Common use of Adjustments for Tax Purposes Clause in Contracts

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.

Appears in 8 contracts

Samples: Indenture (NTL Delaware Inc), Indenture (Akamai Technologies Inc), Indenture (Echostar Communications Corp)

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Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereofabove, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders shareholders will not be taxable to the recipients thereof.

Appears in 7 contracts

Samples: Indenture (Intevac Inc), Indenture (Intevac Inc), Indenture (Intevac Inc)

Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereofabove, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.

Appears in 6 contracts

Samples: Indenture (Sabratek Corp), Indenture (Angeion Corp/Mn), Indenture (Tel Save Holdings Inc)

Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof5.6 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.

Appears in 5 contracts

Samples: Indenture (Komag Inc /De/), Indenture (HMT Technology Corp), Indenture (Coeur D Alene Mines Corp)

Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof11.4 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities Notes or distribution of securities Notes convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.

Appears in 3 contracts

Samples: Indenture (Prime Succession Holdings Inc), Indenture (Prime Succession Holdings Inc), Indenture (Prime Succession Holdings Inc)

Adjustments for Tax Purposes. The Unless otherwise specified pursuant to Section 301, the Company may may, at its option, make such reductions in the Conversion PricePrice with respect to any series of Securities subject to conversion, in addition to those required by Section 5.06 hereof1606 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.

Appears in 1 contract

Samples: Subordinated Indenture (Sci Systems Inc)

Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof10.06 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.

Appears in 1 contract

Samples: Indenture (Macerich Co)

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Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to those required by Section 5.06 4.06 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.securities

Appears in 1 contract

Samples: Indenture (Emcore Corp)

Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 10.06 hereof, as it determines to be advisable in order that any stock dividend, subdivision of sharesshares of Common Stock, distribution or of rights to purchase stock Common Stock or securities Convertible Securities or distribution of securities convertible into or exchangeable for stock Convertible Securities made by the Company to its stockholders holders of Common Stock will not be taxable to the recipients thereof.

Appears in 1 contract

Samples: Indenture (Noble International LTD)

Adjustments for Tax Purposes. The Company may make such reductions decreases in the Conversion Price, in addition to those required by Section 5.06 SECTION 10.7 hereof, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company or to its stockholders shareholders will not be taxable to the recipients thereof.

Appears in 1 contract

Samples: Indenture (Medis Technologies LTD)

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