Examples of Company Conversion Option in a sentence
If more than one share of Series D Preferred Stock is surrendered for conversion by the same holder at the same time, the number of whole shares of Common Stock issuable upon conversion of those shares of Series D Preferred Stock shall be computed on the basis of the total number of shares of Series D Preferred Stock so surrendered.(c) Company Conversion Option.
None of the Company, the Trustee, the Note Registrar or any co-Note Registrar shall be required to exchange or register a transfer of (i) any Notes surrendered for conversion or, if a portion of any Note is surrendered for conversion, such portion thereof surrendered for conversion, (ii) any Notes, or a portion of any Note, surrendered for repurchase (and not withdrawn) in accordance with Article 15 or (iii) any Notes converted pursuant to a Company Conversion Option.
In case of any Company Conversion Option, the Company shall at least 30 days prior to the Conversion Date fixed by the Company (unless a shorter notice shall be satisfactory to the Holder), notify the Holder of such Conversion Date.
On the Conversion Date specified by the Company in such notice, the Holder must (a) surrender the Debentures subject to the Company Conversion Option, (b) furnish appropriate endorsements or transfer documents if required by the Conversion Agent, (c) pay any transfer or similar tax, if required, and (d) pay any interest payments as described in the next succeeding sentence.
In case the Conversion Date specified by the Company in a notice pursuant to a Company Conversion Option shall be made subsequent to an Interest Payment Date but prior to the next Interest payment Date (except Debentures called for redemption on a Redemption Date during such period), the Holder will be entitled to an amount equal to the ratable interest payable from such prior Interest Payment Date to the Conversion Date on the principal amount of the Debenture then being converted by the Company.
The effective date for any Company Conversion Option (the “Corporation Conversion Option Date”) shall be on the date that is five (5) Trading Days after the date on which the Corporation issues such press release.
Questions as to which mathematical operations on games are coherent with the feasible actions and specific structures of the underlying social or economic scenario are asked only rarely in the literature.
For the avoidance of doubt, the Company may exercise its right to cause more than one Company Conversion Option during the term of the Indenture so long as it complies with the other requirements of this Section 14.03.
If more than one share of Series D Preferred Stock is surrendered for conversion by the same holder at the same time, the number of whole shares of Common Stock issuable upon conversion of those shares of Series D Preferred Stock shall be computed on the basis of the total number of shares of Series D Preferred Stock so surrendered.(c) Company Conversion Option .
In addition, the Conversion Rate applicable to (a) Notes subject to a Company Conversion Option and surrendered for conversion in accordance with Section 10.12 and (b) Notes converted by a Holder in accordance with Section 10.02 on any Conversion Date on which the Last Reported Sale Price of the Common Stock exceeds the Conversion Price, will be increased by a number of Additional Shares as set forth in this Section 10.07.