Common use of Conversion Procedure; Settlement Upon Conversion Clause in Contracts

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversion, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.02, on the second Business Day immediately following such Conversion Date.

Appears in 3 contracts

Samples: Indenture (Clovis Oncology, Inc.), Indenture (Clovis Oncology, Inc.), Indenture (Clovis Oncology, Inc.)

AutoNDA by SimpleDocs

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 2 contracts

Samples: Indenture (Photronics Inc), Indenture (Photronics Inc)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 2 contracts

Samples: Indenture (Gran Tierra Energy Inc.), Indenture (Lexicon Pharmaceuticals, Inc./De)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after prior to the close of business on the relevant Conversion Date for such conversionDate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 2 contracts

Samples: And (Novavax Inc), Indenture (GSV Capital Corp.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second Business Day immediately following such the relevant Conversion Date.

Appears in 2 contracts

Samples: Indenture (Lannett Co Inc), Indenture (Enphase Energy, Inc.)

Conversion Procedure; Settlement Upon Conversion. (a1) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after prior to the close of business on the relevant Conversion Date for such conversionDate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (GSV Capital Corp.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j‎(j) of this Section 13.02‎Section 14.02, on the second Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Paratek Pharmaceuticals, Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.02, on the second third Business Day immediately following the relevant Conversion Date, unless such Conversion Date occurs on or following July 1, 2014, in which case the Company shall make such delivery on the Maturity Date.

Appears in 1 contract

Samples: Indenture (Avis Budget Group, Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversion, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.029.02, on the second Business Day immediately following such Conversion Date.

Appears in 1 contract

Samples: Clovis Oncology, Inc.

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock Shares equal to the Conversion Rate as in effect immediately after the close of business on the Conversion Date for such conversionDate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock Share in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Canadian Solar Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Clovis Oncology, Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after prior to the close of business on the relevant Conversion Date for such conversionDate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.02, 14.02. The Company shall deliver the consideration due in respect of any conversion of Notes on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Synergy Pharmaceuticals, Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after prior to the close of business on the relevant Conversion Date for such conversionDate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.02, on the second Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: First Supplemental Indenture (GSV Capital Corp.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Class A Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Class A Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Evolent Health, Inc.)

AutoNDA by SimpleDocs

Conversion Procedure; Settlement Upon Conversion. (a) Upon Subject to Section 14.12, upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount Original Principal Amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Scorpio Tankers Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionDate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection ‎Section 14.02(j). The Company will deliver such shares of Common Stock and pay such cash (jif any) of this Section 13.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Emergent BioSolutions Inc.

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company Issuer shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.028.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Affymetrix Inc

Conversion Procedure; Settlement Upon Conversion. (a) Upon Subject to Section 14.03 and Section 14.07(a), upon conversion of any Note, the Company shall deliver satisfy its Conversion Obligation by delivering to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Sucampo Pharmaceuticals, Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon Subject to Section 14.12, upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionRate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.0214.02, on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Scorpio Tankers Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversion(or Warrants if required by Section 9.12), together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.029.02 and together with delivery of Warrants pursuant to Section 9.12, if applicable, in each case on the second third Business Day immediately following such the relevant Conversion Date.

Appears in 1 contract

Samples: Convertible Senior Note Purchase Agreement (Seacor Holdings Inc /New/)

Conversion Procedure; Settlement Upon Conversion. (a) Upon Subject to this Section 14.02, Section 14.03(a) and Section 14.07(a), upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock equal to the Conversion Rate in effect immediately after the close of business on the Conversion Date for such conversionStock, together with a cash paymentcash, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with subsection (j) of this Section 13.02, on the second Business Day immediately following such Conversion Date14.02(j).

Appears in 1 contract

Samples: Intercreditor Agreement (Karyopharm Therapeutics Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon a)Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each $1,000 principal amount of Notes being converted, a number of shares of Common Stock Shares equal to the Conversion Rate as in effect immediately after the close of business on the Conversion Date for such conversionDate, together with a cash payment, if applicable, in lieu of delivering any fractional share of Common Stock Share in accordance with subsection (j) of this Section 13.0214.02, on the second Business Day immediately following such the relevant Conversion Date.. ​

Appears in 1 contract

Samples: Canadian Solar Inc.

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