Common use of Conversion Privilege Clause in Contracts

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 10, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date under the circumstances and during the periods set forth in Section 10.01(b), and (ii) irrespective of the conditions described in Section 10.01(b), during the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during the period from, and including, July 15, 2032 to, but excluding, the Maturity Date, in each case, at the Applicable Conversion Rate per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 10‎Article 14, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $US$1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b‎Section 14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 15, 2026 under the circumstances and during the periods set forth in Section 10.01(b‎Section 14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b‎Section 14.01(b), during the period from, and including, July on or after June 15, 2019 to, but excluding, October 15, 2019, 2026 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 44.8179 ADSs (subject to adjustment as provided in this ‎Article 14, the Applicable “Conversion Rate Rate”) per $US$1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.02‎Section 14.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date February 1, 2029 under the circumstances and during the periods set forth in Section 10.01(b), 14.01(b) and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after February 1, 2029 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 34.2185 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 10‎Article 14, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral a multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b‎Section 14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date March 15, 2026 under the circumstances and during the periods set forth in Section 10.01(b‎Section 14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b‎Section 14.01(b), during the period from, and including, July on or after March 15, 2019 to, but excluding, October 15, 2019, 2026 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 11.5434 shares of Common Stock (subject to adjustment as provided in this ‎Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.02‎Section 14.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date March 1, 2024 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after March 1, 2024 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 33.6293 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral a multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 1, 2018 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after June 1, 2018 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 53.2907 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral a multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date May 15, 2023, under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after May 15, 2019 to, but excluding, October 15, 2019, 2023 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 9.8643 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date March 15, 2025 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after March 15, 2019 to, but excluding, October 15, 2019, 2025 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 8.1498 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 15, 2019 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after June 15, 2019 to, but excluding, October 15, 2019, and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 409.3998 Ciena Consideration Units (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 15, 2019 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after June 15, 2019 to, but excluding, October 15, 2019, and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 403.3998 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (ai) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral a multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date February 1, 2025 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after February 1, 2025 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 27.5198 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 1, 2024 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after June 1, 2024 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 20.4891 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 10‎Article 14, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b‎Section 14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date August 1, 2025, under the circumstances and during the periods set forth in Section 10.01(b‎Section 14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b‎Section 14.01(b), during on or after August 1, 2025 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 5.9439 Ordinary Shares (subject to adjustment as provided in this ‎Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.02‎Section 14.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 15, 2024 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after June 15, 2019 to, but excluding, October 15, 2019, 2024 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 83.3021 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (ai) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date May 15, 2020 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July at any time on or after May 15, 2019 to, but excluding, October 15, 2019, 2020 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 15.1156 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date January 1, 2026 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after January 1, 2026 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 22.5861 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 109, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b9.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date April 1, 2023, under the circumstances and during the periods set forth in Section 10.01(b9.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b9.01(b), during on or after April 1, 2023 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 58.6622 shares of Common Stock (subject to adjustment as provided in this Article 9, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.029.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon in compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date February 1, 2027 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after February 1, 2027 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 11.2042 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon Upon compliance with the provisions of this Article 1015, each Holder of a Note Noteholder shall have the right, at such Holderholder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b)15.01(b) below, at any time prior to March 1, 2014 under the circumstances and during the periods set forth in Section 15.01(b) below, and (ii) irrespective of the conditions described in Section 15.01(b) below, on or after March 1, 2014 and prior to the close of business on the Business Day immediately preceding the Maturity Date under the circumstances and during the periods set forth in Section 10.01(b), and (ii) irrespective of the conditions described in Section 10.01(b), during the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during the period from, and including, July 15, 2032 to, but excluding, the Maturity Date, in each case, at an initial conversion rate (the Applicable “Conversion Rate Rate”) of 101.9420 shares of Common Stock (subject to adjustment as provided in Section 15.04 of this Indenture) per $1,000 principal amount of Notes (subject to, and in accordance with, to the settlement provisions of Section 10.0215.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon in compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date February 1, 2025 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after February 1, 2025 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 46.1233 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 10‎Article 14, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b‎Section 14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date March 15, 2025 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b‎Section 14.01(b), during the period from, and including, July on or after March 15, 2019 to, but excluding, October 15, 2019, 2025 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 22.5052 shares of Common Stock (subject to adjustment as provided in this ‎Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.02‎Section 14.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date July 1, 2024 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after July 1, 2024 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 500 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon in compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date May 1, 2026 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after May 1, 2026 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 43.8481 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral a multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date May 15, 2026 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after May 15, 2019 to, but excluding, October 15, 2019, 2026 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 27.2068 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date April 15, 2020 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after April 15, 2019 to, but excluding, October 15, 2019, 2020 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 160.0000 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date July 15, 2022 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, at any time on or after July 15, 2019 to, but excluding, October 15, 2019, 2022 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the second Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 85.4701 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date March 1, 2022 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during on or after March 1, 2022 and prior to the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during close of business on the period from, and including, July 15, 2032 to, but excluding, Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 36.5464 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date May 15, 2028 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after May 15, 2019 to, but excluding, October 15, 2019, 2028 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 7.4690 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 15, 2020 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July at any time on or after June 15, 2019 to, but excluding, October 15, 2019, 2020 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 66.0262 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 10‎Article 14, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b‎Section 14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date June 15, 2022 under the circumstances and during the periods set forth in Section 10.01(b‎Section 14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b‎Section 14.01(b), during the period from, and including, July on or after June 15, 2019 to, but excluding, October 15, 2019, 2022 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 157.5101 shares of Common Stock (subject to adjustment as provided in this ‎Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.02‎Section 14.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon compliance with the provisions of this Article 1014, each Holder of a Note shall have the right, at such Holder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b14.01(b), at any time prior to the close of business on the Business Day immediately preceding the Maturity Date May 15, 2026 under the circumstances and during the periods set forth in Section 10.01(b14.01(b), and (ii) irrespective regardless of the conditions described in Section 10.01(b14.01(b), during the period from, and including, July on or after May 15, 2019 to, but excluding, October 15, 2019, 2026 and during prior to the period from, and including, July 15, 2032 to, but excluding, close of business on the Business Day immediately preceding the Maturity Date, in each case, at an initial conversion rate of 12.4756 shares of Common Stock (subject to adjustment as provided in this Article 14, the Applicable “Conversion Rate Rate”) per $1,000 principal amount of Notes (subject to, and in accordance with, the settlement provisions of Section 10.0214.02, the “Conversion Obligation”).

Conversion Privilege. (a) Subject to and upon Upon compliance with the provisions of this Article 1015, each Holder of a Note Noteholder shall have the right, at such Holderholder’s option, to convert all or any portion (if the portion to be converted is $1,000 principal amount or an integral multiple thereof) of such Note (i) subject to satisfaction of the conditions described in Section 10.01(b)15.01(b) below, at any time prior to March 15, 2013 under the circumstances and during the periods set forth in Section 15.01(b) below, and (ii) irrespective of the conditions described in Section 15.01(b) below, on or after March 15, 2013 and prior to the close of business on the Business Day immediately preceding the Maturity Date under the circumstances and during the periods set forth in Section 10.01(b), and (ii) irrespective of the conditions described in Section 10.01(b), during the period from, and including, July 15, 2019 to, but excluding, October 15, 2019, and during the period from, and including, July 15, 2032 to, but excluding, the Maturity Date, in each case, at an initial conversion rate (the Applicable “Conversion Rate Rate”) of 29.4122 shares of Common Stock (subject to adjustment as provided in Section 15.04 of this Indenture) per $1,000 principal amount of Notes (subject to, and in accordance with, to the settlement provisions of Section 10.0215.02, the “Conversion Obligation”).