Examples of Accounting Event in a sentence
If the Company has caused the outstanding Warrants to be exercised in connection with an Accounting Event, all unexercised Warrants will be exercised for the benefit of the Warrantholders on the relevant Accounting Exercise Date if any shares of the Common Stock or Cash in lieu of any fractional shares is deliverable to the Warrantholders as a result of the Net Share Settlement calculation, or if additional shares are deliverable as a result of such Accounting Event as of such Accounting Exercise Date.
If at any time the Issuer determines that an Accounting Event has occurred with respect to any Notes, such Notes will be redeemable in whole, but not in part, at the option of the Issuer having given not less than 15 nor more than 30 days’ notice to the Noteholders in accordance with Condition 15, on any Interest Payment Date at their Redemption Amount.
Any Special Early Redemption will not apply in respect of a Rating Agency Event or an Accounting Event, if at any time any application of the right to redeem would result in a Regulatory Event.
If an Accounting Event occurs prior to the Expiration Date, the Company will have the right to cause all (but not less than all) outstanding Warrants to be exercised on the 27th Trading Day following the Accounting Event Effective Date of such Accounting Event and, in connection with such exercise, the Company will increase the number of shares to which the Warrantholder is entitled with respect to such exercised Warrants, as described in the Warrant Agreement.
If at any time, the Issuer determines that an Accounting Event has occurred with respect to the Notes, the Issuer may, subject to having given not more than 45 nor less than 30 days’ prior notice to the Fiscal Agent and, in accordance with Condition 10, the Noteholders, redeem the Notes in whole, but not in part at any time, at their principal amount plus any accrued interest (including Arrears of Interest) to the date fixed for redemption.