Common use of No Adjustments in Certain Cases Clause in Contracts

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance) if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 3 contracts

Samples: Indenture (Nogin, Inc.), Indenture (Software Acquisition Group Inc. III), Indenture (Nogin, Inc.)

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No Adjustments in Certain Cases. (i1) Where Holders Participate the Holder Participates in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A8(G)(i), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A8(G)(i) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), 8(G)(i)(1) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance8(G)(i)(5)) if each the Holder participates, at the same time and on the same terms as holders of Common StockShares, and solely by virtue of being a the Holder of Notesthis Note, in such transaction or event without having to convert such Holder’s Notes this Note and as if such the Holder held a number of shares of Common Stock Shares equal to the product of (i) the Conversion Rate in effect on the related record date; and (ii) the aggregate principal amount Principal Amount (expressed in thousands) of Notes this Note held by such this Holder on such date. Any such participation will be subject to the prior approval of the TSX.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Tilray Brands, Inc.)

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock split, reverse stock split or combination of the type set forth in Section 5.05(A)(i), ) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance)) if each Holder participates, at the same time and on the same terms as holders of Class A Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Class A Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date; and (ii) the aggregate principal amount (expressed in thousands) (i.e., divided by $1,000) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: Supplemental Indenture (Better Home & Finance Holding Co)

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated required to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock dividend, distribution, split or combination of the type set forth in Section 5.05(A)(i), ) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance)) if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: K2m Group Holdings, Inc.

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A‎Section 5.06(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A‎Section 5.06(A) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), ‎Section 5.06(A)(i) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance‎Section 5.06(A)(v)) if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: Indenture (Verastem, Inc.)

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated to adjust the Conversion Rate Price on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock split share subdivision or combination consolidation of the type set forth in Section 5.05(A)(i), ) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance5.05(A)(vi)) if each Holder participates, at the same time and on the same terms as holders of Common StockShares, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock Shares equal to the product quotient of (i) the Conversion Rate in effect on the related record date; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date; divided by (ii) the Conversion Price in effect on the related record date.

Appears in 1 contract

Samples: Indenture (TH International LTD)

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), ) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance)) if each Holder participatesis entitled to receive, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, the property distributed to the holders of Common Stock in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: Indenture (Innoviva, Inc.)

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A5.06(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A5.06(A) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), 5.06(A)(i) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance5.06(A)(v)) if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: Verastem, Inc.

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No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), ) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance)) if each Holder participatesis entitled to receive, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, the property distributed to the Company’s common stockholders in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: Supernus Pharmaceuticals Inc

No Adjustments in Certain Cases. (i) Where i)Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A5.06(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A5.06(A) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), 5.06(A)(i) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance5.06(A)(v)) if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: Verastem, Inc.

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock dividend, distribution, split or combination of the type set forth in Section 5.05(A)(i), ) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance)) if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date.

Appears in 1 contract

Samples: Indenture (K2m Group Holdings, Inc.)

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in this Section 5.05(A2.8(e), the Company Issuer will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to this Section 5.05(A2.8(e) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), 2.8(d)(i) or a tender or exchange offer of the type set forth in Section 5.05(A)(v2.8(d)(v) or, for the avoidance of doubt, or a Qualifying Degressive Issuance) if each Holder Purchaser participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder Purchaser of Notes, in such transaction or event without having to convert such HolderPurchaser’s Notes and as if such Holder Purchaser held a number of shares of Common Stock equal to the product of (i) the Conversion Rate in effect on the related record date; date and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder Purchaser on such date.. (ii)

Appears in 1 contract

Samples: Note Purchase Agreement (Bird Global, Inc.)

No Adjustments in Certain Cases. (i) Where Holders Participate in the Transaction or Event Without Conversion. Notwithstanding anything to the contrary in Section 5.05(A), the Company will not be obligated to adjust the Conversion Rate on account of a transaction or other event otherwise requiring an adjustment pursuant to Section 5.05(A) (other than a stock split or combination of the type set forth in Section 5.05(A)(i), ) or a tender or exchange offer of the type set forth in Section 5.05(A)(v) or, for the avoidance of doubt, a Qualifying Issuance)) if each Holder participates, at the same time and on the same terms as holders of Common Stock, and solely by virtue of being a Holder of Notes, in such transaction or event without having to convert such Holder’s Notes and as if such Holder held a number of shares of Common Stock equal to (x) the product of (i) the Conversion Rate in effect on the related record date, effective date or Expiration Date, as applicable; and (ii) the aggregate principal amount (expressed in thousands) of Notes held by such Holder on such date, divided by (y) $1,000.

Appears in 1 contract

Samples: Indenture (NRG Energy, Inc.)

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