Adjustment to Conversion Rate Upon Conversion Sample Clauses

Adjustment to Conversion Rate Upon Conversion in Connection with a Make-Whole Fundamental Change.
AutoNDA by SimpleDocs
Adjustment to Conversion Rate Upon Conversion. In Connection With a Make Whole Fundamental Change or Notice of Redemption: The following table sets forth the number of additional shares of Common Stock, if any, by which the conversion rate will be increased for conversions in connection with a “make whole fundamental change” (as defined in the Preliminary Prospectus Supplement) or conversions of Notes that the Issuer calls for redemption prior to the maturity date of the Notes: Stock Price Effective Date $ 25.00 $ 30.00 $32.50 $ 35.00 $42.25 $50.00 $ 75.00 $ 100.00 $ 125.00 $ 150.00 May 13, 2021 9.2308 6.9487 5.9360 5.1126 3.4431 2.3660 0.8607 0.3629 0.1572 0.0625 June 1, 2022 9.2308 6.8030 5.7658 4.9274 3.2466 2.1826 0.7455 0.2960 0.1191 0.0419 June 1, 2023 9.2308 6.5983 5.5348 4.6817 2.9972 1.9570 0.6147 0.2250 0.0813 0.0229 June 1, 2024 9.2308 6.3550 5.2563 4.3843 2.6973 1.6916 0.4735 0.1548 0.0474 0.0087 June 1, 2025 9.2308 6.0593 4.9102 4.0120 2.3259 1.3736 0.3259 0.0909 0.0210 0.0000 June 1, 2026 9.2308 5.6017 4.3831 3.4551 1.8066 0.9634 0.1779 0.0394 0.0048 0.0000 June 1, 2027 9.2308 4.7463 3.4200 2.4746 1.0211 0.4436 0.0569 0.0088 0.0000 0.0000 June 1, 2028 9.2308 2.5640 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 The exact stock price and effective date may not be set forth in the table above, in which case: • if the stock price is between two stock prices in the table or the effective date is between two effective dates in the table, the number of additional shares will be determined by a straight-line interpolation between the number of additional shares set forth for the higher and lower stock prices and the earlier and later effective dates based on a 365-day year, as applicable; • if the stock price is greater than $150.00 per share (subject to adjustment in the same manner as the stock prices set forth in the column headings of the table above as described in the Preliminary Prospectus Supplement), no additional shares will be added to the conversion rate; and • if the stock price is less than $25.00 per share (subject to adjustment in the same manner as the stock prices set forth in the column headings of the table above as described in the Preliminary Prospectus Supplement), no additional shares will be added to the conversion rate. Notwithstanding the foregoing, in no event will the conversion rate per $1,000 principal amount of Notes exceed 40.0000, subject to adjustment in the same manner as the conversion rate as set forth under “Description of NotesConversion RatesCo...
Adjustment to Conversion Rate Upon Conversion in Connection with a Make-Whole Fundamental Change or a Redemption Notice.
Adjustment to Conversion Rate Upon Conversion upon a Make-Whole Fundamental Change or Prior to the Exercise of the Issuer’s Conversion Option Prior to February 1, 2020
Adjustment to Conversion Rate Upon Conversion upon a Make-Whole Fundamental Change or in connection with the Company’s Election to Redeem for Change in Tax Laws

Related to Adjustment to Conversion Rate Upon Conversion

  • Settlement Upon Conversion 45 Section 5.04. Reserve and Status of Common Stock Issued upon Conversion. 48 Section 5.05. Adjustments to the Conversion Rate. 49 Section 5.06. Voluntary Adjustments. 60 Section 5.07. Adjustments to the Conversion Rate in Connection with a Make-Whole Fundamental Change. 60 Section 5.08. Exchange in Lieu of Conversion. 61

  • Adjustment of Conversion Rate The Conversion Rate shall be adjusted from time to time by the Company if any of the following events occurs, except that the Company shall not make any adjustments to the Conversion Rate if Holders of the Notes participate (other than in the case of (x) a share split or share combination or (y) a tender or exchange offer), 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 14.04, without having to convert their Notes, as if they held a number of shares of Common Stock equal to the Conversion Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

Time is Money Join Law Insider Premium to draft better contracts faster.