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

Certification of Adjusted Purchase Price or Number of Shares. If an adjustment is made under 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 any different transfer agent for the Common Stock a copy of such certificate; and (iii) mail a brief summary 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 3 contracts

Samples: Rights Agreement (Us Energy Corp), Rights Agreement (Us Energy Corp), Rights Agreement (Online Power Supply Inc)

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Certification of Adjusted Purchase Price or Number of Shares. If an adjustment is made under 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 any different transfer agent for the Common Stock a copy of such certificate; and AND (iii) mail a brief summary 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 (Us Energy Corp)

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Certification of Adjusted Purchase Price or Number of Shares. If Whenever an adjustment is made under as provided in Section 11 or 13, the Company shall (i) promptly prepare a certificate setting forth such adjustment, and a brief brief, reasonably detailed statement of the facts facts, computations and methodology accounting for such adjustment; , (ii) promptly file with the Rights Agent and any different 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 1 contract

Samples: Rights Agreement (Advanced Marketing Services Inc)

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