Common use of Special Provisions for Partial Calls Clause in Contracts

Special Provisions for Partial Calls. If the Company elects to redeem less than all of the outstanding Notes pursuant to this Section 4.03, and the Holder of any Note, or any owner of a beneficial interest in any Global Note, is reasonably not able to determine, before the Close of Business on the twenty seventh (27th) Scheduled Trading Day (or, if, in accordance with Section 5.03(A)(iii), the Company has elected to settle all conversions of Notes with a Conversion Date that occurs during the related Redemption Conversion Period, the tenth (10th) calendar day) immediately before the Redemption Date for such Redemption, whether such Note or beneficial interest, as applicable, is to be redeemed pursuant to such Redemption, then such Holder or owner, as applicable, will be entitled to convert such Note or beneficial interest, as applicable, at any time before the Close of Business on the second (2nd) Scheduled Trading Day immediately before such Redemption Date (subject to extension of the Redemption Conversion Period pursuant to Section 4.03(F)(v)), and each such conversion will be deemed to be of a Note called for Redemption for purposes of this Section 4.03 and Sections 5.01(C)(i)(4) and 5.07. The Trustee will have no obligation to make any determination in connection with the foregoing.

Appears in 1 contract

Samples: Indenture (Bloom Energy Corp)

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Special Provisions for Partial Calls. If the Company elects to redeem less than all of the outstanding Notes pursuant to this Section 4.03, and the Holder of any Note, or any owner of a beneficial interest in any Global Note, is reasonably not able to determine, before the Close of Business on the twenty seventh second (27th22nd) Scheduled Trading Day (or, if, in accordance with Section 5.03(A)(iii5.03(A)(i)(3), the Company has elected to settle all conversions of Notes with a Conversion Date that occurs during the related Redemption Conversion Period, the tenth (10th) calendar day) immediately before the Redemption Date for such Redemption, whether such Note or beneficial interest, as applicable, is to be redeemed pursuant to such Redemption, then such Holder or owner, as applicable, will be entitled to convert such Note or beneficial interest, as applicable, at any time before during the Close of Business on the second (2nd) Scheduled Trading Day immediately before such related Redemption Date Conversion Period (subject to extension of the Redemption Conversion Period pursuant to Section 4.03(F)(v4.03(G)(v)), and each such conversion will be deemed to be of a Note called for Redemption for purposes of this Section 4.03 and Sections 5.01(C)(i)(4) and 5.07. The Trustee will have no obligation to make any determination in connection with the foregoing.

Appears in 1 contract

Samples: Indenture (Marathon Digital Holdings, Inc.)

Special Provisions for Partial Calls. If the Company elects to redeem less than all of the outstanding Notes pursuant to this Section 4.03, and the Holder of any Note, or any owner of a beneficial interest in any Global Note, is reasonably not able to determine, before the Close of Business on the twenty seventh forty-second (27th42nd) Scheduled Trading Day (or, if, in accordance with Section 5.03(A)(iii5.03(A)(i)(3), the Company has elected to settle all conversions of Notes with a Conversion Date that occurs during the related Redemption Conversion Period, the tenth (10th) calendar day) immediately before the Redemption Date for such Redemption, whether such Note or beneficial interest, as applicable, is to be redeemed pursuant to such Redemption, then such Holder or owner, as applicable, will be entitled to convert such Note or beneficial interest, as applicable, at any time before during the Close of Business on the second (2nd) Scheduled Trading Day immediately before such related Redemption Date Conversion Period (subject to extension of the Redemption Conversion Period pursuant to Section 4.03(F)(v4.03(G)(v)), and each such conversion will be deemed to be of a Note called for Redemption for purposes of this Section 4.03 and Sections 5.01(C)(i)(4) and 5.07. The Trustee will have no obligation to make any determination in connection with the foregoing.

Appears in 1 contract

Samples: Indenture (Cryoport, Inc.)

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Special Provisions for Partial Calls. If the Company elects to redeem less than all of the outstanding Notes pursuant to this Section ‎Section 4.03, and the Holder of any Note, or any owner of a beneficial interest in any Global Note, is reasonably not able to determine, before the Close of Business on the twenty seventh thirty-second (27th32nd) Scheduled Trading Day (or, if, in accordance with Section 5.03(A)(iii‎Section 5.03(A)(i)(3), the Company has elected to settle all conversions of Notes with a Conversion Date that occurs during the related Redemption Conversion Period, the tenth (10th) calendar day) immediately before the Redemption Date for such Redemption, whether such Note or beneficial interest, as applicable, is to be redeemed pursuant to such Redemption, then such Holder or owner, as applicable, will be entitled to convert such Note or beneficial interest, as applicable, at any time before during the Close of Business on the second (2nd) Scheduled Trading Day immediately before such Redemption Date (subject to extension of the related Redemption Conversion Period pursuant to Section 4.03(F)(v))Period, and each such conversion will be deemed to be of a Note called for Redemption for purposes of this Section ‎Section 4.03 and Sections 5.01(C)(i)(4‎5.01(C)(i)(4) and 5.07‎5.07. The Trustee will have no obligation to make any determination in connection with the foregoing.

Appears in 1 contract

Samples: Indenture (Lucid Group, Inc.)

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