Exchange of the Debentures Sample Clauses

Exchange of the Debentures. (a) Subject to Section 209(b), a Holder of a Debenture may, only during the time periods and under the circumstances described below, exchange such Debenture at its option, as follows:
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Exchange of the Debentures. (a) Each Debenture will be exchangeable at the option of the Holder at any time (except as otherwise provided in subsection (f) below) for the Exchange Market Value of the Reference Shares attributable to that Debenture. The number of Reference Shares attributable to each Debenture initially shall be 16.28 shares of Sprint PCS Stock, subject to adjustment as a result of any Reference Share Proportionate Reduction or any other adjustment contemplated by the definition of "Reference Shares."
Sample 1
Exchange of the Debentures. As soon as practicable after the Closing Date, for each US$53.02 principal amount of Debentures held by a Purchaser, the Company will deliver to such Purchaser one share of Series A Preferred Stock. No fractional shares of Series A Preferred Stock shall be issued but the number of shares of Series A Preferred Stock shall be rounded down to the nearest whole share and no cash shall be paid to Purchaser in lieu of any fractional shares.
Sample 1
Exchange of the Debentures. Subject to the provisions of -------------------------- Section 4, at any time, and from time to time, upon not less than ten days' notice to that effect given by the holder of a Debenture initially delivered or of a Debenture substituted therefor pursuant to Section 11.1, this Section 11.2 or Section 11.3, and, upon surrender of such Debenture at its office, the Company will deliver in exchange therefor, without expense to the holder, except as set forth below, a Debenture for the same aggregate principal amount as the then unpaid principal amount of the Debenture so surrendered, in the denomination of $100,000 or any integral multiple thereof as such holder shall specify, dated as of the date to which interest has been paid on the Debenture so surrendered or, if such surrender is prior to the payment of any interest thereon, then dated as of the date of issue, registered in the name of such person or persons, as may be designated by such holder, and otherwise of the same form and tenor as the Debenture so surrendered for exchange. The Company may require the payment of a sum sufficient to cover any stamp tax or governmental charge imposed upon such exchange or transfer.
Sample 1
Exchange of the Debentures. (a) Each Debenture will be exchangeable at the option of the Holder at any time for the Exchange Market Value of the Reference Shares attributable to that Debenture except as otherwise provided in subsection (f) below and except following a Holder's irrevocable election pursuant to Section 210 to tender such Debenture for purchase by the Company. The number of Reference Shares attributable to each Debenture shall initially be 57.4079, subject to adjustment as a result of any Reference Share Proportionate Reduction or any other adjustment contemplated by the definition of "Reference Shares."
Sample 1
Exchange of the Debentures. 6.1 The Holders shall exchange the Debenture certificates outstanding on the date hereof for new Debenture certificates reflecting the amended terms and conditions of the Series A Indenture and of the Series B Indenture as stipulated in Schedules A and B of this Agreement and the exchange of said Debenture certificates shall not effect a novation of any Indebtedness of the Company owing to the Holders.
Sample 1
Exchange of the Debentures. (a) Each Debenture will be exchangeable at the option of the Holder at any time, except as otherwise provided in subsection (f) below and except following a Holder’s irrevocable election pursuant to Section 210 to tender such Debenture for purchase by the Company. Upon exchange of a Debenture, the Holder thereof will be entitled to receive from the Company, the Reference Shares attributable to such Debenture, or at the Company’s election, cash or a combination of Reference Shares and cash having a value equal to the Current Market Price of the Reference Shares attributable to such Debenture. The number of Reference Shares attributable to each Debenture shall initially be 6.3040 shares of TWC Stock and 5.1635 shares of TWX Stock, subject to adjustment as a result of any Reference Share Proportionate Reduction or any other adjustment contemplated by the definition of “Reference Shares.” For purposes of this Section 209, the Current Market Price of the Reference Shares shall be calculated by the Company using the 15 Scheduled Trading Day period commencing on the fourth Scheduled Trading Day following the Exchange Date as the valuation period. If there are fewer than 15 Trading Days during such 15 Scheduled Trading Day period, then the Current Market Price of the Reference Shares shall be calculated by the Company based upon the actual number of Trading Days during such period.
Sample 1
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Related to Exchange of the Debentures

  • EXCHANGE OF GLOBAL NOTES 4.1 The Agent shall determine the Exchange Date for each Temporary Global Note in accordance with its terms. Immediately after determining any Exchange Date, the Agent shall notify its determination to the Issuer, the other Paying Agents, the relevant Dealer, Euroclear and Clearstream, Luxembourg.

  • Exchange of Warrants Upon the surrender by the Registered Holder, properly endorsed, to the Company at the principal office of the Company, the Company will, subject to the provisions of Section 4 hereof, issue and deliver to or upon the order of such Holder, at the Company's expense, a new Warrant or Warrants of like tenor, in the name of the Registered Holder or as the Registered Holder (upon payment by the Registered Holder of any applicable transfer taxes) may direct, calling in the aggregate on the face or faces thereof for the number of shares of Common Stock (or other securities, cash and/or property) then issuable upon exercise of this Warrant.

  • Exchange of the Warrant upon a Transfer On surrender of this Warrant (and a properly endorsed Assignment Form) for exchange, subject to the provisions of this Warrant with respect to compliance with the Securities Act and limitations on assignments and transfers, the Company shall issue to or on the order of the Holder a new warrant or warrants of like tenor, in the name of the Holder or as the Holder (on payment by the Holder of any applicable transfer taxes) may direct, for the number of shares issuable upon exercise hereof, and the Company shall register any such transfer upon the Warrant Register. This Warrant (and the securities issuable upon exercise of the rights under this Warrant) must be surrendered to the Company or its warrant or transfer agent, as applicable, as a condition precedent to the sale, pledge, hypothecation or other transfer of any interest in any of the securities represented hereby.

  • Exchange of Notes A Noteholder may exchange Notes for other Notes of the same Class by surrendering the Notes to be exchanged at the office or agency of the Issuer maintained under Section 3.2. If the requirements of Section 8-401(a) of the UCC are met, the Issuer will execute, the Indenture Trustee will authenticate and the Noteholder will receive from the Indenture Trustee new Notes of the same Class, in the same principal amount.

  • Exchange of Warrant This Warrant is exchangeable, upon the surrender hereof by the Holder at the office or agency of the Company referred to in Section 16, for one or more new Warrants of like tenor representing in the aggregate the right to subscribe for and purchase the number of shares of Common Stock which may be subscribed for and purchased hereunder, each of such new Warrants to represent the right to subscribe for and purchase such number of shares as shall be designated by the Holder at the time of such surrender.

  • Issuance of the Preferred Securities On ________________, ______ the Depositor, on behalf of the Trust and pursuant to the Original Trust Agreement, executed and delivered the Underwriting Agreement. Contemporaneously with the execution and delivery of this Trust Agreement, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of Preferred Securities having an aggregate Liquidation Amount of $__________________, against receipt of such aggregate purchase price of such Preferred Securities of $_________________, which amount the Administrative Trustee shall promptly deliver to the Property Trustee. If there is a Second Time of Delivery, an Administrative Trustee, on behalf of the Trust, shall execute in accordance with Section 5.2 and deliver to the Underwriters named in the Underwriting Agreement Preferred Securities Certificates, registered in the name of the nominee of the initial Clearing Agency, in an aggregate amount of up to Preferred Securities having an aggregate Liquidation Amount of up to $__________, against receipt of such aggregate purchase price of such Preferred Securities of $____________, which amount such Administrative Trustees shall promptly deliver to the Property Trustee, on the date specified pursuant to the Underwriting Agreement.

  • Effect of the Merger on Capital Stock Exchange of Certificates Equity-Based Awards

  • Exchange of Talons On and after the Interest Payment Date on which the final Coupon comprised in any Coupon sheet matures, the Talon (if any) forming part of such Coupon sheet may be surrendered at the specified office of the Agent or any other Paying Agent in exchange for a further Coupon sheet including (if such further Coupon sheet does not include Coupons to (and including) the final date for the payment of interest due in respect of the Note to which it appertains) a further Talon, subject to the provisions of Condition 8.

  • Transfer and Exchange of Definitive Notes for Beneficial Interests in Global Notes Transfers and exchanges of Definitive Notes for beneficial interests in the Global Notes also shall require compliance with either subparagraph (i), (ii) or (iii) below, as applicable:

  • Conversion of Company Securities At the Effective Time, by virtue of the Merger and without any action on the part of any Party or the holder of any of the following securities:

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