Common use of Settlement Amount Clause in Contracts

Settlement Amount. The shares of Common Stock in respect of any conversion of Notes (the “Settlement Amount”) shall be computed as follows: the Company shall deliver to the Holder of the Notes so converting, in respect of each $1,000 of the sum of the principal amount of its Notes plus accrued and unpaid interest of such Notes to, but excluding the Conversion Date being converted, a number of shares of Common Stock equal to the applicable Conversion Rate, together with cash in lieu of any fractional shares of Common Stock pursuant to Section 4.03(b);

Appears in 5 contracts

Sources: Securities Purchase Agreement (SharonAI Holdings Inc.), Indenture (SharonAI Holdings Inc.), Securities Purchase Agreement (SharonAI Holdings Inc.)

Settlement Amount. The shares of Common Stock in respect of any conversion of Notes (the “Settlement Amount”) shall be computed as follows: the Company shall deliver to the Holder of the Notes so converting, in respect of each $1,000 of the sum of the principal amount of its Notes plus accrued and unpaid interest of such Notes to, but excluding plus the Conversion Date Make-Whole Amount related thereto being converted, a number of shares of Common Stock equal to the applicable Conversion Rate, together with cash in lieu of any fractional shares of Common Stock pursuant to Section 4.03(b);

Appears in 5 contracts

Sources: Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.)

Settlement Amount. The shares of Common Stock in respect of any conversion of Notes (the “Settlement Amount”) shall be computed as follows: the Company Issuer shall deliver to the Holder of the Notes so convertingconverting holder, in respect of each $1,000 of the sum of the principal amount of its Notes plus accrued and unpaid interest of such Notes to, but excluding the Conversion Date being converted, a number of shares of Common Stock equal to the applicable Conversion Rate, together with cash in lieu of any fractional shares of Common Stock pursuant to Section 4.03(b10.03(b);.

Appears in 1 contract

Sources: Restructuring Support, Forbearance, and Settlement Agreement (CAESARS ENTERTAINMENT Corp)

Settlement Amount. The shares of Common Stock in respect of any conversion of Notes (the “Settlement Amount”) shall be computed as follows: the Company Issuer shall deliver to the Holder of the Notes so convertingconverting Holder, in respect of each $1,000 of the sum of the principal amount of its Notes plus accrued and unpaid interest of such Notes to, but excluding the Conversion Date being converted, a number of shares of Common Stock equal to the applicable Conversion Rate, together with cash in lieu of any fractional shares of Common Stock rounded down to the nearest whole share pursuant to Section 4.03(b5.03(b);.

Appears in 1 contract

Sources: Second Supplemental Indenture (Sears Holdings Corp)

Settlement Amount. The shares of Common Stock in respect of any conversion of Notes (the “Settlement Amount”) shall be computed as follows: the Company Issuer shall deliver to the Holder of the Notes so convertingconverting Holder, in respect of each $1,000 of the sum of the principal amount of its Notes plus accrued and unpaid interest of such Notes to, but excluding the Conversion Date being converted, a number of shares of Common Stock equal to the applicable Conversion Rate, together with cash in lieu of any fractional shares of Common Stock rounded down to the nearest whole share pursuant to Section 4.03(b12.03(b);.

Appears in 1 contract

Sources: Indenture (Sears Holdings Corp)