Common use of Adjustments to Conversion Rate Clause in Contracts

Adjustments to Conversion Rate. From and after the Merger Date, the provisions providing for, and relating to, adjustments to the Conversion Rate set forth in Sections 11.06, 11.07, 11.08, 11.09, 11.10, 11.12, 11.15, 11.16, 11.17, 11.18, 11.19 and 11.20 shall continue to apply with the same force and effect as such provisions had prior to the Merger Date and shall be binding on the Guarantor. The Guarantor shall comply with such provisions as set forth in Article 11.

Appears in 2 contracts

Sources: First Supplemental Indenture (Nabors Industries LTD), First Supplemental Indenture (Nabors Industries LTD)