Conversion Obligation definition

Conversion Obligation shall have the meaning specified in Section 14.01(a).

Conversion Obligation has the meaning specified in Section 10.01.

Conversion Obligation has the meaning specified in Section 4.01(a).

Examples of Conversion Obligation in a sentence

• If more than one Note shall be surrendered for conversion at one time by the same Holder, the Conversion Obligation with respect to such Notes shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted thereby) so surrendered.

• If the Company does not timely elect a Settlement Method, the Company shall no longer have the right to elect Cash Settlement or Physical Settlement, and the Company shall be deemed to have elected Combination Settlement in respect of its Conversion Obligation, and the Specified Dollar Amount per $1,000 principal amount of Notes shall be deemed to be $1,000.

• Delivery of the amounts owing in satisfaction of the Conversion Obligation shall be made by the Company in no event later than the date specified in subsection (a) of this Section, except to the extent specified in subsection (b) of this Section.

• If more than one Note shall be surrendered for conversion at one time by the same Holder, the Conversion Obligation with respect to such Notes, if any, that shall be payable upon conversion shall be computed on the basis of the aggregate principal amount of the Notes (or specified portions thereof to the extent permitted thereby) so surrendered.

• In such event, the Conversion Obligation shall be determined and paid to Holders in cash on the second Business Day following the Conversion Date.

More Definitions of Conversion Obligation

Conversion Obligation means, in respect of any conversion of this Note, the related Fixed Conversion Obligation or Financing Conversion Obligation, as the case may be.

Conversion Obligation means the obligation of the Company to deliver the consideration due under Article 12 upon a conversion of the Notes in accordance herewith.

Conversion Obligation shall have the meaning specified in Section 10.01(a).

Conversion Obligation has the meaning specified in Section 15.03(a).

Conversion Obligation has the meaning set forth in Section 12.13(a).

Conversion Obligation has the meaning specified in Section 4.03(a) hereof.

Conversion Obligation means, with respect to a Note to be converted hereunder, the Company’s obligations hereunder to deliver the Conversion Settlement Consideration in respect of such conversion.