Common use of Effect of Adjustment Clause in Contracts

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: BMB Munai Inc, Bema Gold Corp /Can/

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Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 18 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: BMB Munai Inc, Bema Gold Corp /Can/

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 23 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: BMB Munai Inc, Bema Gold Corp /Can/

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 19 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: Bema Gold Corp /Can/, BMB Munai Inc

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 22 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: BMB Munai Inc, Bema Gold Corp /Can/

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 25 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: Bema Gold Corp /Can/, BMB Munai Inc

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 21 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: Bema Gold Corp /Can/, BMB Munai Inc

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Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 24 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 2 contracts

Samples: BMB Munai Inc, Bema Gold Corp /Can/

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 26 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 1 contract

Samples: Bema Gold Corp /Can/

Effect of Adjustment. The Conversion Price as adjusted pursuant to this Condition 20 17 shall apply, with effect from and including the Effective Date, to each Note for which the Conversion Date has not occurred prior to the Effective Date. Any such adjustment shall be subject to any subsequent adjustment pursuant to these Conditions.

Appears in 1 contract

Samples: BMB Munai Inc

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