemption (the "Conversion Expiration Date").
Appears in 2 contracts
Samples: First Supplemental Indenture (El Paso Natural Gas Co), First Supplemental Indenture (El Paso Energy Capital Trust I)
Expiration of Conversion Rights. The conversion rights of the Holders shall expire on the close of business on the Business Day prior to the maturity date of the 1998A Debentures, or, in the case of 1998A Debentures called for redemption, at the close of business on the Business Day prior to the Redemption Date unless the Company defaults in making the payment due upon redemption (the "Conversion Expiration Date").
Appears in 2 contracts
Samples: Junior Convertible Subordinated Indenture (Amcv Capital Trust I), Junior Convertible Subordinated Indenture (American Classic Voyages Co)
