Common use of Calculation Methodology Clause in Contracts

Calculation Methodology. No adjustment in the Conversion Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Conversion Price then in effect provided that any adjustment that would otherwise be required to be made shall be carried forward and taken into account in any subsequent adjustment. Except as stated in Section 2.07, the Conversion Rate will not be adjusted for the issuance of Common Stock or any securities convertible into or exchangeable for Common Stock or carrying the right to purchase any of the foregoing. Any adjustments that are made shall be carried forward and taken into account in any subsequent adjustment. All calculations under Sections 2.06, 2.07 and this Section 2.08 shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.

Appears in 3 contracts

Samples: Second Supplemental Indenture (Interpublic Group of Companies, Inc.), First Supplemental Indenture (Interpublic Group of Companies, Inc.), Third Supplemental Indenture (Interpublic Group of Companies Inc)

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Calculation Methodology. No adjustment in the Conversion Price Rate need be made unless the adjustment would require an increase or decrease of at least 1% in the Conversion Price Rate then in effect provided that any adjustment that would otherwise be required to be made shall be carried forward and taken into account in any subsequent adjustment. Except as stated in Section 2.07, the Conversion Rate will not be adjusted for the issuance of Common Stock or any securities convertible into or exchangeable for Common Stock or carrying the right to purchase any of the foregoing. Any adjustments that are made shall be carried forward and taken into account in any subsequent adjustment. All calculations under Sections 2.06, 2.07 and this Section 2.08 shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.

Appears in 2 contracts

Samples: Second Supplemental Indenture (Interpublic Group of Companies Inc), Supplemental Indenture (Us Bancorp \De\)

Calculation Methodology. No adjustment in the Conversion Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Conversion Price then in effect provided that any adjustment that would otherwise be required to be made shall be carried forward and taken into account in any subsequent adjustment. Except as stated in Section 2.0712.2, the Conversion Rate Price will not be adjusted for the issuance of Common Stock or any securities convertible into or exchangeable for Common Stock or carrying the right to purchase any of the foregoing. Any adjustments that are made shall be carried forward and taken into account in any subsequent adjustment. All calculations under Sections 2.06Section 12.1, 2.07 Section 12.2 and this Section 2.08 12.3 shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.

Appears in 1 contract

Samples: Indenture (HCRC Inc)

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Calculation Methodology. No adjustment in the Conversion Price need be made unless the adjustment would require an increase or decrease of at least 1% in the Conversion Price then in effect provided that any adjustment that would otherwise be required to be made shall be carried forward and taken into account in any subsequent adjustment. Except as stated in Section 2.0712.2, the Conversion Rate Price will not be adjusted for the issuance of Common Stock or any securities convertible into or exchangeable for Common Stock or carrying the right to purchase any of the foregoing. Any adjustments that are made shall be carried forward and taken into account in any subsequent adjustment. All calculations under Sections 2.0612.1, 2.07 12.2, 12.3 and this Section 2.08 12.4 shall be made to the nearest cent or to the nearest 1/10,000th of a share, as the case may be.

Appears in 1 contract

Samples: Indenture (Manor Care Inc)

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