Common use of Adjustment of Exchange Rate Clause in Contracts

Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers if any of the following events occurs, except that the Issuers shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 13.06, without having to exchange their Notes, as if they held a number of shares of Common Stock equal to the Exchange Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 3 contracts

Samples: Note Purchase Agreement (Sprint Nextel Corp), Note Purchase Agreement (Clearwire Corp /DE), Supplemental Indenture (Clearwire Corp /DE)

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Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers Company shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 13.0614.04, without having to exchange their Notes, as if they held a number of shares of Common Stock equal to (i) the Exchange Rate, multiplied by (ii) the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 3 contracts

Samples: Indenture (I3 Verticals, Inc.), Indenture (Avaya Holdings Corp.), Uniti (Uniti Group Inc.)

Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers Company shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock Ordinary Shares and solely as a result of holding the NotesNotes , in any of the transactions described in this Section 13.0614.04, without having to exchange their NotesNotes , as if they held a number of shares of Common Stock Ordinary Shares equal to the Exchange RateRate , multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: www.adamsdrafting.com

Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers Company shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 13.0614.04, without having to exchange their Notes, as if they held a number of shares of Common Stock equal to the Exchange Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: Indenture (Extra Space Storage Inc.)

Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers Company shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 13.0610.04, without having to exchange their Notes, as if they held a number of shares of Common Stock equal to the Exchange Rate, multiplied by the principal Principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: Third Supplemental Indenture (Ak Steel Holding Corp)

Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers Company BACK shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 13.0612.07, without having to exchange their Notes, as if they held a number of shares of Common Stock equal to the Exchange Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: Indenture (Cenveo, Inc)

Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers if any of the following events occurs, except that the Issuers shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 13.061306, without having to exchange their Notes, as if they held a number of shares of Common Stock equal to the Exchange Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: Supplemental Indenture (Clearwire Corp /DE)

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Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers Company shall not make any adjustments to the Exchange Rate if Holders of the Notes participate for any transactions described below (other than in the case of (x) a share split subdivision or share combinationconsolidation or (y) a tender or exchange offer), if each Holder of the Notes participates in such transaction at the same time and upon the same terms as holders of the Common Stock Ordinary Shares and solely as a result of holding the Notes, in any of the transactions described in this Section 13.06, without having to exchange their Notes, its Notes and as if they it held a number of shares of Common Stock Ordinary Shares equal to the Exchange Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: Indenture (Weatherford International PLC)

Adjustment of Exchange Rate. The Exchange Rate shall will be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers shall Company will not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 13.069.04, without having to exchange their Notes, as if they held a number of shares of Common Stock equal to the Exchange Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: First Supplemental Indenture (Encore Capital Group Inc)

Adjustment of Exchange Rate. The Exchange Rate shall be adjusted from time to time by the Issuers Company if any of the following events occurs, except that the Issuers Company shall not make any adjustments to the Exchange Rate if Holders of the Notes participate (other than in the case of a share split or share combination), at the same time and upon the same terms as holders of the Common Stock Ordinary Shares and solely as a result of holding the Notes, in any of the transactions described in this Section 13.0614.04, without having to exchange their Notes, as if they held a number of shares of Common Stock Ordinary Shares equal to the Exchange Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Appears in 1 contract

Samples: Indenture (Wright Medical Group N.V.)

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