Common use of Impact of Stock Splits, Etc Clause in Contracts

Impact of Stock Splits, Etc. In the event of any change in the number of shares of Company Common Stock, or securities convertible or exchangeable into or exercisable for shares of Company Common Stock (including Company Stock Options), issued and outstanding between the date of this Agreement and the Effective Time by reason of any stock split, stock dividend, subdivision, reclassification, recapitalization, combination, exchange of shares or the like, the Merger Consideration to be paid for each share of Company Common Stock (or Option Consideration to be paid for any Company Stock Option, as the case may be) as provided in this Agreement shall be equitably adjusted to effect such change and, as so adjusted, shall from and after the date of such event, be the Merger Consideration or the Option Consideration, as the case may be, subject to further adjustment in accordance with this Section 2.1(c).

Appears in 3 contracts

Samples: Merger Agreement, Merger Agreement (Hexion Specialty Chemicals, Inc.), Merger Agreement (Huntsman International LLC)

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Impact of Stock Splits, Etc. In the event of any change in the number of Common Units or shares of Company Common Stock, or securities convertible or exchangeable into or exercisable for Common Units or shares of Company Common Stock (including Company Stock Options), issued and outstanding between after the date of this Agreement Execution Date and prior to the Effective Time Closing by reason of any stock or unit split, reverse stock or unit split, stock dividendor unit dividend or distribution, subdivision, reclassification, recapitalization, combination, exchange of shares or the like, the Merger Unit Consideration to be paid for each share and shares of Company Common Stock (or Option Class C Consideration to be paid for any Company Stock Option, as the case may be) as provided in this Agreement shall be equitably adjusted to reflect the effect of such change and, as so adjusted, shall from and after the date of such event, be the Merger Unit Consideration or the Option Consideration, as the case may be, and shares of Class C Consideration subject to further adjustment in accordance with this Section 2.1(c)2.2. Nothing in this Section 2.2 shall be construed to permit the Parties to take any action except to the extent consistent with, and not otherwise prohibited by, the terms of this Agreement.

Appears in 2 contracts

Samples: Contribution Agreement (Blackstone Holdings III L.P.), Contribution Agreement (Altus Midstream Co)

Impact of Stock Splits, Etc. In the event of any change in the number of shares of Company Common Stock, or securities convertible or exchangeable into or exercisable for such shares of Company Common Stock (including Company Stock Optionsoptions to purchase such shares), issued and outstanding between the date of this Agreement and the Effective Time by reason of any stock split (including a reverse split), stock dividenddividend or distribution, subdivision, reclassification, recapitalization, combination, merger, issuer tender or exchange of shares offer, or the likeother similar transaction with a record date during such period, the Merger Consideration to be paid for each such share of Company Common Stock (or Option Consideration to be paid for any Company Stock Option, as the case may be) as provided in this Agreement shall be equitably adjusted to effect reflect such change and, as so adjusted, shall from and after the date of such event, event be the Merger Consideration or the Option Consideration, as the case may be, subject to further adjustment in accordance with this Section 2.1(c).

Appears in 2 contracts

Samples: Merger Agreement (Caraco Pharmaceutical Laboratories LTD), Merger Agreement (Caraco Pharmaceutical Laboratories LTD)

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Impact of Stock Splits, Etc. In the event of any change in the number of shares of Company Common Stock, or securities convertible or exchangeable into or exercisable for shares of Company Common Stock (including Company Stock Options), issued and outstanding between the date of this Agreement and the Effective Time by reason of any stock split, stock dividend, subdivision, reclassification, recapitalization, combination, exchange of shares or the like, the Merger Consideration to be paid for each share of Company Common Stock (or Option Consideration to be paid for any Company Stock Option, as the case may be) as provided in this Agreement shall be equitably appropriately adjusted to provide the holders of Company Common Stock the same economic effect as contemplated by this Agreement prior to such change action and, as so adjusted, shall shall, from and after the date of such event, be the Merger Consideration or the Option Consideration, as the case may be, subject to further adjustment in accordance with this Section 2.1(c).

Appears in 1 contract

Samples: Merger Agreement (Huntsman CORP)

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