Common use of Notice of Adjustment Clause in Contracts

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effect.

Appears in 26 contracts

Samples: Indenture (St Mary Land & Exploration Co), McData Corp, McData Corp

AutoNDA by SimpleDocs

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, or Securityholders become entitled to other securities or due bills, the Company shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee The certificate shall receive an Officers' Certificate setting forth an adjustment be conclusive evidence of the Conversion Price, correctness of such adjustment and the Trustee may conclusively assume without inquiry that the Conversion Price has not been adjusted that, unless and that the last Conversion Price of which it has knowledge remains in effectuntil such certificate is received by it, no such adjustment is required.

Appears in 11 contracts

Samples: Indenture (Murco Drilling Corp), Indenture (Manugistics Group Inc), Indenture (Waste Connections Inc/De)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 7 contracts

Samples: Indenture (Actuant Corp), Indenture (Symantec Corp), Indenture (Veritas Software Corp /De/)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 12.02, and file with the Trustee an Officers' Certificate briefly stating the Conversion Rate, the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 5 contracts

Samples: Indenture (Komag Inc /De/), Indenture (Adc Telecommunications Inc), Indenture (Adc Telecommunications Inc)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 16.2, and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 2 contracts

Samples: Indenture (C&d Technologies Inc), C&d Technologies Inc

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment and file with the Trustee and the Conversion Agent an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 2 contracts

Samples: Indenture (Jakks Pacific Inc), Indenture (New Century Financial Corp)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 16.02, and file with the Trustee an Officers' Certificate briefly stating the Conversion Rate, the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 2 contracts

Samples: Indenture (Linear Technology Corp /Ca/), Linear Technology Corp /Ca/

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Century Aluminum Co

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company Parent shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Fairchild Semiconductor International Inc

Notice of Adjustment. (a) Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Flextronics International LTD)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment and file with the Trustee and the Conversion Agent an Officers' Certificate briefly stating the adjustment, the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: WCHS Licensee LLC

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment adjustment, the adjusted Conversion Price and the manner of computing it. Unless and until In the absence of its receipt of such an Officers' Certificate, the Trustee shall receive an be entitled to presume that no such adjustment has been made or is required, and from time to time, the Trustee shall be entitled to rely conclusively on the most recent such Officers' Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effectreceived by it.

Appears in 1 contract

Samples: Registration Rights Agreement (Act Manufacturing Inc)

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment in accordance with Section 14.2, and file with the Trustee an Officers' Officer’s Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Officer’s Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Rambus Inc)

Notice of Adjustment. (a) Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment in accordance with Section 13.01, and file with the Trustee an Officers' Officer’s Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Officer’s Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Rambus Inc)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 16.2, and file with the Trustee an Officers' Officer’s Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Officer’s Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Cheniere Energy Inc)

AutoNDA by SimpleDocs

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 16.2, and file with the Trustee an Officers' Officer's Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Officer's Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Unisource Energy Corp)

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate of Brocade briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate of Brocade setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effect.

Appears in 1 contract

Samples: First Supplemental Indenture (Brocade Communications Systems Inc)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment in accordance with Section 1.04, and file with the Trustee an Officers' Certificate briefly stating the Conversion Rate, the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: And (Radisys Corp)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 14.2, and file with the Trustee an Officers' Certificate briefly stating the Conversion Rate, the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Skyworks Solutions Inc)

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 16.2, and file with the Trustee an Officers' Officer’s Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Officer’s Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Cheniere Energy Inc)

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Satisfaction and Discharge of Indenture (Actuant Corp)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders a notice of the adjustment in accordance with Section 16.2, and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Purchase Agreement (C&d Technologies Inc)

Notice of Adjustment. Whenever the Conversion Price Rate or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment and file with the Trustee and the Conversion Agent an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion PriceRate, the Trustee may assume without inquiry that the Conversion Price Rate has not been adjusted and that the last Conversion Price Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: New Century Financial Corp

Notice of Adjustment. Whenever the Conversion Price or conversion privilege is adjusted, the Company shall promptly mail to Securityholders Holders a notice of the adjustment and file with the Trustee an Officers' Certificate briefly stating the facts requiring the adjustment and the manner of computing it. Unless and until the Trustee shall receive an Officers' Certificate setting forth an adjustment of the Conversion Price, the Trustee may assume without inquiry that the Conversion Price has not been adjusted and that the last Conversion Price of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Egl Inc

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!