Common use of Exchange Upon Satisfaction of Trading Price Condition Clause in Contracts

Exchange Upon Satisfaction of Trading Price Condition. A Holder may surrender any of its Notes for exchange during the 5 consecutive Trading Day period following any 5 consecutive Trading Days in which the Trading Price per $1,000 principal amount of Notes (as determined following a reasonable request by a Holder of the Notes) was less than 98% of the product of the Closing Sale Price of the Common Stock, multiplied by the Applicable Exchange Rate.

Appears in 3 contracts

Samples: Indenture (SL Green Operating Partnership, L.P.), Indenture (Sl Green Realty Corp), Duke Realty Limited Partnership/

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Exchange Upon Satisfaction of Trading Price Condition. A Holder may surrender any of its Notes for exchange during the 5 five (5) consecutive Trading Day period following any 5 five (5) consecutive Trading Days in which the Trading Price per $1,000 principal amount of Notes (as determined following a reasonable request by a Holder of the Notes) was less than 98% of the product of the Closing Sale Price of the Common Stock, multiplied by the Applicable Exchange Rate.

Appears in 3 contracts

Samples: Indenture (Medical Properties Trust Inc), Indenture (Medical Properties Trust Inc), First Industrial Lp

Exchange Upon Satisfaction of Trading Price Condition. A Holder may surrender any of its Notes for exchange during the 5 five (5) consecutive Trading Day period following any 5 five (5) consecutive Trading Days in which the Trading Price per $1,000 principal amount of Notes (as determined following a reasonable request by a Holder of the Notes) was less than 98% of the product of the Closing Sale Price of the Common StockStock during such period, multiplied by the Applicable Exchange Rate.

Appears in 2 contracts

Samples: Indenture (BioMed Realty Trust Inc), Extra Space Storage Inc.

Exchange Upon Satisfaction of Trading Price Condition. A Holder may surrender any of its Notes for exchange during the 5 five (5) consecutive Trading Day period following any 5 five (5) consecutive Trading Days in which the Trading Price per $1,000 principal amount of Notes (as determined following a reasonable request by a Holder of the Notes) was less than 98% of the product of the Closing Sale Price of the Common Stock, multiplied by the Applicable applicable Exchange Rate.

Appears in 2 contracts

Samples: Indenture (Kilroy Realty Corp), Indenture (Kilroy Realty Corp)

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Exchange Upon Satisfaction of Trading Price Condition. A Holder may surrender any of its Notes for exchange during the 5 five (5) consecutive Trading Day period following any 5 five (5) consecutive Trading Days in which the Trading Price per $1,000 principal amount of Notes (as determined following a reasonable request by a Holder of the Notes) was less than 98% of the product of the Closing Sale Price of the Common StockShares of Beneficial Interest during such period, multiplied by the Applicable Exchange Rate.

Appears in 1 contract

Samples: Indenture (Pennsylvania Real Estate Investment Trust)

Exchange Upon Satisfaction of Trading Price Condition. A Holder may surrender any of its Notes Debentures for exchange during the 5 five (5) consecutive Trading Day period following any 5 five (5) consecutive Trading Days in which the Trading Price per $1,000 principal amount of Notes Debentures (as determined following a reasonable request by a Holder of the NotesDebentures) was less than 98% of the product of the Closing Sale Price of the Common StockStock during such period, multiplied by the Applicable Exchange Rate.

Appears in 1 contract

Samples: Indenture (Digital Realty Trust, Inc.)

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