Examples of Public Acquirer Common Stock in a sentence
If the Company elects to adjust the Conversion Rate as described in this Section 11.01(c), from and after the Effective Date of such Public Acquirer Change of Control, Holders of the Securities will be entitled to convert their Securities into a number of shares of Public Acquirer Common Stock based on the Conversion Rate as so adjusted, and Holders will not be entitled to the Additional Shares pursuant to Section 11.03(c) as a result of such Public Acquirer Change of Control.
In certain circumstances involving a Public Acquirer Change of Control, the Company may elect, in lieu of increasing the Exchange Rate by the number of Additional Shares of Common Stock, to provide for the exchange of the Notes into shares of the Public Acquirer Common Stock as set forth in Section 14.07 of the Indenture.
Notwithstanding the previous sentence, in the case of a Public Acquirer Change of Control, the Company may, in lieu of increasing the Conversion Rate by Additional Shares, elect to adjust the Conversion Rate and Conversion Obligation such that from and after the effective date of such Public Acquirer Change of Control, Holders of the Securities shall be entitled to convert their Securities into a number of shares of Public Acquirer Common Stock, as determined pursuant to Section 10.01(d) of the Indenture.
Under certain circumstances, if the acquiring entity is a public company, the conversion obligations may be converted into conversion obligations of the acquiring entity to convert Securities into Public Acquirer Common Stock as set forth in the Indenture.
If the Company makes this election, then the Company shall adjust the Conversion Rate and the Company’s related Conversion Obligation such that, from and after the Effective Date of the Public Acquirer Fundamental Change, the right to convert a Security will be changed into a right to convert such security into shares of Public Acquirer Common Stock, Cash or an combination of shares of Public Acquirer Common Stock and Cash.