Examples of Conversion Settlement Consideration in a sentence
If the Company has a stockholder rights plan in effect at the time any Conversion Settlement Consideration is payable or deliverable, as applicable, upon conversion of any Notes, then each share of Common Stock, if any, so deliverable shall be accompanied with such number of rights as would be accompanied by such shares pursuant to such rights plan if such shares were issued in the circumstances set forth in such rights plan as would entitle such shares to be so accompanied by such rights.
Accrued and unpaid interest to the Conversion Date is deemed to be paid in full upon receipt of the Conversion Settlement Consideration rather than cancelled, extinguished or forfeited.
Accrued and unpaid interest, if any, to the Conversion Date is deemed to be paid in full upon receipt of the Conversion Settlement Consideration rather than cancelled, extinguished or forfeited.
For the avoidance of doubt, in the event Cash Settlement or Combination Settlement applies to a conversion of a Note in connection with a Non-Stock Change of Control, the Conversion Rate for each Conversion Settlement Period Trading Day in the Conversion Settlement Period applicable to such conversion shall be increased by such Additional Shares for purposes of determining the Conversion Settlement Consideration due upon such conversion.
Subject to and upon compliance with the provisions of this Article XII, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note, at any time prior to the Close of Business on the second Scheduled Trading Day immediately preceding the Maturity Date into Conversion Settlement Consideration in the manner provided in, and subject to, this Article XII.
If an adjustment to the Conversion Rate is required under this Section 10.05(d) in respect of Notes that have been tendered for conversion, delivery of the related Conversion Settlement Consideration shall be delayed to the extent necessary in order to complete the calculations provided for in this Section 10.05(d).
If an adjustment to the Conversion Rate is required under this Section 10.05(f) in respect of Notes that have been tendered for conversion, delivery of the related Conversion Settlement Consideration shall be delayed to the extent necessary in order to complete the calculations provided for in this Section 10.05(f).