Common use of Withholding Taxes for Adjustments in Conversation Rate Clause in Contracts

Withholding Taxes for Adjustments in Conversation Rate. If the Company pays withholding taxes on behalf of a Holder or beneficial owner as a result of an adjustment to the Conversion Rate, the Company may, at its option, set off such payments against payments of cash and shares of Common Stock on the Notes.

Appears in 9 contracts

Samples: Indenture (HCI Group, Inc.), Indenture (Pra Group Inc), Indenture (HCI Group, Inc.)

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Withholding Taxes for Adjustments in Conversation Rate. If the Company pays withholding taxes on behalf of a Holder or beneficial owner as a result of an adjustment to the Base Conversion Rate, the Company may, at its option, set off such payments against payments of cash and shares of Common Stock on the NotesSecurities.

Appears in 3 contracts

Samples: Indenture (Cogent Communications Group Inc), Indenture (Goodrich Petroleum Corp), Indenture (L-1 Identity Solutions, Inc.)

Withholding Taxes for Adjustments in Conversation Rate. If the Company pays withholding taxes on behalf of a Holder or beneficial owner as a result of an adjustment to the Conversion Rate, the Company may, at its option, set off such payments against payments of cash and shares of Common Stock on the Notes.

Appears in 3 contracts

Samples: First Supplemental Indenture (Goodrich Petroleum Corp), Third Supplemental Indenture (Goodrich Petroleum Corp), First Supplemental Indenture (Goodrich Petroleum Corp)

Withholding Taxes for Adjustments in Conversation Rate. If the Company pays withholding taxes on behalf of a Holder or beneficial owner as a result of an adjustment to the Conversion Rate, the Company may, at its option, set off such payments against payments of cash and shares of Common Stock on the NotesSecurities.

Appears in 2 contracts

Samples: First Supplemental Indenture (Veeco Instruments Inc), First Supplemental Indenture (Flotek Industries Inc/Cn/)

Withholding Taxes for Adjustments in Conversation Rate. If the Company (or an applicable withholding agent) pays withholding taxes on behalf of a Holder or beneficial owner as a result of an adjustment to the Conversion Rate, the Company may, at its option, set off or an applicable withholding agent may, withhold such payments against taxes from payments of cash and shares of Common Stock on the Notes.

Appears in 2 contracts

Samples: Indenture (Encore Capital Group Inc), Indenture (Encore Capital Group Inc)

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Withholding Taxes for Adjustments in Conversation Rate. If the Company pays withholding taxes on behalf of a Holder or beneficial owner as a result of an adjustment to the Conversion Exchange Rate, the Company may, at its option, set off such payments against payments of cash and shares of Common Stock on the NotesSecurities.

Appears in 1 contract

Samples: Indenture (Superior Energy Services Inc)

Withholding Taxes for Adjustments in Conversation Rate. If the Company pays withholding taxes on behalf of a Holder or beneficial owner as a result of an adjustment to the Conversion Rate, the Company may, at its option, set off such payments against payments of cash and shares of Common Stock on the NotesSecurities of such Holder.

Appears in 1 contract

Samples: First Supplemental Indenture (Flotek Industries Inc/Cn/)

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