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Common use of Share Reserve Clause in Contracts

Share Reserve. At all times from and after the Issue Date when any Notes are outstanding, the Company will reserve, out of its share issue mandate, a number of Ordinary Shares sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is adjusted pursuant to Section 5.05 or Section 5.06, or increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 3 contracts

Samples: Indenture (Maxeon Solar Technologies, Ltd.), Indenture (Maxeon Solar Technologies, Ltd.), Indenture (Maxeon Rooster HoldCo, Ltd.)

Share Reserve. At all times from and after the Issue Date when any Notes are outstanding, the Company will reserve, out of its share issue mandateauthorized, unreserved and not outstanding Ordinary Shares, a number of Ordinary Shares sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is adjusted pursuant to Section 5.05 or Section 5.06, or increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 3 contracts

Samples: Indenture (Farfetch LTD), Indenture (Farfetch LTD), Indenture (Aegerion Pharmaceuticals, Inc.)

Share Reserve. At all times from and after the Issue Date when any Notes are outstanding, the Company Parent will reserve, out of its share issue mandateauthorized, unreserved and not outstanding Ordinary Shares, a number of Ordinary Shares sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is adjusted pursuant to Section 5.05 or Section 5.06, or increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 3 contracts

Samples: Indenture (Amryt Pharma PLC), Indenture (Amryt Pharma PLC), Indenture

Share Reserve. At all times from and after the Issue Date when any Notes are outstanding, the Company will reserve, out of its share issue mandateauthorized but unissued and unreserved Ordinary Shares, a number of Ordinary Shares sufficient equal to permit the conversion product of (i) the aggregate principal amount (expressed in thousands) of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (yii) the Conversion Rate is adjusted pursuant to Section 5.05 or Section 5.06then in effect (assuming, or increased by the maximum amount pursuant to which for these purposes, that the Conversion Rate may be increased pursuant to Section 5.07).

Appears in 2 contracts

Samples: Indenture (SMART Global Holdings, Inc.), Indenture (SMART Global Holdings, Inc.)

Share Reserve. At all times when any Notes are outstanding from and after the Issue Date when any Notes are outstandingAuthorized Share Effective Date, the Company will reserve, reserve (out of its share issue mandate, authorized but unissued Common Shares that are not reserved for other purposes) a number of Ordinary Common Shares sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is adjusted pursuant to Section 5.05 or Section 5.06, or increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Samples: Indenture (Inotiv, Inc.)

Share Reserve. At all times from and after the Issue Date when any Notes are outstanding, the Company will reserve, out of its share issue mandateauthorized but unissued and unreserved Ordinary Shares, a number of Ordinary Shares sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is adjusted pursuant to Section 5.05 or Section 5.06, or increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.

Appears in 1 contract

Samples: Indenture (SMART Global Holdings, Inc.)

Share Reserve. At all times from and after the Issue Date when any Notes are outstanding, the Company will reserve, out of its share issue mandateauthorized, unreserved and not outstanding Ordinary Shares, a number of Ordinary Shares sufficient to permit the conversion of all then-outstanding Notes, assuming (x) Physical Settlement will apply to such conversion; and (y) the Conversion Rate is adjusted pursuant to Section 5.05 or Section 5.06, or increased by the maximum amount pursuant to which the Conversion Rate may be increased pursuant to Section 5.07.. FullDPWPathandDateText US-DOCS\113092644.12

Appears in 1 contract

Samples: Indenture (Farfetch LTD)