Payment of Cash in Lieu of Common Shares. Upon conversion, the Corporation may offer and the converting holder may agree to the delivery of cash for all or a portion of the Debentures surrendered in lieu of Common Shares.
Payment of Cash in Lieu of Common Shares. Upon conversion and subject to Article 5, the Company may offer and the converting Holder may agree to the delivery of cash for all or a portion of the Debentures surrendered in lieu of Common Shares.
Payment of Cash in Lieu of Common Shares. Upon conversion, the Company may offer and the converting Noteholder may agree to the delivery of cash for all or a portion of the Notes surrendered in lieu of Common Shares, the cash equivalent thereto to be determined on the basis of the Fair Market Value of the Common Shares to be received upon conversion on the Date of Conversion (less applicable withholding taxes, if any).
Payment of Cash in Lieu of Common Shares. Upon conversion of the Debentures, in lieu of delivering Common Shares, the Corporation may elect to pay the holder of the Debenture cash at the option of the Corporation (the "Cash Conversion Option"). If the Corporation elects, in its sole discretion, to settle the conversion obligation in cash, settlement amounts will be computed by paying cash to the converting holder of Debentures in an amount equal to the sum of the Daily Conversion Values for each of the 10 consecutive trading days during the related Observation Period.
