Common use of Purchase of Securities at Option Clause in Contracts

Purchase of Securities at Option. of the Holder upon a Fundamental Change 16 Section 3.02. Effect of Fundamental Change Purchase Notice 20 Section 3.03. Deposit of Fundamental Change Purchase Price 21 Section 3.04. Securities Purchased in Part 21 Section 3.05. Repayment to the Company 22 Section 3.06. Compliance with Securities Laws upon Purchase of Securities 22 ARTICLE 4 CONVERSION 22 Section 4.01. Conversion Privilege 22 Section 4.02. Conversion Rate 22 Section 4.03. Conversion Procedure 24 Section 4.04. Taxes on Conversion 25 Section 4.05. Company to Provide Stock 25 Section 4.06. Adjustment of Conversion Rate 26 Section 4.07. No Adjustment 32 Section 4.08. Shareholder Rights Agreements 33 Section 4.09. Effect of Reclassification, Consolidation, Merger or Sale on Conversion Privilege 33 Section 4.10. Other Adjustments 34 Section 4.11. Notice of Adjustment 34 Section 4.12. Trustee’s Disclaimer 34 Section 4.13. Settlement Upon Conversion 34 ARTICLE 5 COVENANTS 35 Page Section 5.01. Payment of Securities 35 Section 5.02. Reports and Certain Information 36 Section 5.03. Compliance Certificates 36 Section 5.04. Maintenance of Corporate Existence 36 Section 5.05. Stay, Extension and Usury Laws 36 Section 5.06. Maintenance of Office or Agency of the Trustee, Registrar, Paying Agent and Conversion Agent 36 Section 5.07. Notice of Default 37 Section 5.08. Additional Interest Notice 37 ARTICLE 6 CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE 37 Section 6.01. Company May Consolidate, etc., Only on Certain Terms 37 Section 6.02. Successor Substituted 37 ARTICLE 7 DEFAULT AND REMEDIES 38 Section 7.01. Events of Default 38 Section 7.02. Acceleration 39 Section 7.03. Other Remedies 39 Section 7.04. Waiver of Defaults and Events of Default 40 Section 7.05. Control by Majority 40 Section 7.06. Limitations on Suits 40 Section 7.07. Rights of Holders to Receive Payment and to Convert 41 Section 7.08. Collection Suit by Trustee 41 Section 7.09. Trustee May File Proofs of Claim 41 Section 7.10. Priorities 41 Section 7.11. Undertaking for Costs 42 Section 7.12. Delay or Omission Not Waiver 42 ARTICLE 8 TRUSTEE 42 Section 8.01. Certain Duties and Responsibilities of Trustee 42 Section 8.02. Certain Rights of Trustee 43 Section 8.03. Trustee Not Responsible for Recitals or Issuance or Securities 45 Section 8.04. May Hold Securities 45 Section 8.05. Moneys Held in Trust 45 Section 8.06. Compensation and Reimbursement 45 Section 8.07. Reliance on Officers’ Certificate 46 Section 8.08. Disqualification: Conflicting Interests 46 Section 8.09. Corporate Trustee Required; Eligibility 46 Section 8.10. Resignation and Removal; Appointment of Successor 46 Section 8.11. Acceptance of Appointment By Successor 48 Section 8.12. Merger, Conversion, Consolidation or Succession to Business 48 Section 8.13. Preferential Collection of Claims Against the Company 48 Section 8.14. Notice of Defaults 48 Section 8.15. Reports by Trustee 48 ARTICLE 9 SUBORDINATION 49 Section 9.01. Agreement to Subordinate 49