Examples of Applicable Conversion Period in a sentence
The Issuer may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Shares, and any portion of the Net Amount the Issuer elects to deliver in Common Shares (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.
The Company may elect to deliver any portion of the Net Amount in cash (the “Net Cash Amount”) or Common Shares, and any portion of the Net Amount the Company elects to deliver in Common Shares (the “Net Shares”) will be the sum of the Daily Share Amounts for each Trading Day during the Applicable Conversion Period.
If the Issuer has elected a Cash Settlement with respect to any Notes tendered for conversion, the Issuer shall deliver, for each $1,000 principal amount of Notes, a cash payment equal to the sum of the Daily Conversion Values for each Trading Day during the relevant Applicable Conversion Period.
If the Issuer has elected or is deemed to have elected a Combination Settlement with respect to any Notes tendered for conversion, the Issuer shall deliver, for each $1,000 principal amount of Notes, the sum of the Daily Settlement Amounts for each Trading Day during the relevant Applicable Conversion Period.
The Conversion Value, Principal Return and number of Net Shares shall be determined by the Company promptly following the last day of the Applicable Conversion Period.