Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 7 contracts
Samples: Indenture (Magnum Hunter Resources Inc), Indenture (Kaydon Corp), Indenture (Yellow Corp)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and the Company provides 15 days prior notice of any reduction in the Conversion Price; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.
Appears in 6 contracts
Samples: Indenture (Emcore Corp), Indenture (Barnes & Noble Inc), Indenture (Mediacom Communications Corp)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 6 contracts
Samples: Indenture (Waste Connections Inc/De), Indenture (Fleming Companies Inc /Ok/), Indenture (Nco Group Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 5 contracts
Samples: Convertible Subordinated Debenture Indenture (Birner Dental Management Services Inc), Indenture (Mci Worldcom Inc), Indenture (Birner Dental Management Services Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 5 contracts
Samples: Indenture (Einstein Noah Bagel Corp), Indenture (Global Telesystems Group Inc), Indenture (Equity Corp International)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided PROVIDED that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 3 contracts
Samples: Indenture (Pinnacle Holdings Inc), Supplemental Indenture (Natural Microsystems Corp), Supplemental Indenture (Natural Microsystems Corp)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Business Days or such longer period as may be required by law and if the reduction is irrevocable during the periodperiod and the Board of Directors determines that such reduction would be in the best interest of the Company. The Company shall provide at least 15 days’ prior notice of any reduction in the Conversion Price; provided that provided, however, in no event may the Company reduce the Conversion Price to be less than the par value of a per share of Common Stock.
Appears in 3 contracts
Samples: Second Supplemental Indenture (DHT Holdings, Inc.), First Supplemental Indenture (DHT Holdings, Inc.), First Supplemental Indenture (DHT Holdings, Inc.)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the such period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during such period; if the periodBoard of Directors determines, in good faith, that such decrease would be in the best interests of the Company; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination by the Board of Directors shall be conclusive.
Appears in 3 contracts
Samples: Indenture (Alesco Financial Inc), Indenture (Privatebancorp, Inc), Indenture (Oil States International Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the such period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 2 contracts
Samples: Indenture (Bec Group Inc), Indenture (Midcom Communications Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and the Company provides 15 days prior notice of any reduction in the Conversion Price; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Pioneer Common Stock.. ANNEX B
Appears in 2 contracts
Samples: First Supplemental Indenture (Pioneer Natural Resources Co), First Supplemental Indenture (Pioneer Natural Resources Co)
Voluntary Reduction. The Company from time to time may voluntarily reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors approves such reduction and the Company provides 15 days prior notice of any voluntary reduction in the Conversion Price; provided PROVIDED, HOWEVER, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.
Appears in 2 contracts
Samples: Purchase Agreement (Citigroup Inc), Indenture (Citigroup Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Class A Common Stock.
Appears in 2 contracts
Samples: Indenture (Kv Pharmaceutical Co /De/), Indenture (Medicis Pharmaceutical Corp)
Voluntary Reduction. The Company Brocade from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors determines that such reduction would be in the best interest of the Company and Brocade and Brocade provides 15 days prior notice of any such reduction in the Conversion Price; provided provided, however, that in no event may Brocade reduce the Conversion Price to be less than the par value of a share of Common Stock.
Appears in 1 contract
Samples: Second Supplemental Indenture (Brocade Communications Systems Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less than the par value of a share of Class A Common Stock.
Appears in 1 contract
Voluntary Reduction. The Company Company, upon the determination by the Board of Directors, and the giving of at least 15 days notice to the Trustee and Holders of Securities, from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 1 contract
Samples: Indenture (Family Golf Centers Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the such period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during such period; if the periodBoard of Directors of the Company determines, in good faith, that such decrease would be in the best interests of the Company; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination by the Board of Directors of the Company shall be conclusive.
Appears in 1 contract
Samples: Indenture (Chesapeake Energy Corp)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount if the Board of Directors determines that this reduction would be in the best interest of the Company for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination with by the Board of Directors shall be conclusive.
Appears in 1 contract
Samples: Indenture (Watermark Realty Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the such period; provided the Company shall give 15 days' prior notice to the Trustee and -------- each holder of Notes of such decrease and the Board of Directors has made a determination that such decrease would be in no event may the Conversion Price best interests of the Company, which determination shall be less than the par value of a share of Common Stockconclusive.
Appears in 1 contract
Samples: Indenture (P Com Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that the Board of Directors of the Company determines that such reduction is in the best interests of the Company; and provided further, that in no event may the Conversion Price be less than the par value of a share of Common Stock.
Appears in 1 contract
Samples: Indenture (Gencorp Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Conversion Price be less -------- ------- than the par value of a share of Common Stock.
Appears in 1 contract
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, that in no event may the Conversion Price be less than then the par value of a share of Common Stock.
Appears in 1 contract
Samples: Indenture (Sterling Software Inc)
Voluntary Reduction. The Company from time to time may voluntarily reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors approves such reduction and the Company provides 15 days prior notice of any voluntary reduction in the Conversion Price; provided provided, however, that in no event -------- ------- may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.
Appears in 1 contract
Samples: Indenture (Chippac Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the such period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during such period, if the periodBoard of Directors determines, in good faith, that such decrease would be in the best interests of the Company; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any such determination by the Board of Directors shall be conclusive.
Appears in 1 contract
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided that in no event may the Conversion Price be less than the par value of a share of Common Stock. Any reduction in the conversion price described in this paragraph will be subject to stockholder approval, to the extent necessary, in accordance with the applicable rules of Nasdaq or any other national stock exchange on which the Company's common stock is listed.
Appears in 1 contract
Samples: Indenture (Yellow Roadway Corp)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Company reduce the Conversion Price -------- ------- to be less than the par value of a share of Common Stock.
Appears in 1 contract
Samples: Indenture (Act Manufacturing Inc)
Voluntary Reduction. The Company from time to time may voluntarily reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days or such longer period as may be required by law days and if the reduction is irrevocable during the periodperiod if the Board of Directors of the Company determines that such reduction would be in the best interest of the Company, and the Company provides 15 days' prior notice of any voluntary reduction in the Conversion Price; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.
Appears in 1 contract
Samples: Indenture (Skyworks Solutions Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the such period; provided the Company shall give 15 days' prior notice to the Trustee and each holder of Notes of such decrease and the Board of Directors has made a determination that such decrease would be in no event may the Conversion Price best interests of the Company, which determination shall be less than the par value of a share of Common Stockconclusive.
Appears in 1 contract
Samples: Indenture (P Com Inc)
Voluntary Reduction. The Company from time to time may reduce the Conversion Price by any amount for any period of time if the period is at least 20 Trading Days days or such longer period as may be required by law and if the reduction is irrevocable during the period; provided provided, however, that in no event may the Company reduce the Conversion Price to be less than the par value of a share of Common Stock.
Appears in 1 contract
Samples: Indenture (Beyond Com Corp)