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

Right of Conversion; Conversion Price. Subject to the provision of Section 14 of the Debentures and Section 13.13 hereof, the Holder of any Debenture or Debentures shall have the right, at his option, at any time before the close of business on April 1, 2002 (except that, with respect to any Debenture or portion of a Debenture which shall be called for redemption, such right shall terminate, at the close of business on the last Business Day prior to the date fixed for redemption of such Debenture or portion of a Debenture unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article XIII, the principal of any such Debenture or Debentures or any portion thereof which is $1,000 principal amount or an integral multiple thereof into shares of Common Stock, initially at the conversion price per share of $16 1/8; or, in case an adjustment of such price has taken place pursuant to the provisions of Section 13.4 hereof, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Debenture or Debentures, 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 Debenture or Debentures into Common Stock is hereinafter sometimes referred to as the conversion of such Debenture or Debentures.

Right of Conversion; Conversion Price. Subject to the provision provisions of Section 14 7 of the Debentures and Section 13.13 hereofSecurities, the Holder of any Debenture Security or Debentures Securities shall have the right, at his such Holder's option, at any time after the effective date of the Registration Statement and before the close of business on April May 1, 2002 2003 (except that, with respect to any Debenture Security or portion of a Debenture Security which shall be called for redemption, such right shall terminate, terminate at the close of business on the last Business Day prior to the date Redemption Date fixed for redemption of such Debenture Security or portion of a Debenture Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article XIII10, the principal of any such Debenture Security or Debentures 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 $16 1/8; 26.184 or, in case an adjustment of such price has taken place pursuant to the provisions of Section 13.4 hereof10.4, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Debenture Security or DebenturesSecurities, 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 Debenture Security or Debentures Securities into shares of Common Stock is hereinafter sometimes referred to as the conversion of such Debenture Security or DebenturesSecurities.

Right of Conversion; Conversion Price. Subject to the provision provisions of Section 14 7 of the Debentures and Section 13.13 hereofSecurities, the Holder of any Debenture Security or Debentures Securities shall have the right, at his such Holder's option, at any time after the effective date of the Registration Statement and before the close of business on April February 1, 2002 2007 (except that, with respect to any Debenture Security or portion of a Debenture Security which shall be called for redemption, such right shall terminate, terminate at the close of business on the last Business Day prior to the date Redemption Date fixed for redemption of such Debenture Security or portion of a Debenture Security unless the Company shall default in payment due upon redemption thereof), to convert, subject to the terms and provisions of this Article XIII10, the principal of any such Debenture Security or Debentures 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 $16 1/8; 13.37 or, in case an adjustment of such price has taken place pursuant to the provisions of Section 13.4 hereof10.4, then at the price as last adjusted (such price or adjusted price being referred to herein as the "conversion price"), upon surrender of the Debenture Security or DebenturesSecurities, 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 Debenture Security or Debentures Securities into shares of Common Stock is hereinafter sometimes referred to as the conversion of such Debenture Security or DebenturesSecurities.