Adjustments Below Par Value. Before taking any action which would cause an adjustment decreasing the Conversion Price so that the shares of Common Stock issuable upon conversion of the Securities would be issued for less than the par value of such Common Stock, the Company will take all corporate action which may be necessary in order that the Company may validly and legally issue fully paid and nonassessable shares of such Common Stock at such adjusted Conversion Price.
Appears in 14 contracts
Samples: Indenture (Kaydon Corp), Indenture (Yellow Corp), Indenture (Pinnacle Holdings Inc)
Adjustments Below Par Value. Before taking any action which would cause an adjustment decreasing the Conversion Price so that the shares of Common Stock issuable upon conversion of the Securities Notes would be issued for less than the par value of such Common Stock, the Company will take all corporate action which may be necessary in order that the Company may validly and legally issue fully paid and nonassessable shares of such Common Stock at such adjusted Conversion Price.
Appears in 4 contracts
Samples: Covenants (Watermark Realty Inc), First Supplemental Indenture (Natural Microsystems Corp), Fleming Companies Inc /Ok/
Adjustments Below Par Value. Before taking any action which would cause an adjustment decreasing the Conversion Price so that the shares of Common Stock issuable upon conversion of the Securities Debentures would be issued for less than the par value of such Common Stock, the Company will take all corporate action which may be necessary in order that the Company may validly and legally issue fully paid and nonassessable shares of such Common Stock at such adjusted Conversion Price.
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Adjustments Below Par Value. Before taking any action which would cause an adjustment decreasing the Conversion Price so that the any shares of Common Stock issuable upon conversion of the Securities would be issued for less than the par value of such Common Stock, the Company will take all corporate action which may be necessary in order that the Company may validly and legally issue fully paid and nonassessable shares of such Common Stock at such adjusted Conversion Price.
Appears in 1 contract
Samples: Waste Connections Inc/De
Adjustments Below Par Value. Before taking any action which would cause an adjustment decreasing the Conversion Price so that the shares of Class A Common Stock issuable upon conversion of the Securities would be issued for less than the par value of such Class A Common Stock, the Company will take all corporate action which may be necessary in order that the Company may validly and legally issue fully paid and nonassessable shares of such Class A Common Stock at such adjusted Conversion Price.
Appears in 1 contract
Samples: Medicis Pharmaceutical Corp
Adjustments Below Par Value. Before taking --------------------------- any action which would cause an adjustment decreasing the Conversion Price so that the shares of Class A Common Stock issuable upon conversion of the Securities would be issued for less than the par value of such Class A Common Stock, the Company will take all corporate action which may be necessary in order that the Company may validly and legally issue fully paid and nonassessable shares of such Class A Common Stock at such adjusted Conversion Price.
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