Certain Other Events. If any event occurs after the date of issuance of this Warrant as to which the foregoing provisions of this Article IV are not strictly applicable or, if strictly applicable, would not, in the good faith judgment of the Board of Directors of the Company (the "Board"), fairly protect the purchase rights of the Holder in accordance with the essential intent and principles of such provisions, then the Board shall make such adjustments in the application of such provisions, in accordance with such essential intent and principles, as shall be reasonably necessary, in the good faith opinion of the Board, to protect such purchase rights as aforesaid.
Appears in 15 contracts
Sources: Executive Employment Agreement (H R Window Supply Inc), Warrant Agreement (Capstar Broadcasting Partners Inc), Warrant Agreement (Capstar Broadcasting Corp)
Certain Other Events. If any event occurs after the date of issuance of this Warrant as to which the foregoing provisions of this Article IV are not strictly applicable or, if strictly applicable, would not, in the good faith judgment of the Board of Directors of the Company (the "Board"), fairly protect the purchase rights of the Holder in accordance with the essential intent and principles of such provisions, then the Board shall make such adjustments in the application of such provisions, in accordance with such essential intent and principles, as shall be reasonably necessary, in the good faith opinion of the Board, to protect such purchase rights as aforesaid.such
Appears in 2 contracts
Sources: Warrant Agreement (Capstar Broadcasting Partners Inc), Warrant Agreement (Capstar Broadcasting Partners Inc)
Certain Other Events. If any event occurs after the date of issuance of this Exchange Warrant as to which the foregoing provisions of this Article IV are not strictly applicable or, if strictly applicable, would not, in the good faith judgment of the Board of Directors of the Company (the "Board"), fairly protect the purchase rights of the Holder in accordance with the essential intent and principles of such provisions, then the Board shall make such adjustments in the application of such provisions, in accordance with such essential intent and principles, as shall be reasonably necessary, in the good faith opinion of the Board, to protect such purchase rights as aforesaid.
Appears in 1 contract
Certain Other Events. If any event occurs after the date of issuance of this Warrant as to which the foregoing provisions of this Article IV are not strictly applicable or, if strictly applicable, would not, in the good faith judgment of the Board of Directors of the Company (the "Board")Company, fairly protect the purchase rights of the Holder Warrants in accordance with the essential intent and principles of such provisionsprovisions or would violate applicable law, then the such Board shall make such adjustments in the application of such provisions, provisions in accordance with such essential intent and principles, as shall be reasonably necessary, in the good faith opinion of the Board, such Board to protect such purchase rights as aforesaid.
Appears in 1 contract