Common use of Payment Upon Conversion Clause in Contracts

Payment Upon Conversion. Upon any conversion of any Security, the Company will deliver to Holders in respect of each $1,000 principal amount of Securities being converted a “Settlement Amount” equal to the sum of the Daily Settlement Amounts for each of the 25 Trading Days during the Observation Period.

Appears in 4 contracts

Samples: Newmont Mining Corp /De/, Newmont Mining Corp /De/, Newmont Mining Corp /De/

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Payment Upon Conversion. Upon any conversion of any SecuritySecurities, the Company will deliver to converting Holders in respect of each $1,000 principal amount of Securities being converted a “Settlement Amount” equal to the sum of the Daily Settlement Amounts Amount for each of the 25 20 consecutive Trading Days during the Observation Cash Settlement Averaging Period.

Appears in 3 contracts

Samples: Indenture (Trinity Industries Inc), Trinity Industries Inc, Trinity Industries Inc

Payment Upon Conversion. Upon any conversion of any Security, the Company will deliver to Holders in respect of each $1,000 principal amount of Securities being converted a "Settlement Amount" equal to the sum of the Daily Settlement Amounts for each of the 25 40 Trading Days during the Observation Period.

Appears in 2 contracts

Samples: Chemed Corp, Chemed Corp

Payment Upon Conversion. Upon any conversion of any SecuritySecurities, the Company will deliver to converting Holders in respect of each $1,000 principal amount of Securities being converted a “Settlement Amount” equal to the sum of the Daily Settlement Amounts Amount for each of the 25 20 Trading Days during the Observation Cash Settlement Averaging Period.

Appears in 2 contracts

Samples: Indenture (Manor Care Inc), Manor Care Inc

Payment Upon Conversion. Upon any conversion of any Security, the Company will deliver to Holders converting Holders, in respect of each $1,000 principal amount of Securities being converted converted, a “Settlement Amount” equal to the sum of the Daily Settlement Amounts for each of the 25 Trading Days during the Observation PeriodPeriod for such Security.

Appears in 1 contract

Samples: Group 1 Automotive Inc

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Payment Upon Conversion. Upon any conversion of any Security, the Company will deliver to Holders converting Holders, in respect of each $1,000 principal amount of Securities being converted converted, a “Settlement Amount” equal to the sum of the Daily Settlement Amounts for each of the 25 30 Trading Days during the Observation PeriodPeriod for such Security.

Appears in 1 contract

Samples: Purchase (Kyphon Inc)

Payment Upon Conversion. Upon any conversion of any Security, the Company will shall deliver to Holders converting Holders, in respect of each $1,000 principal amount of Securities being converted converted, a “Settlement Amount” equal to the sum of the Daily Settlement Amounts for each of the 25 Trading Days during the Observation PeriodPeriod for such Security.

Appears in 1 contract

Samples: Purchase (Group 1 Automotive Inc)

Payment Upon Conversion. Upon any conversion of any Security, the Company will deliver to Holders converting Holders, in respect of each $1,000 principal amount of Securities being converted converted, a “Settlement Amount” equal to the sum of the Daily Settlement Amounts Amount for each of the 25 Trading Days during the Observation PeriodPeriod for such Security.

Appears in 1 contract

Samples: Pier 1 Imports Inc/De

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