Common use of Adjustment of Conversion Number Clause in Contracts

Adjustment of Conversion Number. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock, any change or conversion of Parent Common Stock into other securities, any adjustment pursuant to Section 7.1(g) hereof, or any other dividend or distribution with respect to the Parent Common Stock other than normal quarterly cash dividends as the same may be adjusted from time to time pursuant to the terms of this Agreement (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Conversion Number, and all references to the Conversion Number in this Agreement shall be deemed to be to the Conversion Number as so adjusted. 1.11

Appears in 2 contracts

Samples: 1 Agreement and Plan of Merger (Nova Corp \Ga\), Agreement and Plan of Merger (Nova Corp \Ga\)

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Adjustment of Conversion Number. In the event of any reclassification, recapitalization, stock split or split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Parent Common Stock) or subdivision with respect to Parent Common Stock, any change or conversion of Parent Common Stock into other securities, any adjustment pursuant to Section 7.1(g) hereof, or any other dividend or distribution with respect to the Parent Common Stock other than normal quarterly cash dividends as the same may be adjusted from time to time pursuant to the terms of this Agreement (or if a record date with respect to any of the foregoing should occur) ), prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Conversion Number, and all references to the Conversion Number in this Agreement shall be deemed to be to the Conversion Number as so adjusted. 1.11.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Proffitts Inc)

Adjustment of Conversion Number. In the event of any reclassification, recapitalization, stock split or split, reverse stock split, stock dividend (including any dividend or distribution of securities convertible into Parent Common Stock) or subdivision with respect to Parent Common Stock, any change or conversion of Parent Common Stock into other securities, any adjustment pursuant to Section 7.1(g) hereof, or any other dividend or distribution with respect to the Parent Common Stock other than normal quarterly cash dividends as the same may be adjusted from time to time pursuant to the terms of this Agreement (or if a record date with respect to any of the foregoing should occur) ), prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Conversion Number, and all references to the Conversion Number in this Agreement shall be deemed to be to the Conversion Number as so adjusted. 1.11Section 1.13

Appears in 1 contract

Samples: Agreement and Plan of Merger (Saks Holdings Inc)

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Adjustment of Conversion Number. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock or Company Common Stock, any change or conversion of Parent Common Stock or Company Common Stock into other securities, any adjustment pursuant to Section 7.1(g) hereof, or any other dividend or distribution with respect to the Parent Common Stock or Company Common Stock other than normal quarterly cash dividends as the same may be adjusted from time to time pursuant to the terms of this Agreement (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Conversion NumberNumber and Cash Consideration, and all references to the Conversion Number and Cash Consideration in this Agreement shall be deemed to be to the Conversion Number and Cash Consideration as so adjusted. 1.11.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Excel Industries Inc)

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