When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% (e.g., if the Conversion Rate is 4, an increase or decrease of .04 (1% of 4)) in the Conversion Rate. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article Fifteen shall be made to the nearest cent or to the nearest 1/1,000th of a share, as the case may be, with one-half of a cent and 5/10,000ths of a share being rounded upwards.
Appears in 3 contracts
Sources: Third Supplemental Indenture (Pride International Inc), Sixth Supplemental Indenture (Pride International Inc), Third Supplemental Indenture (Pride International Inc)
When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% (e.g.E.G., if the Conversion Rate is 4, an increase or decrease of .04 (1% of 4)) in the Conversion Rate. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article Fifteen 10 shall be made to the nearest cent or to the nearest 1/1,000th of a share, as the case may be, with one-half of a cent and 5/10,000ths of a share being rounded upwards.
Appears in 3 contracts
Sources: Indenture (Multiverse Acquisition Corp), Indenture (Talk Radio Network Inc), Indenture (Costco Companies Inc)
When Adjustment May Be Deferred. No adjustment in the Conversion Rate need Ratio shall be made required unless the adjustment would require an increase or decrease of at least 1% (e.g., if the Conversion Rate Ratio is 4, an increase or decrease of .04 (1% of 4)) in the Conversion RateRatio. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article Fifteen 18 shall be made to the nearest cent or to the nearest 1/1,000th 1/100th of a share, as the case may be, with one-half of a cent and 5/10,000ths 5/1,000ths of a share being rounded upwards.
Appears in 3 contracts
Sources: Indenture (Elan Corp PLC), Limited Waiver (Elan Corp PLC), Limited Waiver (Elan Corp PLC)
When Adjustment May Be Deferred. No adjustment in the Conversion Rate need be made unless the adjustment would require an increase or decrease of at least 1% (e.g.E.G., if the Conversion Rate is 4, an increase or decrease of .04 (1% of 4)) in the Conversion Rate. Any adjustments that are not made shall be carried forward and taken into account in any subsequent adjustment. All calculations under this Article Fifteen shall be made to the nearest cent or to the nearest 1/1,000th of a share, as the case may be, with one-half of a cent and 5/10,000ths of a share being rounded upwards.
Appears in 2 contracts
Sources: First Supplemental Indenture (Pride International Inc), First Supplemental Indenture (Pride International Inc)