Common use of Dividend Adjustments Clause in Contracts

Dividend Adjustments. If at any time during the period from but excluding the Trade Date, to and including the final Expiration Date an ex-dividend date for a cash dividend occurs with respect to the Shares, then the Calculation Agent will adjust the Strike Price, the Number of Warrants, the Warrant Entitlement and other variables as it deems appropriate to preserve the fair value of the Warrants to Dealer after taking into account such dividend.

Appears in 4 contracts

Samples: Warrant Transaction Confirmation (DealerTrack Holdings, Inc.), Additional Warrant Transaction (DealerTrack Holdings, Inc.), Base Warrant Transaction (DealerTrack Holdings, Inc.)

AutoNDA by SimpleDocs

Dividend Adjustments. If at any time during the period from but excluding the Trade Date, to and including the final Expiration Date an ex-dividend date for a cash dividend occurs with respect to the Shares, then the Calculation Agent will adjust the Strike Price, the Number of Warrants, Warrants and/or the Warrant Entitlement and other variables as it deems appropriate in good faith and in a commercially reasonable manner to preserve the fair value of the Warrants to Dealer after taking into account such dividend.

Appears in 2 contracts

Samples: Warrant Transaction Confirmation (Qiagen Nv), Warrant Transaction (Qiagen Nv)

Dividend Adjustments. If at any time during the period from but excluding the Trade Date, to and including the final Expiration Date an ex-dividend date for a cash dividend occurs with respect to the Shares, then the Calculation Agent will adjust the Strike Price, the Number of Warrants, the Warrant Entitlement and other variables as it deems appropriate to preserve the fair value of the Warrants to Dealer after taking into account such dividendin good faith and in a commercially reasonable manner.

Appears in 2 contracts

Samples: Warrant Transaction Confirmation (Qiagen Nv), Warrant Transaction Confirmation (Qiagen Nv)

AutoNDA by SimpleDocs

Dividend Adjustments. If at any time during the period from but excluding the Trade Date, to and including the final Expiration Date an ex-dividend date for a cash dividend occurs with respect to the Shares, then the Calculation Agent will adjust the Strike Price, the Number of Warrants, the Warrants and/or Warrant Entitlement and other variables as it deems appropriate to preserve the fair value of the Warrants Warrant to Dealer Bank after taking into account such dividend.

Appears in 1 contract

Samples: Warrant Transaction Confirmation (Covanta Holding Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!