Common use of GENERAL ADJUSTMENT PROVISIONS Clause in Contracts

GENERAL ADJUSTMENT PROVISIONS. (a) In any case in which this Section 5 shall require that an adjustment be made retroactive to the date immediately following a Record Date, an Issuer may elect to defer (but only until five (5) Business Days following the mailing by such Issuer to the Holder of the certificate as required by Section 5.7) issuing to the Holder, in the event of any exercise of this Warrant after such Record Date, the units or shares of Common Equity Securities issuable upon such exercise in excess of the units or shares of Common Equity Securities issuable upon such exercise prior to such adjustment, if any.

Appears in 3 contracts

Samples: GMH Communities Trust, GMH Communities Trust, GMH Communities Trust

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GENERAL ADJUSTMENT PROVISIONS. (a) In any case in which this Section 5 shall require that an adjustment be made retroactive to the date immediately following a Record Date, an Issuer may elect to defer (but only until five (5) Business Days following the mailing by such Issuer to the Holder of the certificate as required by Section 5.7) issuing to the Holder, in the event of any exercise of this Warrant after such suc h Record Date, the units or shares of Common Equity Securities issuable upon such exercise in excess of the units or shares of Common Equity Securities issuable upon such exercise prior to such adjustment, if any.

Appears in 1 contract

Samples: GMH Communities Trust

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