Common use of Conversion Right and Conversion Price Clause in Contracts

Conversion Right and Conversion Price. Subject to and ------------------------------------- upon compliance with the provisions of this Article, at the option of the Holder thereof, any Note or any portion of the principal amount thereof which is $1,000 or an integral multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on June 20, 2006. In case a Note or portion thereof is called for redemption, such conversion right in respect of the Note or the portion so called, shall expire at the close of business on the Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Change in Control for which the Holder exercises its repurchase right with respect to a Note or portion thereof, such conversion right in respect of the Note or portion thereof shall expire at the close of business on the Business Day immediately preceding the Change in Control Repurchase Date. The price at which shares of Common Stock shall be delivered upon conversion (the "Conversion Price") shall be initially equal to $60.60 per share of Common Stock. The Conversion Price shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), (h) and (i) of Section 10.04 and Section 10.12 hereof.

Appears in 1 contract

Samples: Resmed Inc

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Conversion Right and Conversion Price. Subject to and ------------------------------------- upon compliance with the provisions of this Article, at the option of the Holder thereof, any Note Security or any portion of the principal amount thereof which is $1,000 or an integral a whole multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on June 20the Business Day immediately preceding April 15, 20062008. In case a Note Security or portion thereof is called for redemption, such conversion right in respect of the Note Security or the portion so called, shall expire at the close of business on the second Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Change in of Control for which the Holder exercises its repurchase right Repurchase Right with respect to a Note Security or portion thereof, such conversion right in respect of the Note Security or portion thereof shall expire at the close of business on the Business Day immediately preceding the Change in Control Repurchase Date. The price at which the shares of Common Stock shall be delivered upon conversion (the "Conversion Price") shall be initially equal to $60.60 28.00 per share of Common Stockshare. The Conversion Price shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), (h) and (i1) of Section 10.04 and Section 10.12 hereof12.4.

Appears in 1 contract

Samples: Indenture (First American Financial Corp)

Conversion Right and Conversion Price. Subject to and ------------------------------------- upon compliance with the provisions of this Article, at the option of the Holder thereof, any Note Security or any portion of the principal amount thereof which is $1,000 or an integral a whole multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common StockShares, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on the Business Day immediately preceding June 201, 20062007. In case a Note Security or portion thereof is called for redemption, such conversion right in respect of the Note Security or the portion so called, shall expire at the close of business on the second Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Change in of Control for which the Holder exercises its repurchase right Repurchase Right with respect to a Note Security or portion thereof, such conversion right in respect of the Note Security or portion thereof shall expire at the close of business on the Business Day immediately preceding the Change in Control Repurchase Date. The price at which the shares of Common Stock Shares shall be delivered upon conversion (the "Conversion Price") shall be initially equal to $60.60 16.05 per share of Common Stockshare. The Conversion Price shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), and (h) and (i) of Section 10.04 and Section 10.12 hereof12.4.

Appears in 1 contract

Samples: Indenture (Foster Wheeler LTD)

Conversion Right and Conversion Price. Subject to and ------------------------------------- upon compliance with the provisions of this Article, at the option of the Holder thereof, any Note Security or any portion of the principal amount thereof which is $1,000 or an integral multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on June 20the Business Day immediately preceding February 2, 20062007. In case a Note Security or portion thereof is called for redemption, such conversion right in respect of the Note Security or the portion so called, shall expire at the close of business on the second Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Change in of Control for which the Holder exercises its repurchase right Repurchase Right with respect to a Note Security or portion thereof, such conversion right in respect of the Note Security or portion thereof shall expire at the close of business on the Business Day immediately preceding the Change in Control Repurchase Date. The price at which shares of Common Stock shall be delivered upon conversion (the "Conversion Price") shall be initially equal to $60.60 127.6550 per share of Common Stock. The Conversion Price shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), (h) and (i1) of Section 10.04 and Section 10.12 hereof12.4.

Appears in 1 contract

Samples: Curagen Corp

Conversion Right and Conversion Price. Subject to and ------------------------------------- upon compliance with the provisions of this Article, at the option of the Holder thereof, any Note Security or any portion of the principal amount thereof which is $1,000 or an integral multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on June 20October 17, 20062007. In case a Note Security or portion thereof is called for redemption, such conversion right in respect of the Note Security or the portion so called, shall expire at the close of business on the second Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Change in of Control for which the Holder exercises its repurchase right Repurchase Right with respect to a Note Security or portion thereof, such conversion right in respect of the Note Security or portion thereof shall expire at the close of business on the Business Day immediately preceding the Change in Control Repurchase Date. The price at which shares of Common Stock shall be delivered upon conversion (the "Conversion Price") shall be initially equal to $60.60 50.46 per share of Common Stock. The Conversion Price shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), (h) and (i) of Section 10.04 and Section 10.12 12.4 hereof.

Appears in 1 contract

Samples: Indenture (Inhale Therapeutic Systems Inc)

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Conversion Right and Conversion Price. Subject to and ------------------------------------- upon compliance with the provisions of this Article, at the option of the Holder thereof, any Note Security or any portion of the principal amount thereof which is $1,000 or an integral multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on June 20the Business Day immediately preceding March 15, 20062005. In case a Note Security or portion thereof is called for redemption, such conversion right in respect of the Note Security or the portion so called, shall expire at the close of business on the second Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Change in of Control for which the Holder exercises its repurchase right Repurchase Right with respect to a Note Security or portion thereof, such conversion right in respect of the Note Security or portion thereof shall expire at the close of business on the Business Day immediately preceding the Change in Control Repurchase Date. The price at which shares of Common Stock shall be delivered upon conversion (the "Conversion Price") shall be initially equal to $60.60 112.1875 per share of Common Stock. The Conversion Price shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), (h) and (i1) of Section 10.04 and Section 10.12 hereof12.4.

Appears in 1 contract

Samples: Vitesse Semiconductor Corp

Conversion Right and Conversion Price. Subject to and ------------------------------------- upon compliance with the provisions of this Article, at the option of the Holder thereof, any Note Security or any portion of the principal amount thereof which is $1,000 or an integral multiple of $1,000 may be converted at the principal amount thereof, or of such portion thereof, into duly authorized, fully paid and nonassessable shares of Common Stock, at the Conversion Price, determined as hereinafter provided, in effect at the time of conversion. Such conversion right shall expire at the close of business on June 20February 8, 20062007. In case a Note Security or portion thereof is called for redemption, such conversion right in respect of the Note Security or the portion so called, shall expire at the close of business on the second Business Day preceding the Redemption Date, unless the Company defaults in making the payment due upon redemption. In the case of a Change in of Control for which the Holder exercises its repurchase right Repurchase Right with respect to a Note Security or portion thereof, such conversion right in respect of the Note Security or portion thereof shall expire at the close of business on the Business Day immediately preceding the Change in Control Repurchase Date. The price at which shares of Common Stock shall be delivered upon conversion (the "Conversion Price") shall be initially equal to $60.60 76.71 per share of Common Stock. The Conversion Price shall be adjusted in certain instances as provided in paragraphs (a), (b), (c), (d), (e), (f), (h) and (i1) of Section 10.04 and Section 10.12 12.4 hereof.

Appears in 1 contract

Samples: Indenture (Inhale Therapeutic Systems Inc)

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