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 10.05 hereof, as it determines to be advisable in order that any share dividend, subdivision of shares, distribution of rights to purchase shares or securities or distribution of securities convertible into or exchangeable for shares made by the Company or to holders of Ordinary Shares or ADSs will not be taxable to the recipients thereof or in order to diminish any such taxation.

Appears in 4 contracts

Samples: Indenture (Suntech Power Holdings Co., Ltd.), Indenture (Suntech Power Holdings Co., Ltd.), Indenture (LDK Solar Co., Ltd.)

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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 Section 10.05 hereof, as it determines to be advisable in order that any share stock dividend, subdivision of shares, distribution of rights to purchase shares stock or securities or distribution of securities convertible into or exchangeable for shares stock made by the Company or to holders of Ordinary Shares or ADSs its stockholders will not be taxable to the recipients thereof or in order to diminish any such taxation.

Appears in 3 contracts

Samples: Indenture (Arris Group Inc), Indenture (Arris Group Inc), Indenture (Diodes Inc /Del/)

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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 Section 10.05 hereof, as it determines to be advisable in order that any share stock dividend, subdivision of shares, distribution of rights to purchase shares stock or securities or distribution of securities convertible into or exchangeable for shares stock made by the Company Guarantor or to holders of Ordinary Shares or ADSs its stockholders will not be taxable to the recipients thereof or in order to diminish any such taxation.

Appears in 1 contract

Samples: First Supplemental Indenture (Arris Group Inc)

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