Payment Upon Conversion. (a) In the event that the Company receives a Holder’s conversion notice, for each $1,000 aggregate principal amount of Securities surrendered for conversion, the Company shall be required to pay to such Holder the aggregate of the Daily Settlement Amounts for each of the 20 consecutive Trading Days during the Cash Settlement Averaging Period (the “Settlement Amount”).
Appears in 3 contracts
Samples: Indenture (Gene D. Yost & Son Inc.), Indenture (MidCon Compression LP), Indenture (Chesapeake Energy Corp)
Payment Upon Conversion. (a) In the event that the Company receives a Holder’s conversion notice, for each $1,000 aggregate principal [[NYCORP:2552346v6:4259b:11/07/05--10:59 p]] amount of Securities surrendered for conversion, the Company shall be required to pay to such Holder the aggregate of the Daily Settlement Amounts Amount for each of the 20 consecutive Trading Days during the Cash Settlement Averaging Period (the “Settlement Amount”).
Appears in 1 contract
Samples: Indenture (Chesapeake Energy Corp)
Payment Upon Conversion. (a) In the event that the Company receives a Holder’s conversion notice, for each $1,000 aggregate principal amount of Securities surrendered for conversion, the Company shall be required to pay to such Holder the aggregate of the Daily Settlement Amounts for each of the 20 consecutive Trading Days during the Cash Settlement Averaging Period (the “Settlement Amount”).
(b) The following terms shall have the following meanings:
Appears in 1 contract
Samples: Indenture (Chesapeake Energy Corp)
