Common use of Certification of Adjusted Purchase Price or Number of Shares Clause in Contracts

Certification of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or 13, the Company shall (i) promptly prepare a certificate setting forth such adjustment, and a brief statement of the facts accounting for such adjustment, (ii) promptly file with the Rights Agent and with each transfer agent for the Common Stock a copy of such certificate, and (iii) mail a brief summary thereof to each holder of a Right Certificate in accordance with Section 25. Notwithstanding the foregoing sentence, the failure of the Company to give such notice shall not affect the validity of, or the force or effect of, the requirement for such adjustment.

Appears in 11 contracts

Samples: Rights Agreement (International Rectifier Corp /De/), Rights Agreement (Southwest Gas Corp), Rights Agreement (Southwest Gas Corp)

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Certification of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or 13, the Company shall (ia) promptly prepare a certificate setting forth such adjustment, and a brief statement of the facts accounting for such adjustment, (iib) promptly file with the Rights Agent and with each transfer agent for the Common Preference Stock a copy of such certificate, certificate and (iiic) mail a brief summary thereof to each holder of a Right Certificate in accordance with Section 25. Notwithstanding the foregoing sentence, the failure of the Company to give such notice shall not affect the validity of, or the force or effect of, the requirement for such adjustment.

Appears in 1 contract

Samples: Rights Agreement (Turner Corp)

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