Make-Whole Conversion Right Sample Clauses

Make-Whole Conversion Right. The Conversion Rate for any Notes converted by Holders in accordance with Article 14 hereof in connection with a Springing Repurchase Offer shall be increased by a number of Additional Shares as though such Notes had been converted in connection with a Make-Whole Fundamental Change in accordance with the provisions of Section 14.03 hereof. For purposes of Section 14.03 and this Section 15.04, (a) Notes will be deemed to be converted “in connection with a Springing Repurchase Offer” if the related Conversion Date occurs on or after the tenth (10th) Business Day prior to the Springing Repurchase Date and prior to the close of business on the second Business Day prior to the Springing Repurchase Date, (b) the Effective Date will be deemed to be the Springing Repurchase Date; and (c) the Share Price will be deemed to be the average of the Last Reported Sale Prices of the Ordinary Shares over the ten (10) consecutive Trading Day period ending on, and including, the Trading Day immediately preceding the date on which the Company provides notice of the Springing Repurchase Offer in accordance with the provisions of Section 15.02 hereof.