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 US$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion Rate, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs in accordance with subsection (j) of this Section 14.02 on the second Business Day immediately following the relevant Conversion Date.

Appears in 3 contracts

Samples: Indenture (Baidu, Inc.), Indenture (iQIYI, Inc.), Indenture (Pacific Alliance Group LTD)

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Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver cause to be delivered to the converting Holder, in respect of each US$$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion Rate, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs ADS in accordance with subsection (j) of this Section 14.02 14.02, on the second third Business Day immediately following the relevant Conversion Date.

Appears in 2 contracts

Samples: Indenture (Trina Solar LTD), Indenture (Trina Solar LTD)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver cause to be delivered to the converting Holder, in respect of each US$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion Rate, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs ADS in accordance with subsection (j) of this Section 14.02 14.02, on the second third Business Day immediately following the relevant Conversion Date.

Appears in 2 contracts

Samples: Indenture (NQ Mobile Inc.), Indenture (E-House (China) Holdings LTD)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver cause to be delivered to the converting Holder, in respect of each US$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion Rate, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs ADS in accordance with subsection (j) of this Section 14.02 14.02, on the second third Business Day immediately following the relevant Conversion Date.. 57

Appears in 2 contracts

Samples: Indenture (Qihoo 360 Technology Co LTD), Indenture (Qihoo 360 Technology Co LTD)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any NoteNote and subject to Section 14.02(k), the Company shall deliver cause to be delivered to the converting Holder, in respect of each US$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion Rate, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs ADS in accordance with subsection (j) of this Section 14.02 14.02, on the second third Business Day immediately following the relevant Conversion Dateconversion date.

Appears in 1 contract

Samples: Indenture (GDS Holdings LTD)

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Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each US$$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion RateRate as of the relevant Conversion Date, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs ADS in accordance with subsection (j) of this Section 14.02 14.02, on the second fifth Business Day immediately following the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (JinkoSolar Holding Co., Ltd.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver cause to be delivered to the converting Holder, in respect of each US$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion Rate, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs ADS in accordance with subsection (j‎(j) of this Section 14.02 ‎Section 14.02, on the second third Business Day immediately following the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (YY Inc.)

Conversion Procedure; Settlement Upon Conversion. (a) Upon conversion of any Note, the Company shall deliver to the converting Holder, in respect of each US$1,000 principal amount of Notes being converted, a number of ADSs equal to the Conversion Rate, together with a cash payment, if applicable, in lieu of delivering any fractional ADSs ADS in accordance with subsection (j) of this Section 14.02 14.02, on the second third Business Day immediately following the relevant Conversion Date.

Appears in 1 contract

Samples: Indenture (Qihoo 360 Technology Co LTD)

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