Examples of Damages Accrual Period in a sentence
Liquidated Damages due on any Securities or Common Stock shall be payable on each Interest Payment Date on the Securities accruing (or if there are no Securities outstanding, which would have accrued) during the Damages Accrual Period and on the Interest Payment Date immediately following (or which would have followed) the termination of such Period (a "Damages Payment Date").
Liquidated Damages, if any, due on any Notes or Common Stock issued upon conversion thereof shall be payable on each Interest Payment Date on the Notes accruing (or, if there are no Notes outstanding, which would have accrued) during the Damages Accrual Period and on the Interest Payment Date immediately following (or which would have followed) the termination of such Period (a "Damages Payment Date").
If any Holder converts all or any portion of its Notes into Underlying Common Stock during any Damages Accrual Period (a “Damages Accrual Period Conversion”) such that such Holder is no longer a Record Holder with respect to the next succeeding Damages Payment Date, then such Holder shall not be entitled to receive Liquidated Damages Amounts.
Liquidated Damages due on any Securities or Common Stock shall be payable on each Interest Payment Date on the Securities occurring (or if there are no Securities outstanding, which would have occurred) during the Damages Accrual Period and on the Interest Payment Date immediately following (or which would have followed) the termination of such Period (a "Damages Payment Date").
Following the cure of all Events requiring the payment by the Company of Liquidated Damages Amounts to the Holders of Registrable Securities pursuant to this Section, the Damages Accrual Period shall end and the accrual of Liquidated Damages Amounts will cease (without in any way limiting the effect of any subsequent Event requiring the payment of Liquidated Damages Amount by the Company).