Common use of Right of Conversion; Conversion Price Clause in Contracts

Right of Conversion; Conversion Price. The Holder of any Security or Securities shall have the right, at their option, at any time before the close of business on July 14, 2009 (except that, with respect to any Security or portion of a Security which shall be called for redemption, such right shall terminate at the close of business on the Business Day immediately preceding the date fixed for redemption of such Security or portion of a Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article 11, the principal of any such Security or Securities or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares of common stock of the Company, initially at the conversion price per share of $11.00; or, in case an adjustment of such price has taken place pursuant to the provisions of Section 11.04, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Security or Securities, the principal of which is so to be converted, accompanied by written notice of conversion duly executed, to the Company, at any time during usual business hours at the office or agency maintained by it for such purpose, and, if so required by the Conversion Agent or Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to the Conversion Agent or Registrar duly executed by the Holder or his duly authorized representative in writing. For convenience, the conversion of any portion of the principal of any Security or Securities into shares of common stock of the Company is hereinafter sometimes referred to as the conversion of such Security or Securities.

Right of Conversion; Conversion Price. The Subject to the provisions of paragraph 7 of the Securities, the Holder of any Security or Securities shall have the right, at their his option, at any time after __________________, and before the close of business on July 14_______________________, 2009 (except that, with respect to any Security or portion of a Security security which shall be called for redemption, such right shall terminate terminate, at the close of business on the Business Day immediately preceding the date fixed for redemption of such Security or portion of a Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article 1110, the principal of any such Security or Securities or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares Shares of common stock Beneficial Interest of the Company, initially at the conversion price per share of $11.00; _____, or, in case an adjustment of such price has taken place pursuant to the provisions of Section 11.0410, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Security or Securities, the principal of which is so to be converted, accompanied by written notice of conversion duly executed, to the Company, at any time during usual business hours at the office or agency maintained by it for such purpose, and, if so required by the Conversion Agent or Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to the Conversion Agent or Registrar duly executed by the Holder or his duly authorized representative in writing. For convenience, the conversion of any portion of the principal of any Security or Securities into shares of common stock of the Company is hereinafter sometimes referred to as the conversion of such Security or Securities.▇▇▇▇▇▇▇▇▇,

Right of Conversion; Conversion Price. The Subject to the provisions of Section 7 of the Securities, the Holder of any Security or Securities shall have the right, at their such Holder's option, at any time after the effective date of the Registration Statement and before the close of business on July 14June 30, 2009 2006 (except that, with respect to any Security or portion of a Security which shall be called for redemption, such right shall terminate at the close of business on the Business Day immediately preceding the date Redemption Date fixed for redemption of such Security or portion of a Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article 1110, the principal of any such Security or Securities or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares of common stock of the Company, no par value ("Common Stock"), initially at the conversion price per share of $11.00; 22.42 or, in case an adjustment of such price has taken place pursuant to the provisions of Section 11.0410.4, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Security or Securities, the principal of which is so to be converted, accompanied by written notice of conversion duly executed, to the Company, at any time during usual business hours at the office or agency maintained by it for such purpose, and, if so required by the Conversion Agent or Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to the Conversion Agent or Registrar duly executed by the Holder or his duly authorized representative in writing. For convenience, the conversion of any portion of the principal of any Security or Securities into shares of common stock of the Company Common Stock is hereinafter sometimes referred to as the conversion of such Security or Securities.

Right of Conversion; Conversion Price. The Holder of any Security or Securities shall have the right, at their option, at any time after _______________, 2001 and before the close of business on July 14_________, 2009 2001 (except that, with respect to any Security or portion of a Security which shall be called for redemption, such right shall terminate at the close of business on the Business Day immediately preceding the date fixed for redemption of such Security or portion of a Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article 11, the principal of any such Security or Securities or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares of common stock of the Company, initially at the conversion price per share of $11.00; or, in case an adjustment of such price has taken place pursuant to the provisions of Section 11.04, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Security or Securities, the principal of which is so to be converted, accompanied by written notice of conversion duly executed, to the Company, at any time during usual business hours at the office or agency maintained by it for such purpose, and, if so required by the Conversion Agent or Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to the Conversion Agent or Registrar duly executed by the Holder or his duly authorized representative in writing. For convenience, the conversion of any portion of the principal of any Security or Securities into shares of common stock of the Company is hereinafter sometimes referred to as the conversion of such Security or Securities.

Right of Conversion; Conversion Price. The Subject to the provisions of Section 7 of the Securities, the Holder of any Security or Securities shall have the right, at their such Holder's option, at any time before on or after December 31, 1997 until the close of business on July 14________, 2009 2002 (except that, with respect to any Security or portion of a Security which shall be called for redemption, such right shall terminate at the close of business on the Business Day immediately preceding the date Redemption Date fixed for redemption of such Security or portion of a Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article 11X, the principal of any such Security or Securities or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares of common stock of the Company, $0.01 par value per share ("Common Stock"), initially at the conversion price per share of $11.00; ____or, in case an adjustment of such price has taken place pursuant to the provisions of Section 11.0410.4, then at the price as last adjusted (such -33- 39 price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Security or Securities, the principal of which is so to be converted, accompanied by written notice of conversion duly executed, to the CompanyConversion Agent, at any time during usual business hours at the office or agency maintained by it for such purpose, and, if so required by the Conversion Agent or Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to the Conversion Agent or Registrar duly executed by the Holder or his duly authorized representative in writing. For convenience, the conversion of any portion of the principal of any Security or Securities into shares of common stock of the Company Common Stock is hereinafter sometimes referred to as the conversion of such Security or Securities.

Right of Conversion; Conversion Price. The Holder of any Security or Securities shall have the right, at their option, at any time after _______________ and before the close of business on July 14, 2009 _________ (except that, with respect to any Security or portion of a Security which shall be called for redemption, such right shall terminate at the close of business on the Business Day immediately preceding the date fixed for redemption of such Security or portion of a Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article 11, the principal of any such Security or Securities or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares of common stock of the Company, initially at the conversion price per share of $11.00; or, in case an adjustment of such price has taken place pursuant to the provisions of Section 11.04, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Security or Securities, the principal of which is so to be converted, accompanied by written notice of conversion duly executed, to the Company, at any time during usual business hours at the office or agency maintained by it for such purpose, and, if so required by the Conversion Agent or Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to the Conversion Agent or Registrar duly executed by the Holder or his duly authorized representative in writing. For convenience, the conversion of any portion of the principal of any Security or Securities into shares of common stock of the Company is hereinafter sometimes referred to as the conversion of such Security or Securities.

Right of Conversion; Conversion Price. The Subject to the provisions of Section 7 of the Securities, the Holder of any Security or Securities shall have the right, at their such Holder's option, at any time after the effective date of the Registration Statement and before the close of business on July 14June 1, 2009 2004 (except that, with respect to any Security or portion of a Security which shall be called for redemption, such right shall terminate at the close of business on the Business Day immediately preceding the date Redemption Date fixed for redemption of such Security or portion of a Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article 1110, the principal of any such Security or Securities or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares of common stock of the Company, $.01 par value per share ("Common Stock"), initially at the conversion price per share of $11.00; 20.25 or, in case an adjustment of such price has taken place pursuant to the provisions of Section 11.0410.4, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Security or Securities, the principal of which is so to be converted, accompanied by written notice of conversion duly executed, to the Company, at any time during usual business hours at the office or agency maintained by it for such purpose, and, if so required by the Conversion Agent or Registrar, accompanied by a written instrument or instruments of transfer in form satisfactory to the Conversion Agent or Registrar duly executed by the Holder or his duly authorized representative in writing. For convenience, the conversion of any portion of the principal of any Security or Securities into shares of common stock of the Company Common Stock is hereinafter sometimes referred to as the conversion of such Security or Securities.