Adjustment upon Acceleration. If an Acceleration Event shall occur at any time as from the Issue Date, even if it occurs after the respective Vesting Dates, each holder of Warrants shall be alternatively entitled to: (i) exercise the Warrants within 30 days following the occurrence of the Acceleration Event and receive the Underlying Shares acquired upon exercise of the Warrants; or (ii) maintain the Vested Warrants. If upon the occurrence of an Acceleration Event the holder of Warrants decides to exercise the Warrants within the term set forth in paragraph β(i)β above, the Exercise Price then in effect shall be adjusted to the sum that results from deducting the value of the option conferred by the Warrants, as determined by an internationally recognized investment bank.
Appears in 4 contracts
Samples: Restated Agreement for Issue of Warrants on Common Shares (Pampa Energy Inc.), Restated Agreement for Issue of Warrants on Common Shares (Pampa Energy Inc.), Restated Agreement for Issue of Warrants on Common Shares (Pampa Energy Inc.)
