Common use of Payment Upon Conversion Clause in Contracts

Payment Upon Conversion. If at least one of the conditions to conversion pursuant to Section 10.1(b) is satisfied, Holders may convert their Securities and shall be entitled to receive an amount of cash and shares of Common Stock, if any, as follows:

Appears in 2 contracts

Sources: Indenture (Amerus Group Co/Ia), Indenture (Amerus Group Co/Ia)