Common use of Payments Upon Conversion Clause in Contracts

Payments Upon Conversion. (a) Upon any conversion of any Security, on the third Business Day immediately following the last Trading Day of the relevant Observation Period, the Company shall pay or deliver, as the case may be, 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 for each of the 60 Trading Days during the applicable Observation Period for such Security.

Payments Upon Conversion. (a) Upon any conversion of any SecurityNote, on the third Business Day immediately following the last Trading Day of the relevant Observation Period, the Company shall pay or deliver, as the case may be, to converting Holders, in respect of each $1,000 principal amount of Securities Notes being converted, a “Settlement Amount” equal to the sum of the Daily Settlement Amounts for each of the 60 25 Trading Days during the applicable Observation Period for such SecurityNote.

Payments Upon Conversion. (a) Upon any conversion of any SecurityNote, on the third Business Day immediately following the last Trading Day of the relevant Observation Period, the Company shall pay or deliver, as the case may be, deliver to converting Holders, in respect of each $1,000 principal amount of Securities Notes being converted, a “Settlement Amount” equal to the sum of the Daily Settlement Amounts for each of the 60 25 Trading Days during the applicable Observation Period for such SecurityNote.

Payments Upon Conversion. (a) Upon Except as set forth in Section 4.07(a), upon any conversion of any SecurityNote, on the third Business Day immediately following the last Trading Day of the relevant Observation Period, the Company shall pay or deliver, as the case may be, cash to converting Holders, in respect of each $1,000 principal amount of Securities Notes being converted, a in an amount (the “Settlement Amount” ”) equal to the sum of the Daily Settlement Amounts Conversion Values for each of the 60 30 consecutive Trading Days during the applicable Observation Period for such SecurityNote.