Common use of Certificate of Adjusted Exercise Price or Number of Shares Clause in Contracts

Certificate of Adjusted Exercise Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 and Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for such adjustment, (b) promptly file with the Rights Agent and with each transfer agent for the Common Stock a copy of such certificate and (c) mail a brief summary thereof to each holder of a Right Certificate in accordance with Section 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained therein and shall not be deemed to have knowledge of any such adjustment unless and until it shall have received such certificate.

Appears in 8 contracts

Samples: Shareholder Rights Agreement (Delta Woodside Industries Inc /Sc/), Shareholder Rights Agreement (Ryans Family Steakhouses Inc), Shareholder Rights Agreement (One Price Clothing Stores Inc)

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Certificate of Adjusted Exercise Price or Number of Shares. Whenever an any adjustment is made as provided in shall be required by Section 11 and Section 11, 13 hereofor 23(g), the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for requiring such adjustment, (b) promptly file with the Rights Agent and with each transfer agent for the Preferred Shares or the Common Stock of the Company a copy of such certificate and (c) mail a brief summary thereof to each registered holder of a Right Certificate the Rights in accordance with Section 25 hereof26. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained described therein and shall not be deemed to have knowledge of any such adjustment unless and until it shall have received such certificate.

Appears in 1 contract

Samples: Stockholders Rights Agreement (Peapod Inc)

Certificate of Adjusted Exercise Price or Number of Shares. Whenever an any adjustment is made as provided in Section 11 and Section 13 hereofshall be required, the Company shall promptly (ai) promptly prepare a certificate setting forth such adjustment and a brief statement of the facts accounting for requiring such adjustment, (bii) promptly file with the Rights Agent and with each transfer agent (if different than the Rights Agent) for the Preferred Shares or the Common Stock of the Company a copy of such certificate and (ciii) mail a brief summary thereof to each registered holder of a Right Certificate the Rights in accordance with Section 25 hereof5.8. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained described therein and shall not be deemed to have knowledge of any such adjustment unless and until it shall have received such certificate.

Appears in 1 contract

Samples: Shareholder Rights Agreement (Plexus Corp)

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Certificate of Adjusted Exercise Price or Number of Shares. Whenever an any adjustment is made as provided in Section shall be required by Sections 11 and Section 13 hereofor 13, the Company shall promptly (ai) promptly prepare a certificate cer tificate setting forth such adjustment and a brief statement of the facts accounting for requiring such adjustment, (bii) promptly file with the Rights Agent and with each transfer agent for the Preferred Shares or the Common Stock of the Company a copy of such certificate and (ciii) mail a brief summary thereof to each registered holder of a Right Certificate the Rights in accordance with Section 25 hereof26. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment contained described therein and shall not be deemed to have knowledge of any such adjustment unless and until it shall have received such certificate.

Appears in 1 contract

Samples: Shareholders Rights Agreement (Midamerican Energy Holdings Co)

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