Adjustment Rules. (a) Any adjustments pursuant to this Article IV shall be made successively whenever an event referred to herein shall occur. (b) If the Company shall set a record date to determine the holders of shares of Common Stock for purposes of a Common Stock Reorganization or Capital Reorganization, and shall legally abandon such action prior to effecting such action, then no adjustment shall be made pursuant to this Article IV in respect of such action. (c) No adjustment in the amount of shares purchasable upon exercise of this Warrant or in the Exercise Price shall be made hereunder unless such adjustment increases or decreases such amount or price by one percent or more, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall serve to adjust such amount or price by one percent or more. (d) No adjustment in the Exercise Price shall be made hereunder if such adjustment would reduce the exercise price to an amount below par value of the Common Stock, which par value shall initially be $.01 per share of Common Stock.
Appears in 16 contracts
Samples: Warrant Agreement (Capstar Broadcasting Corp), Warrant Agreement (Capstar Broadcasting Corp), Warrant Agreement (Capstar Broadcasting Corp)
Adjustment Rules. (a) Any adjustments pursuant to this Article IV shall be made successively whenever an event referred to herein shall occur.
(b) If the Company shall set a record date to determine the holders of shares of Common Stock for purposes of a Common Stock Reorganization or Capital Reorganization, and shall legally abandon such action prior to effecting such action, then no adjustment shall be made pursuant to this Article IV in respect of such action.
(c) No adjustment in the amount of shares purchasable upon exercise of this Warrant or in either of the Exercise Price Prices shall be made hereunder unless such adjustment increases or decreases such amount or price by one percent or more, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall serve to adjust such amount or price by one percent or more.
(d) No adjustment in the Exercise Price shall be made hereunder if such adjustment would reduce the exercise price to an amount below par value of the Common Stock, which par value shall initially be $.01 per share of Common Stock.
Appears in 3 contracts
Samples: Warrant Agreement (Atrium Companies Inc), Executive Employment Agreement (H R Window Supply Inc), Warrant Agreement (Atrium Companies Inc)
Adjustment Rules. (a) Any adjustments pursuant to this Article IV shall be made successively whenever an event referred to herein shall occur.
(b) If the Company shall set a record date to determine the holders of shares of Common Stock for purposes of a Common Stock Reorganization or Capital ReorganizationDividend, and shall legally abandon such action prior to effecting such action, then no adjustment shall be made pursuant to this Article IV in respect of such action.
(c) No adjustment in the amount of shares purchasable upon exercise of this Warrant Share Number or in the Exercise Price and the Mandatory Exercise Price shall be made hereunder unless such adjustment increases or decreases such amount the Share Number or price Exercise Price by one percent or more, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall serve to adjust such amount or price by one percent or more.
(d) No adjustment in the Exercise Price shall be made hereunder if such adjustment would reduce pursuant to this Article IV in respect of the issuance (or deemed issuance) of shares of Common Stock in connection with the exercise price to an amount below par value of the Common Stock, which par value shall initially be $.01 per share of Common StockWarrants.
Appears in 1 contract
Samples: Indenture (Allegheny Energy Inc)
Adjustment Rules. (a1) Any adjustments pursuant to this Article IV Appendix A shall be made successively whenever an event referred to herein shall occur.
(b2) If the Company Compscript shall set a record date to determine the holders of shares of Common Stock for purposes of a Common Stock Reorganization Reorganization, Special Dividend or Capital Compscript Reorganization, and shall legally abandon such action prior to effecting such action, then no adjustment shall be made pursuant to this Article IV Appendix A in respect of such action.
(c3) No adjustment in the amount number of shares purchasable Option Shares issuable upon exercise of this Warrant the Option or in the Exercise Price shall be made hereunder unless such adjustment increases or decreases such amount or price by one percent or more, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall serve to adjust such amount or price by one percent or more.
(d4) No adjustment in the Exercise Price shall be made hereunder if such adjustment would reduce the exercise price Exercise Price to an amount below par value of the Common Stock, which par value shall initially be $.01 per share of Common Stock.
Appears in 1 contract
Adjustment Rules. (a) Any adjustments adjustment pursuant to this Article IV Section 3 shall be made successively whenever an event referred to herein shall occur.
(b) If the Company shall set a record date to determine the holders of shares of Common Stock for purposes of a Common Stock Reorganization Reorganization, Special Dividend or Capital Reorganization, and shall legally abandon such action prior to effecting such actionAction, then no adjustment shall be made pursuant to this Article IV Section 3 in respect of such action.
(c) No adjustment in the amount of shares purchasable upon exercise of this Warrant Shares or in the Exercise Price shall be made hereunder unless such adjustment increases or decreases such amount or price by one percent or more, but any such lesser lessor adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall serve to adjust such amount or price by one percent or more.
(d) No adjustment in the Exercise Price shall be made hereunder if such adjustment would reduce the exercise price Exercise Price to an amount below par value of the Series A Common Stock, which par value shall initially be $.01 0.001 per share of Common Stockshare.
Appears in 1 contract
Adjustment Rules. (a) Any adjustments pursuant to this Article IV Section 3 shall be made successively whenever an event referred to herein shall occur.
(b) If the Company shall set a record date to determine the holders of shares share of Common Stock for purposes of a Common Stock Reorganization Reorganization, Special Dividend or Capital Reorganization, and shall legally abandon such action prior to effecting such actionAction, then no adjustment shall be made pursuant to this Article IV Section 3 in respect of such action.
(c) No adjustment in the amount of shares purchasable upon exercise of this Warrant Shares or in the Exercise Price shall be made hereunder unless such adjustment increases or decreases such amount or price by one percent or more, but any such lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall serve to adjust such amount or price by one percent or more.
(d) No adjustment in the Exercise Price shall be made hereunder if such adjustment would reduce the exercise price Exercise Price to an amount below par value of the Series A Common Stock, which par value shall initially be $.01 0.001 per share of Common Stockshare.
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