Common use of Notice of Voluntary Increases Clause in Contracts

Notice of Voluntary Increases. If the Board of Directors determines to increase the Conversion Rate pursuant to this ‎Section 5.07, then, at least fifteen (15) Business Days before such increase, the Company will send notice to each Holder, the Trustee and the Conversion Agent of such increase, the amount thereof and the period during which such increase will be in effect.

Appears in 1 contract

Samples: Indenture (Verastem, Inc.)

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Notice of Voluntary Increases. If the Board of Directors determines to increase the Conversion Rate pursuant to this ‎Section 5.07Section 5.06, then, at least fifteen (15) Business Days before such increase, the Company will send notice to each Holder, the Trustee and the Conversion Agent of such increase, the amount thereof and the period during which such increase will be in effect. In the absence of such notice, the Trustee and the Conversion Agent may assume without inquiry that the Conversion Rate has not been adjusted and that the last Conversion Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Oil States International, Inc)

Notice of Voluntary Increases. If the Board of Directors determines to increase the Conversion Rate pursuant to this ‎Section 5.07Section 5.06, then, at least fifteen (15) Business Days before such increase, the Company will send notice to each Holder, the Trustee and the Conversion Agent Holder of such increase, the amount thereof and the period during which such increase will be in effect. Table of Contents Section 5.07. ADJUSTMENTS TO THE CONVERSION RATE IN CONNECTION WITH A MAKE-WHOLE FUNDAMENTAL CHANGE.

Appears in 1 contract

Samples: Indenture (Omeros Corp)

Notice of Voluntary Increases. If the Board of Directors determines to increase the Conversion Rate pursuant to this ‎Section 5.07Section 5.06(A), then, at least fifteen (15) Business Days before such increase, the Company will send notice to each Holder, the Trustee and the Conversion Agent of such increase, the amount thereof and the period during which such increase will be in effect.. 20090164 |US-DOCS\140348310.5|| | 12:50|

Appears in 1 contract

Samples: Stem, Inc.

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Notice of Voluntary Increases. If the Board of Directors determines to increase the Conversion Rate pursuant to this ‎Section 5.07Section 5.06, then, at least fifteen (15) Business Days before such increase, the Company will send notice to each Holder, the Trustee and the Conversion Agent Holder of such increase, the amount thereof and the period during which such increase will be in effect.. Section 5.07 Adjustments to the Conversion Rate in Connection with a Make-Whole Fundamental Change. (A)

Appears in 1 contract

Samples: Mitek Systems Inc

Notice of Voluntary Increases. If the Board of Directors determines to increase the Conversion Rate pursuant to this ‎Section 5.07Section 5.06, then, at least fifteen (15) 15 Business Days before such increase, the Company will send notice to each Holder, the Trustee and the Conversion Agent of such increase, the amount thereof and the period during which such increase will be in effect. In the absence of such notice, the Trustee and the Conversion Agent may assume without inquiry that the Conversion Rate has not been adjusted and that the last Conversion Rate of which it has knowledge remains in effect.

Appears in 1 contract

Samples: Indenture (Oil States International, Inc)

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