Common use of Adjustment for Tax Reasons Clause in Contracts

Adjustment for Tax Reasons. The Company may make such increases in each Fixed Settlement Rate, in addition to any other increases required by this Section 5.01, to avoid or diminish any income tax to holders of shares of Common Stock or rights to purchase shares of Common Stock resulting from any dividend or distribution of shares of Common Stock (or issuance of rights or warrants to acquire shares of Common Stock) or from any event treated as such for U.S. federal income tax purposes or for any other reasons; provided, however, that the same proportionate adjustment must be made to each Fixed Settlement Rate.

Appears in 5 contracts

Samples: Purchase Contract Agreement, Purchase Contract Agreement (Dynegy Inc.), Purchase Contract Agreement (Post Holdings, Inc.)

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Adjustment for Tax Reasons. The Company may make such increases in each Fixed Settlement Rate, in addition to any other increases required by this Section 5.01Article 5, as the Company deems advisable to avoid or diminish any income tax to holders of shares of Common Stock or rights to purchase shares of the Class A Common Stock resulting from any dividend or distribution of shares of Class A Common Stock (or issuance of rights rights, options or warrants to acquire shares of Class A Common Stock) or from any event treated as such for U.S. federal income tax purposes or for any other reasons; provided, however, provided that the same proportionate adjustment must be made to each Fixed Settlement Rate.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Tyson Foods Inc), Purchase Contract Agreement (Hovnanian Enterprises Inc)

Adjustment for Tax Reasons. The Company may make such increases in each Fixed Settlement Rate, in addition to any other increases required by this Section 5.01, as the Company deems advisable to avoid or diminish any income tax to holders of shares of Common Stock or rights to purchase shares of the Common Stock resulting from any dividend or distribution of shares of Common Stock (or issuance of rights or warrants to acquire shares of Common Stock) or from any event treated as such for U.S. federal income tax purposes or for any other reasons; provided, however, that the same proportionate adjustment must be made to each Fixed Settlement Rate.

Appears in 1 contract

Samples: Purchase Contract Agreement (Beazer Homes Usa Inc)

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Adjustment for Tax Reasons. The Company may make such increases in each Fixed Settlement Rate, in addition to any other increases required by this Section 5.01, as the Company deems advisable to avoid or diminish any income tax to holders of shares of Common Stock or rights to purchase shares of the Common Stock resulting from any dividend or distribution of shares of Common Stock (or issuance of rights or warrants to acquire shares of Common Stock) or from any event treated as such for U.S. federal income tax purposes or for any other reasons; provided, however, provided that the same proportionate adjustment must be made to each Fixed Settlement Rate.

Appears in 1 contract

Samples: Purchase Contract Agreement (Beazer Homes Usa Inc)

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