Conversion Upon Satisfaction of Common Stock Price Condition. (A) Prior to December 15, 2036, during any Quarter commencing after the Issue Date, and only during such Quarter, if the Closing Sale Price of the Common Stock for at least 20 Trading Days during the period of 30 consecutive Trading Days ending on the last Trading Day of the Quarter immediately preceding such Quarter (appropriately adjusted to take into account the occurrence, during such 30 consecutive Trading-Day period, of any event requiring adjustment of the Base Conversion Price under this Indenture) is more than 125% of the Base Conversion Price on such 30th Trading Day; (B) on or after December 15, 2036, at all times on or after any date thereafter;
Appears in 2 contracts
Sources: Indenture (MidCon Compression LP), Indenture (Chesapeake Energy Corp)
Conversion Upon Satisfaction of Common Stock Price Condition. (A) Prior to December May 15, 20362035, during any Quarter commencing after the Issue Date, and only during such Quarter, if the Closing Sale Price of the Common Stock for at least 20 Trading Days during the period of 30 consecutive Trading Days ending on the last Trading Day of the Quarter immediately preceding such Quarter (appropriately adjusted to take into account the occurrence, during such 30 consecutive Trading-Day period, of any event requiring adjustment of the Base Conversion Price under this Indenture) is more than 125[ ]% of the Base Conversion Price on such 30th Trading Day;
(B) on or after December May 15, 20362035, at all times on or after any date thereafter;
Appears in 1 contract
Sources: Indenture (Gene D. Yost & Son Inc.)
Conversion Upon Satisfaction of Common Stock Price Condition. (A) Prior to December May 15, 20362035, during any Quarter commencing after the Issue Date, and only during such Quarter, if the Closing Sale Price of the Common Stock for at least 20 Trading Days during the period of 30 consecutive Trading Days ending on the last Trading Day of the Quarter immediately preceding such Quarter (appropriately adjusted to take into account the occurrence, during such 30 consecutive Trading-Day period, of any event requiring adjustment of the Base Conversion Price under this Indenture) is more than 125% of the Base Conversion Price on such 30th Trading Day;
(B) on or after December May 15, 20362035, at all times on or after any date thereafter;
Appears in 1 contract
Sources: Indenture (Chesapeake Energy Corp)