Common use of Notice of Calculation of Conversion Consideration Clause in Contracts

Notice of Calculation of Conversion Consideration. If any Note is to be converted, then the Company will determine the Conversion Consideration due thereupon promptly following the last VWAP Trading Day of the applicable Observation Period and will promptly thereafter send notice to the Trustee and the Conversion Agent of the same and the calculation thereof in reasonable detail. Neither the Trustee nor the Conversion Agent will have any duty to make any such determination.

Appears in 20 contracts

Samples: Indenture (SMART Global Holdings, Inc.), Indenture (SoFi Technologies, Inc.), Indenture (Progress Software Corp /Ma)

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Notice of Calculation of Conversion Consideration. If any Note is to be convertedConverted, then the Company will determine the Conversion Consideration due thereupon promptly following the last VWAP Trading Day of the applicable Observation Period and will promptly thereafter send notice to the Trustee and the Conversion Agent of the same and the calculation thereof in reasonable detail. Neither the Trustee nor the Conversion Agent will have any duty to make any such determination.

Appears in 4 contracts

Samples: Indenture (Guidewire Software, Inc.), Indenture (Ani Pharmaceuticals Inc), Indenture (Osi Systems Inc)

Notice of Calculation of Conversion Consideration. If any Note is to be converted, then the The Company will determine the Conversion Consideration due thereupon promptly following the last VWAP Trading Day of the applicable Observation Period and will promptly thereafter send notice to the Trustee and the Conversion Agent of the same and the calculation thereof in reasonable detail. Neither the Trustee nor the Conversion Agent will have any duty to make any such determination.

Appears in 2 contracts

Samples: Indenture (Haemonetics Corp), Indenture (Haemonetics Corp)

Notice of Calculation of Conversion Consideration. If any Note is to be converted, then the The Company will determine the Conversion Consideration due thereupon upon conversion of any Note promptly following the last VWAP Trading Day of the applicable Observation Period and will promptly thereafter send notice to the Trustee and the Conversion Agent of the same and the calculation thereof in reasonable detail. Neither the Trustee nor the Conversion Agent will have any duty to make any such determination.

Appears in 2 contracts

Samples: Indenture (Halozyme Therapeutics, Inc.), Indenture (Halozyme Therapeutics, Inc.)

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Notice of Calculation of Conversion Consideration. If any Note is to be converted, then the The Company will determine the Conversion Consideration due thereupon upon the conversion of any Note promptly following the last VWAP Trading Day of the applicable Observation Period and will promptly thereafter send notice to the Trustee and the Conversion Agent of the same and the calculation thereof in reasonable detail. Neither the Trustee nor the Conversion Agent will have any duty to make any such determination.

Appears in 2 contracts

Samples: Indenture (Vail Resorts Inc), Indenture (Mitek Systems Inc)

Notice of Calculation of Conversion Consideration. If any Note is to be converted, then the The Company will determine the Conversion Consideration due thereupon upon conversion of any Note promptly following the last VWAP Trading Day of the applicable Observation Period and will promptly thereafter thereafter, subject to the Depositary’s applicable procedures, send notice to the Trustee and the Conversion Agent (if other than the Trustee) of the same and the calculation thereof in reasonable detaildetail or in such detail as requested by the Depositary. Neither the Trustee nor the Conversion Agent will have any duty to make any such determination.

Appears in 2 contracts

Samples: First Supplemental Indenture (Greenbrier Companies Inc), Indenture (Greenbrier Companies Inc)

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