Common use of When Adjustment May Be Deferred Clause in Contracts

When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% of the Conversion Rate. Any adjustments that are less than 1% of the Conversion Rate will be carried forward and taken into account in determining any subsequent adjustment. In addition, the Company shall make any carry forward adjustments not otherwise effected on each anniversary of the date hereof, upon conversion of any Note, upon required repurchases of the Notes pursuant to Section 3.01, and on the Maturity Date.

Appears in 3 contracts

Samples: Indenture (SAVVIS, Inc.), Indenture (Millennium Pharmaceuticals Inc), Millennium Pharmaceuticals Inc

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When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% of the Conversion Rate. Any adjustments that are less than 1% of the Conversion Rate will shall be carried forward and taken into account in determining any subsequent adjustment. In addition, the Company shall make any carry forward adjustments not otherwise effected on each anniversary upon notice of a required purchase of the date hereof, upon conversion of any Note, upon required repurchases of the Notes notes pursuant to Section 3.01, and on the Maturity DateJanuary 1, 2014.

Appears in 2 contracts

Samples: Sun Microsystems, Inc., Sun Microsystems, Inc.

When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% of the Conversion Rate. Any adjustments that are less than 1% of the Conversion Rate will be carried forward and taken into account in determining any subsequent adjustment. In addition, the Company shall make any carry forward adjustments not otherwise effected on each anniversary of the date hereof, upon conversion of any Note, upon required repurchases of the Notes pursuant to Section 3.01, and on the Maturity Date.to

Appears in 2 contracts

Samples: Callaway Golf Co, Callaway Golf Co

When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% of the Conversion Rate. Any adjustments that are less than 1% of the Conversion Rate will shall be carried forward and taken into account in determining any subsequent adjustment. In addition, the Company shall make any carry forward adjustments not otherwise effected on each anniversary upon required purchase of the date hereof, upon conversion of any Note, upon required repurchases of the Notes notes pursuant to Section 3.01, and on the Maturity DateApril 5, 2013.

Appears in 1 contract

Samples: Indenture (Symantec Corp)

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When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% of the Conversion Rate. Any adjustments that are less than 1% of the Conversion Rate will shall be carried forward and taken into account in determining any subsequent adjustment. In addition, the Company shall make any carry forward adjustments not otherwise effected on each anniversary upon notice of a required purchase of the date hereof, upon conversion of any Note, upon required repurchases of the Notes notes pursuant to Section 3.01, and on the Maturity DateJanuary 1, 2012.

Appears in 1 contract

Samples: Sun Microsystems, Inc.

When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% of the Conversion Rate. Any adjustments that are less than 1% of the Conversion Rate will shall be carried forward and taken into account in determining any subsequent adjustment. In addition, the Company shall make any carry forward adjustments not otherwise effected on each anniversary upon required purchase of the date hereof, upon conversion of any Note, upon required repurchases of the Notes notes pursuant to Section 3.01, and on the Maturity DateApril 5, 2011.

Appears in 1 contract

Samples: Indenture (Symantec Corp)

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