Voluntary Increase. The Issuer from time to time may increase the Conversion Rate by any amount for any period of time. Whenever the Conversion Rate is increased, the Issuer shall mail to Securityholders by first-class mail and file with the Trustee and the Conversion Agent a notice of the increase. The Issuer shall mail the notice at least 15 days before the date the increased Conversion Rate takes effect. The notice shall state the increased Conversion Rate and the period it will be in effect. A voluntary increase of the Conversion Rate does not change or adjust the Conversion Rate otherwise in effect for purposes of Section 11.06, 11.07 or 11.08.
Appears in 4 contracts
Samples: Indenture (Enron Corp/Or/), Indenture (Starwood Hotel & Resorts Worldwide Inc), Indenture (Starwood Hotels & Resorts)
Voluntary Increase. The Issuer from time to time may increase the Conversion Rate by any amount for any period of timeat least 20 days. Whenever the Conversion Rate is increased, the Issuer shall mail to Securityholders by first-class mail holders of the Notes and file with the Trustee and the Conversion Agent a notice of the increase. The Issuer shall mail the notice at least 15 days before the date the increased Conversion Rate takes effect. The notice shall state the increased Conversion Rate and the period it will be in effect. A voluntary increase of the Conversion Rate does not change or adjust the Conversion Rate otherwise in effect for purposes of Section 11.0610.04(a), 11.07 10.04(b) or 11.0810.04(c).
Appears in 3 contracts
Samples: Indenture (Xcel Energy Inc), Indenture (Xcel Energy Inc), Indenture (Xcel Energy Inc)
Voluntary Increase. The Issuer Issuers from time to time may increase the Conversion Rate by any amount for any period of time. Whenever the Conversion Rate is increased, the Issuer Issuers shall mail to Securityholders Holders by first-class mail and file with the Trustee and the Conversion Agent a notice of the increase. The Issuer Issuers shall mail the notice at least 15 days before the date the increased Conversion Rate takes effect. The notice shall state the increased Conversion Rate and the period it will be in effect. A voluntary increase of the Conversion Rate does not change or adjust the Conversion Rate otherwise in effect for purposes of Section 11.06, 11.07 or 11.08.
Appears in 1 contract
Samples: Indenture (Jones Apparel Group Inc)