Common use of Voluntary Increase Clause in Contracts

Voluntary Increase. The Company from time to time may increase the Conversion Rate by any amount for any period of time if the period is at least 20 days or such longer period as may be required by law and if the increase is irrevocable during the period.

Voluntary Increase. The Company from time to time may increase the Conversion Rate by any amount for any period of time if the period is at least 20 days or such longer period as may be required by law and if the increase is irrevocable during the periodperiod if the Board of Directors determines that such increase would be in the best interest of the Company and the Company provides 15 days' prior notice of any increase in the Conversion Rate; PROVIDED, HOWEVER, that in no event may the Company increase the Conversion Rate such that it causes the Conversion Price to be less than the par value of a share of Common Stock.

Voluntary Increase. The Company from time to time may increase the Conversion Rate by any amount for any period of time if time. If the Conversion Rate is increased, it must be increased the same amount for all Holders of Securities for the same period of time. Whenever the Conversion Rate is increased, the Company shall mail to Securityholders and file with the Trustee and the Conversion Agent a notice of the increase and issue a press release in a commercially reasonable manner describing such increase. The Company shall mail the notice at least 20 days or such longer period as may be required by law and if the increase is irrevocable during the period.Business