Common use of Notice of Adjustments of Conversion Price Clause in Contracts

Notice of Adjustments of Conversion Price. Whenever any conversion price is adjusted as herein provided: (a) the Company shall compute the adjusted conversion price in accordance with Section 13.04 and shall prepare an Officers' Certificate signed by the Treasurer of the Company setting forth the adjusted conversion price and showing in reasonable detail the facts on which such adjustment is based, and such certificate shall forthwith be filed (with a copy to the Trustee) at each office or agency maintained pursuant to Section 10.02 for the purpose of conversion of the Securities to which the adjusted conversion price applies; and (b) a notice stating that the conversion price has been adjusted and setting forth the adjusted conversion price shall forthwith be prepared, and as soon as practicable after it is prepared, such notice shall be mailed by the Company to all Holders of Securities to which the adjusted conversion price applies at their last addresses as they shall appear in the Security Register.

Appears in 4 contracts

Samples: Indenture (Innovative Valve Technologies Inc), Indenture (American Residential Services Inc), Indenture (Pentegra Dental Group Inc)

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Notice of Adjustments of Conversion Price. Whenever any the conversion price is adjusted as herein provided: (a) the Company shall compute the adjusted conversion price in accordance with Section 13.04 1405 and shall prepare an Officers' Certificate signed by Certificate, one of the signatories of which shall be the Treasurer of the Company Company, setting forth the adjusted conversion price and the adjusted conversion rate and showing in reasonable detail the facts on upon which such adjustment is based, and such certificate shall forthwith be filed (with a copy to the Trustee) at each office or agency maintained pursuant to Section 10.02 for the purpose of conversion of the Securities pursuant to which the adjusted conversion price appliesSection 1002; and (b) a notice stating that the conversion price has been adjusted and setting forth the adjusted conversion price shall forthwith be preparedrequired, and as soon as practicable after it is preparedrequired, such notice shall be mailed by the Company to all Holders of Securities to which the adjusted conversion price applies at their last addresses as they shall appear in the Security Register.

Appears in 2 contracts

Samples: First Supplemental Indenture (Perkinelmer Inc), First Supplemental Indenture (Corning Inc /Ny)

Notice of Adjustments of Conversion Price. Whenever any conversion price the Conversion Price is adjusted as herein provided: (a) the Company shall compute the adjusted conversion price Conversion Price in accordance with Section 13.04 4.05 hereof and shall prepare an Officers' Certificate signed by Certificate, one of the signatories of which shall be the Treasurer of the Company Company, setting forth the adjusted conversion price Conversion Price and the adjusted Conversion Rate and showing in reasonable detail the facts on upon which such adjustment is based, and such certificate shall forthwith be filed (with a copy to the Trustee) at each office or agency maintained pursuant to Section 10.02 for the purpose of conversion of 2008 Debentures pursuant to Section 1002 of the Securities to which the adjusted conversion price appliesIndenture; and (b) a notice stating that the conversion price Conversion Price has been adjusted and setting forth the adjusted conversion price Conversion Price shall forthwith be preparedrequired, and as soon as practicable after it is preparedrequired, such notice shall be mailed by the Company to the Trustee and all Holders of Securities to which the adjusted conversion price applies at their last addresses as they shall appear in the Security Register.

Appears in 1 contract

Samples: Second Supplemental Indenture (Corning Inc /Ny)

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Notice of Adjustments of Conversion Price. Whenever any conversion price the Conversion Price is adjusted as herein provided: (a) the Company Issuer shall compute the adjusted conversion price Conversion Price in accordance with Section 13.04 and shall prepare an Officers' Certificate a certificate signed by the Treasurer or an Assistant Treasurer, the Controller or an Assistant Controller of the Company Issuer setting forth the adjusted conversion price Conversion Price and showing in reasonable detail the facts on upon which such adjustment is based, and such certificate shall forthwith be filed (with a copy to the Trustee) Trustee and at each office or agency maintained pursuant to Section 10.02 for the purpose of conversion of the Securities pursuant to which the adjusted conversion price appliesSection 3.02; and (b) a notice stating that the conversion price Conversion Price has been adjusted and setting forth the adjusted conversion price Conversion Price shall forthwith be preparedrequired, and as soon as practicable after it is preparedrequired, such notice shall be prepared by the Issuer, filed with the Trustee and mailed by the Company Issuer to all Holders of Securities to which the adjusted conversion price applies at their last addresses as they shall appear in the Security Register.

Appears in 1 contract

Samples: Indenture (Murphy Oil Corp /De)

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