Common use of Adjustments for Dividends, Distributions, Stock Splits, Etc Clause in Contracts

Adjustments for Dividends, Distributions, Stock Splits, Etc. In case the Company shall pay or make a dividend or other distribution on Common Stock in Common Stock, each Fixed Settlement Rate in effect at the close of business on the date fixed for the determination of shareholders entitled to receive such dividend or other distribution shall be increased by dividing each Fixed Settlement Rate by a fraction of which:

Appears in 2 contracts

Samples: Purchase Contract Agreement (PNM Resources Inc), Purchase Contract and Pledge Agreement (PNM Resources Inc)

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Adjustments for Dividends, Distributions, Stock Splits, Etc. In case the Company shall pay or make a dividend or other distribution on any class of Common Stock of the Company in Common Stock, each Fixed the Settlement Rate in effect at the close opening of business on the day following the date fixed for the determination of shareholders stockholders entitled to receive such dividend or other distribution shall be increased by dividing each Fixed such Settlement Rate by a fraction of which:which the numerator shall be the number of shares of Common Stock outstanding at the close of business on the 50

Appears in 1 contract

Samples: Purchase Contract Agreement (Protective Life Corp)

Adjustments for Dividends, Distributions, Stock Splits, Etc. (1) In case the Company shall pay or make a dividend or other distribution on any class of Common Stock of the Company in Common Stock, each Fixed the Settlement Rate in effect at the close opening of business on the day following the date fixed for the determination of shareholders stockholders entitled to receive such dividend or other distribution shall be increased by dividing each Fixed such Settlement Rate by a fraction of which:which the numerator shall be the number of shares of Common Stock outstanding at the close of

Appears in 1 contract

Samples: Master Unit Agreement (CMS Energy Corp)

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Adjustments for Dividends, Distributions, Stock Splits, Etc. In case the Company shall pay or make a dividend or other distribution on Common Stock in Common Stock, each Fixed the Settlement Rate in effect at the close of business on the date fixed for the determination of shareholders stockholders entitled to receive such dividend or other distribution shall be increased by dividing each Fixed such Settlement Rate by a fraction of which:

Appears in 1 contract

Samples: Purchase Contract Agreement (PNM Resources Inc)

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