Common use of No Adjustment for Interest or Dividends Clause in Contracts

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an amount equal to the interest payable on such interest payment date.

Appears in 3 contracts

Samples: Sizeler Property Investors Inc, Sizeler Property Investors Inc, Sizeler Property Investors Inc

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No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock Parent Conversion Shares shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or Securities or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an any amount equal to the interest payable on such interest payment date.

Appears in 3 contracts

Samples: Indenture (Ahold Finance Usa Inc), Royal Ahold, Royal Ahold

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or any portion -------- ------- thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an amount equal to the interest payable on such interest payment date.

Appears in 2 contracts

Samples: Sizeler Property Investors Inc, Sizeler Property Investors Inc

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities of any series or dividends on the shares of common stock shall be made upon the conversion of any Security or Securities; provided, however, that if a Security -------- ------- of any series or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person Person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an amount equal to the interest payable on such interest payment date.

Appears in 2 contracts

Samples: Indenture (Assisted Living Concepts Inc), Indenture (Assisted Living Concepts Inc)

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock Common Shares shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person Person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an amount equal to the interest payable on such interest payment datedate unless such interest payment date is October 1, 1999, in which case such payment in respect of interest is not required to accompany any such Securities.

Appears in 1 contract

Samples: Indenture (Health & Retirement Properties Trust)

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock Common Stock shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or any portion thereof shall be converted subsequent to any regular record date Regular Record Date and on or prior to the next succeeding interest payment dateInterest Payment Date, the interest falling due on such interest payment date Interest Payment Date shall be payable on such interest payment date Interest Payment Date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person Person in whose name such Security is registered at the close of business on such regular record date Regular Record Date and Securities surrendered for conversion during the period from the close of business on any regular record date Regular Record Date to the opening of business on the corresponding interest payment date Interest Payment Date must be accompanied by payment of an amount equal to the interest payable on such interest payment dateInterest Payment Date.

Appears in 1 contract

Samples: Indenture (Alternative Living Services Inc)

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock Conversion Shares shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or Securities or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an any amount equal to the interest payable on such interest payment date.

Appears in 1 contract

Samples: Indenture (Ahold Finance Usa Inc)

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No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock Common Stock shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or any portion thereof shall be converted subsequent to any regular record date Regular Record Date and on or prior to the next succeeding interest payment dateInterest Payment Date, the interest falling due on such interest payment date Interest Payment Date shall be payable on such interest payment date Interest Payment Date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person Person in whose name such Security is registered at the close of business on such regular record date Regular Record Date and such Securities surrendered for conversion during the this period from the close of business (i.e., subsequent to any Regular Record Date and on any regular record date or prior to the opening of business on the corresponding interest payment date next succeeding Interest Payment Date) must be accompanied by payment of an amount equal to the interest payable on such interest payment dateInterest Payment Date.

Appears in 1 contract

Samples: American Retirement Corp

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Convertible Securities or dividends on the shares of common stock Conversion Shares shall be made upon the conversion of any Convertible Security or Convertible Securities; provided, however, that if a Convertible Security or Convertible Securities or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person Person in whose name such Convertible Security is registered at the close of business on such regular record date and Convertible Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an any amount equal to the interest payable on such interest payment date.

Appears in 1 contract

Samples: Indenture (Aegon Funding Corp)

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock Common Stock shall be made upon the conversion of any Security or Securities; provided, however, that if a Security or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person Person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an amount equal to the interest payable on such interest payment date.

Appears in 1 contract

Samples: Indenture (Rent Way Inc)

No Adjustment for Interest or Dividends. No payment or adjustment in respect of interest on the Securities or dividends on the shares of common stock Common Stock shall be made upon the conversion of any Security or Securities; providedPROVIDED, howeverHOWEVER, that if a Security or any portion thereof shall be converted subsequent to any regular record date and on or prior to the next succeeding interest payment date, the interest falling due on such interest payment date shall be payable on such interest payment date notwithstanding such conversion, and such interest (whether or not punctually paid or duly provided for) shall be paid to the person Person in whose name such Security is registered at the close of business on such regular record date and Securities surrendered for conversion during the period from the close of business on any regular record date to the opening of business on the corresponding interest payment date must be accompanied by payment of an amount equal to the interest payable on such interest payment date.

Appears in 1 contract

Samples: Sterling House Corp

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