Common use of Adjustments to Par Value Clause in Contracts

Adjustments to Par Value. The Corporate Borrower shall from time to time make such adjustments to the par value of the Common Stock as may be necessary so that at all times, upon conversion of this Note, the shares of Common Stock will be fully paid and nonassessable.

Appears in 3 contracts

Samples: Homestead Village Inc, Homestead Village Properties Inc, Security Capital Group Inc/

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Adjustments to Par Value. The Corporate Borrower shall from time to time make such adjustments to the par value of the Common Stock as may be necessary so that at all times, upon conversion of this Note, the shares of Common Stock will be fully paid and nonassessable.

Appears in 1 contract

Samples: Homestead Village Properties Inc

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