Deferral of Issuance. In any case in which this Article V shall require that any adjustment in the number of Warrant Shares purchasable hereunder or in the Exercise Price be made effective as of immediately after a record date for a specified event, the Company may elect to defer, until the occurrence of such event, the issuing to the Holder of any Warrant exercised after such record date of the shares of Common Stock and other capital stock of the Company, if any, issuable upon such exercise over and above the number of shares of Common Stock and other capital stock of the Company, if any, that would have been issuable upon such exercise on the basis of the Exercise Price in effect prior to such adjustment. In such case, the Company shall deliver to the Holder a due bill or other appropriate instrument evidencing the Holder's right xx xeceive such additional shares upon the occurrence of the event requiring such adjustment.
Deferral of Issuance. In any case in which this Section 5 shall require that an adjustment be made following a record date established for purposes of this Section 5, the Company may elect to defer (but only until five (5) Trading Days following the mailing by the Company of the officer’s certificate described in Section 5.6) issuing to the Holder of any Warrant exercised after such record date the shares of Common Stock and other capital stock of the Company issuable upon such exercise over and above the shares of Common Stock and other capital stock of the Company issuable upon such exercise only on the basis of the Warrant Price prior to adjustment; and, in lieu of the shares the issuance of which is so deferred, the Company shall issue or cause its transfer agent to issue due bills or other appropriate evidence prepared by the Company of the right to receive such shares. If any distribution in respect of which an adjustment to the Warrant Price is required to be made as of the record date therefor is not thereafter made or paid by the Company for any reason, the Warrant Price shall be readjusted to the Warrant Price which would then be in effect if such record date had not been fixed or such effective date had not occurred.
Deferral of Issuance. In any case in which this Article V shall -------------------- require that any adjustment in the number of Warrant Shares purchasable or otherwise receivable hereunder or in the Exercise Price be made effective as of immediately after a record date for a specified event, the Company may elect to defer, until the occurrence of such event, the issuing to the Holder of any Warrant exercised or converted after such record date of the shares of Common Stock and other capital stock of the Company, if any, issuable upon such exercise or conversion over and above the number of shares of Common Stock and other capital stock of the Company, if any, that would have been issuable upon such exercise or conversion on the basis of the Exercise Price in effect prior to such adjustment. In such case, the Company shall deliver to the Holder a due xxxx or other appropriate instrument evidencing the Holder's right to receive such additional shares upon the occurrence of the event requiring such adjustment.
Deferral of Issuance. In any case in which this Section 3 shall require that an adjustment be made following a record date or a Determination Date or Tender Expiration Date, as the case may be, established for purposes of this Section 3, the Company may elect to defer (but only until five Business Days following the filing by the Company with the Holder of the certificate described in Section 5) issuing to the Holder of any Warrant exercised after such record date or Determination Date or Tender Expiration Date the shares of Common Stock and other capital stock of the Company issuable upon such exercise over and above the shares of Common Stock and other capital stock of the Company issuable upon such exercise only on the basis of the Exercise Price prior to adjustment; and, in lieu of the shares the issuance of which is so deferred, the Company shall issue or cause its transfer agent to issue due bills or other appropriate evidence prepared by the Company of the right to receive such shares. If any distribution in respect of which an adjustment to the Exercise Price is required to be made as of the record date or Determination Date or Tender Expiration Date therefor is not thereafter made or paid by the Company for any reason, the Exercise Price shall be readjusted to the Exercise Price which would then be in effect if such record date had not been fixed or such effective date or Determination Date or Tender Expiration Date had not occurred.
Deferral of Issuance. In any case in which this Section 6 shall require that an adjustment be made on or immediately following a record date, the Corporation may elect to defer (but only until five Business Days following the mailing of the notice described in Section 6(h) issuing to the holder of any share of the PIK Preferred Stock converted after such record date the shares of Common Stock into which such PIK Preferred Stock shall have been converted, and in lieu of the shares the issuance of which is so deferred the Corporation shall issue or cause its transfer agent to issue temporary due bills or other appropriate evidence of the right to receive such shares.
Deferral of Issuance. In any case in which this Section 11 shall require that an adjustment in the Purchase Price be made effective as of a record date for a specified event, the Company may elect to defer (and shall give prompt written notice of such election to the Rights Agent) until the occurrence of such event the issuance to the holder of any Right exercised after such record date of the number of one one-thousandths of a share of Preferred Stock and other capital stock or securities of the Company, if any, issuable upon such exercise over and above the number of one one-thousandths of a share of Preferred Stock and other capital stock or securities of the Company, if any, issuable upon such exercise on the basis of the Purchase Price in effect prior to such adjustment; provided that the Company shall deliver to such holder a due xxxx or other appropriate instrument evidencing such holder's right to receive such additional shares (fractional or otherwise) or securities upon the occurrence of the event requiring such adjustment.
