Common use of Adjustments for Tax Purposes Clause in Contracts

Adjustments for Tax Purposes. Except as prohibited by law, the Company may (but is not obligated to) make such increases in the Conversion Rate, in addition to those required by Section 10.06 hereof, as it considers to be advisable to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reason.

Appears in 27 contracts

Samples: Investment Agreement (Viavi Solutions Inc.), Investment Agreement (Global Payments Inc), Indenture (Zuora Inc)

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Adjustments for Tax Purposes. Except as prohibited by law, law the Company may (but is not obligated to) make such increases in increase the Conversion Rate, in addition to those required by Section 10.06 hereof, as it considers determines to be advisable in order that any stock dividend, subdivision of shares, distribution of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company or to its shareholders will not be taxable to the recipients thereof or in order to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reasontaxation.

Appears in 10 contracts

Samples: Note Purchase Agreement (Broadcom Cayman L.P.), Indenture (Qunar Cayman Islands Ltd.), Indenture (Avago Technologies LTD)

Adjustments for Tax Purposes. Except as prohibited by law, the Company may (but is not obligated to) make such increases in increase the Conversion Rate, in addition to those required by Section 10.06 11.06 hereof, as it considers determines to be advisable in order that any dividend, distribution, share split or share combination will not be taxable to the recipients thereof or in order to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reasontaxation.

Appears in 8 contracts

Samples: Second Supplemental Indenture (Whiting Petroleum Corp), Sixth Supplemental Indenture (Whiting Petroleum Corp), Fifth Supplemental Indenture (Whiting Petroleum Corp)

Adjustments for Tax Purposes. Except as prohibited by law, law the Company may (but is not obligated to) make such increases in the Conversion Rate, in addition to those required by Section 10.06 8.06 hereof, as it considers determines to be advisable to avoid or diminish in order that any income tax to any holders stock dividend, subdivision of Common Stock (or shares, distribution of rights to purchase Common Stock) resulting from any dividend stock or securities or distribution of securities convertible into or exchangeable for stock (made by the Company or rights to acquire stock) its stockholders will not be taxable to the recipients thereof or from in order to diminish any event treated as such for income tax purposes or for any other reasontaxation.

Appears in 3 contracts

Samples: Supplemental Indenture (Health Care Reit Inc /De/), Supplemental Indenture (Health Care Reit Inc /De/), Supplemental Indenture (Health Care Reit Inc /De/)

Adjustments for Tax Purposes. Except as prohibited by law, the Company may (but is not obligated to) make such increases in increase the Conversion Rate, in addition to those adjustments required by or allowed under Section 10.06 hereof, as it considers determines to be advisable in order that any stock dividend, subdivision of shares, distribution of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company or to its shareholders will not be taxable to the recipients thereof or in order to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reasontaxation.

Appears in 3 contracts

Samples: Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc), Indenture (Denbury Resources Inc)

Adjustments for Tax Purposes. Except as prohibited by law, the Company may (but is not obligated to) make such increases in increase the Conversion Rate, in addition to those required by Section 10.06 hereof, as it considers determines to be advisable in order that any stock dividend, subdivision of shares, distribution of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company or to its shareholders will not be taxable to the recipients thereof or in order to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reasontaxation.

Appears in 2 contracts

Samples: Indenture (Sandridge Energy Inc), Indenture (Sandridge Energy Inc)

Adjustments for Tax Purposes. Except as prohibited by law, the Company may (but is not obligated to) make such increases in increase the Conversion Rate, in addition to those required by Section 10.06 hereof, as it considers determines to be advisable in order that any stock dividend, 58 subdivision of shares, distribution of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company or to its stockholders will not be taxable to the recipients thereof or in order to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reasontaxation.

Appears in 1 contract

Samples: Indenture (Tivo Inc)

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Adjustments for Tax Purposes. Except as prohibited by law, the Company may (but is not obligated to) make such increases in the Conversion Rate, in addition to those required by Section 10.06 10.07 hereof, as it considers to be advisable to avoid or diminish any income tax to any holders of Common Stock (or rights to purchase Common Stock) resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reason.

Appears in 1 contract

Samples: Indenture (Azz Inc)

Adjustments for Tax Purposes. Except as prohibited by lawlaw or applicable rules, the Company may (but is not obligated to) make such increases in the Conversion Rate, in addition to those required by Section 10.06 13.05 hereof, as it considers determines to be advisable to avoid or diminish in order that any income tax to any holders stock dividend, subdivision of Common Stock (or stock, distribution of rights to purchase Common Stock) resulting from any dividend stock or securities or distribution of securities convertible into or exchangeable for stock (made by the Company or rights to acquire stock) or from any event treated as such for income tax purposes or for any other reasonits shareholders will not be taxable to the recipients thereof.

Appears in 1 contract

Samples: Indenture (Hi-Crush Inc.)

Adjustments for Tax Purposes. Except as prohibited by law, law the Company may (but is not obligated to) make such increases in the Conversion Rate, in addition to those required by Section 10.06 hereof, as it considers determines to be advisable to avoid or diminish in order that any income tax to any holders stock dividend, subdivision of Common Stock (or shares, distribution of rights to purchase Common Stock) resulting from any dividend stock or securities or distribution of securities convertible into or exchangeable for stock (made by the Company or rights to acquire stock) its shareholders will not be taxable to the recipients thereof or from in order to diminish any event treated as such for income tax purposes or for any other reasontaxation.

Appears in 1 contract

Samples: Indenture (Five Star Quality Care Inc)

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