Common use of Adjustment for Mergers, Consolidations, Etc Clause in Contracts

Adjustment for Mergers, Consolidations, Etc. (i) In the event of distribution to all Common Stock holders of any stock, indebtedness of the Company or assets (excluding cash dividends or distributions from retained earnings) or other rights to purchase securities or assets, then, after such event, this Debenture will be convertible into the kind and amount of securities, cash and other property which the holder of the Debenture would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Debenture immediately prior to the occurrence of such event.

Adjustment for Mergers, Consolidations, Etc. (i) In the event of distribution to all Common Stock holders of any stock, indebtedness of the Company Borrower or assets (excluding cash dividends or distributions from retained earnings) or other rights to purchase securities or assets, then, after such event, this Debenture the Debentures will be convertible into the kind and amount of securities, cash and other property which the holder of the Debenture Debentures would have been entitled to receive if the holder owned the Common Stock issuable upon conversion of the Debenture Debentures immediately prior to the occurrence of such event.