Common use of Right to Convert Clause in Contracts

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notes, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.02.

Appears in 5 contracts

Samples: Indenture (Fushi International Inc), Satisfaction and Discharge of Indenture (China Security & Surveillance Technology, Inc.), American Dairy Inc

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Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, the holder of any Note shall have the right, at such holder’s 's option at any time prior to the close of business on the date of maturity of the Notes, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.02.

Appears in 2 contracts

Samples: Notes Purchase Agreement (China Security & Surveillance Technology, Inc.), China Security & Surveillance Technology, Inc.

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, prior to the close of business on June 1, 2016, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notes's option, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section 15.01 and in the manner provided in Section 14.02.15.02. The Notes shall be convertible only upon the occurrence of one of the following events:

Appears in 1 contract

Samples: Indenture (Headwaters Inc)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, prior to the close of business on the Stated Maturity, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notesoption, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section 14.01 and in the manner provided in Section 14.02.. The Notes shall be convertible into shares of the Company’s Common Stock only during one of the following periods upon the occurrence of one of the following events:

Appears in 1 contract

Samples: Registration Rights Agreement (Quicksilver Resources Inc)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, the holder Holder of any Note shall have the right, at such holderHolder’s option option, at any time prior to the close of business on the date of maturity of the NotesBusiness Day immediately preceding April 15, 2018, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,000in an Authorized Denomination, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate for such series of Notes in effect at such time, by surrender of the such Note so to be converted converted, in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.028.02.

Appears in 1 contract

Samples: Indenture (Realogy Corp)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, at any time prior to the close of business on June 1, 2008, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notes's option, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.0216.02.

Appears in 1 contract

Samples: Indenture (Celgene Corp /De/)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, at any time prior to the close of business on the Final Maturity Date, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notes's option, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.0215.02.

Appears in 1 contract

Samples: Indenture (Compudyne Corp)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, at any time prior to the close of business on February 1, 2012, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notes's option, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.0216.02.

Appears in 1 contract

Samples: Atherogenics Inc

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Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, at any time prior to the close of business on September 1, 2008, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notes's option, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.0216.02.

Appears in 1 contract

Samples: Indenture (Atherogenics Inc)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, on or prior to April 14, 2024, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notesoption, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section 15.01 and in the manner provided in Section 14.02.15.02. The Notes shall be convertible only upon the occurrence of one of the following events:

Appears in 1 contract

Samples: Indenture (On Semiconductor Corp)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notes, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,000amount, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.02.

Appears in 1 contract

Samples: American Dairy Inc

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, prior to July 15, 2023, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notesoption, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into cash and fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at constituting a Unit (the Conversion Rate in effect at such timeObligation”), by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section 15.01 and in the manner provided in Section 14.02.15.02. The Notes shall be convertible only upon the occurrence of one of the following events:

Appears in 1 contract

Samples: Commonwealth Telephone (Citizens Communications Co)

Right to Convert. (a) Subject to and upon compliance with the provisions of this Indenture, at any time prior to the close of business on June 15, 2008, the holder of any Note shall have the right, at such holder’s option at any time prior to the close of business on the date of maturity of the Notesoption, to convert the principal amount of the Note, or any portion of such principal amount which is a multiple of $100,0001,000, into fully paid and non-assessable shares of Common Stock (as such shares shall then be constituted) at the Conversion Rate in effect at such time, by surrender of the Note so to be converted in whole or in part, together with any required funds, under the circumstances described in this Section and in the manner provided in Section 14.0216.02.

Appears in 1 contract

Samples: Indenture (Durect Corp)

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