Examples of Applicable Five Trading Day Period in a sentence
The Company shall pay Contingent Interest in cash to the Holders in respect of any six-month period from and including June 1 to and including November 30 and from and including December 1 to and including May 31, commencing with the six-month period beginning June 1, 2018, if the average Securities Price for the Applicable Five Trading Day Period with respect to such interest period equals 120% or more of $1,000 principal amount of Securities.
The Company shall pay Contingent Interest in cash to the Holders in respect of any six-month period from April 15 to October 14 and from October 15 to April 14, commencing with the six-month period beginning April 15, 2010, if the average Securities Price for the Applicable Five Trading Day Period with respect to such interest period equals 120% or more of $1,000 principal amount of Securities.
The Corporation shall pay Contingent Interest in cash to the Holders of the Securities of this series in respect of any six-month period from May 15 to November 14 and from November 15 to May 14, commencing with the six-month period beginning May 15, 2007, if the average Trading Price for each $1,000 principal amount of the Securities of this series for the Applicable Five Trading Day Period with respect to such interest period equals 120% or more of such principal amount of the Securities of this series.
The Company shall make Contingent Cash Interest payments to the Holders of Securities, as set forth in Section 14.2 below, during any six month period from June 3 to December 2 and from December 3 to June 2, beginning with the six-month period commencing on June 3, 2008 (each, a "Semiannual Period") if, but only if, the average of the Security Market Prices for the Applicable Five Trading Day Period equals 120% or more of the Relevant Value of such Security.
During any Semiannual Period when Contingent Cash Interest is payable pursuant to this section, each Contingent Cash Interest payment due and payable on each $1,000 Principal Amount at Maturity shall be calculated for any Semiannual Period, at a rate equal to a per annum rate of 1.25% of the Security Market Price for the Applicable Five Trading Day Period.
Defined in Term Section ---- ---------- "Applicable Five Trading Day Period" ..................................
The Company shall make Contingent Cash Interest payments to the Holders of Securities, as set forth in Section 13.02 below, during any six month period from March 25 to September 24 and from September 25 to March 24, beginning with the six-month period commencing on September 25, 2009 (each, a "Semiannual Period") if, but only if, the average of the Security Market Prices for the Applicable Five Trading Day Period equals 120% or more of the Relevant Value of such Security.
The Company shall pay Contingent Interest in cash to the Holders in respect of any six-month period from June 1 to and including November 30 and from December 1 to and including May 31, commencing with the six-month period beginning June 1, 2013, if the average Securities Price for the Applicable Five Trading Day Period with respect to such interest period equals 120% or more of $1,000 principal amount of Securities.
Subject to the conditions of the Indenture and the accrual and record date provisions specified in this paragraph 5, the Company shall pay Contingent Cash Interest to the Securityholders during any Semiannual Period, with the initial six-month period commencing on September 25, 2009, if, but only if, the average of the Security Market Prices for the Applicable Five Trading Day Period equals 120% or more of the Relevant Value of such Security.
Subject to the conditions of the Indenture and the accrual and record date provisions specified in this paragraph 5, the Company shall pay Contingent Cash Interest to the Securityholders during any Semiannual Period, with the initial six-month period commencing on June 3, 2008, if, but only if, the average of the Security Market Prices for the Applicable Five Trading Day Period equals 120% or more of the Relevant Value of such Security.