Common use of Conversion Based on Redemption Clause in Contracts

Conversion Based on Redemption. A Security, or portion of a Security, which has been called for Redemption pursuant to paragraph 6 of the Securities may be surrendered for conversion into cash and, if applicable, shares of Common Stock; provided, however, that such Security or portion thereof may be surrendered for conversion pursuant to this paragraph only until the close of business on the Business Day immediately preceding the Redemption Date.

Appears in 3 contracts

Sources: Supplemental Indenture (Health Care Reit Inc /De/), Supplemental Indenture (Health Care Reit Inc /De/), Supplemental Indenture (Health Care Reit Inc /De/)

Conversion Based on Redemption. A Security, or portion of a Security, which has been called for Redemption pursuant to paragraph PARAGRAPH 6 of the Securities may be surrendered for conversion into cash, ADSs or a combination of cash and, if applicable, shares of Common Stockand ADSs; provided, however, that such Security or portion thereof may be surrendered for conversion pursuant to this paragraph only until the close of business on the third (3rd) Business Day immediately preceding the Redemption Date.

Appears in 2 contracts

Sources: Indenture (Yingli Green Energy Holding Co LTD), Indenture (Suntech Power Holdings Co., Ltd.)

Conversion Based on Redemption. A Security, or portion of a Security, which has been called for Redemption pursuant to Section 3.01 and paragraph 6 of the Securities may be surrendered for conversion into cash andor, if applicableat the Company’s option, cash and shares of Common Stock; provided, however, that such Security or portion thereof may be surrendered for conversion pursuant to this paragraph only until the close of business on the Business Day immediately preceding the Redemption Date.

Appears in 1 contract

Sources: Indenture (Diodes Inc /Del/)

Conversion Based on Redemption. A Security, or portion of a Security, which has been called for Redemption pursuant to paragraph Paragraph 6 of the Securities may be surrendered for conversion into cash and, if applicable, shares of Common Stockconversion; provided, however, that such Security or portion thereof may be surrendered for conversion pursuant to this paragraph only until the close of business on the Business Day immediately preceding the Redemption Date.

Appears in 1 contract

Sources: Indenture (Silver Standard Resources Inc)

Conversion Based on Redemption. A Security, or portion of a Security, which has been called for Redemption pursuant to paragraph 6 of the Securities may be surrendered for conversion into cash and, if applicable, shares of Common Stock; provided, however, that such Security or portion thereof may be surrendered for conversion pursuant to this paragraph only until the close of business 5:00 p.m., New York City time, on the Business Day immediately preceding the Redemption Date.

Appears in 1 contract

Sources: Indenture (Playboy Enterprises Inc)