Notice of Adjustments of Conversion Ratio. Whenever the Conversion Ratio is adjusted as herein provided: (a) The Company shall compute the adjusted Conversion Ratio and shall prepare a certificate signed by the Chairman of the Board, President or a Vice President of the Company and by its Treasurer or an Assistant Treasurer of the Company setting forth the adjusted Conversion Ratio and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed with the Trustee, the Conversion Agent and the transfer agent for the Preferred Securities and the Debentures; and (b) a notice stating that the Conversion Ratio has been adjusted and setting forth the adjusted Conversion Ratio shall as soon as practicable be mailed by the Company to all record holders of Preferred Securities and the Debentures at their last addresses as they appear upon the stock transfer books of the Company and the Trust.
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Samples: Indenture (Tompkins Financial Corp), Indenture (Southside Capital Trust Ii), Indenture (Ifc Capital Trust Ii)
Notice of Adjustments of Conversion Ratio. Whenever the Conversion Ratio is adjusted as herein provided:
(a) The Company Corporation shall compute the adjusted Conversion Ratio and shall prepare a certificate signed by the Chairman of the Board, President or a Vice President of the Company Corporation and by its Treasurer or an Assistant Treasurer of the Company Corporation setting forth the adjusted Conversion Ratio and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed with the Trustee, the Conversion Agent and the transfer agent for the Preferred Securities and the Debentures; and
(b) a A notice stating that the Conversion Ratio has been adjusted and setting forth the adjusted Conversion Ratio shall as soon as practicable be mailed by the Company Corporation to all record holders of Preferred Securities and the Debentures at their last addresses as they appear upon the stock transfer books of the Company Corporation and the Trust.
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