Issuance; Adjustment Sample Clauses

Issuance; Adjustment. (i) The Partnership shall issue 18,114,975 Class E Units to the Company on the Class E Unit Issuance Date as contemplated by the Series AC Contribution Agreement; provided, however, that, subject to paragraph (ii) of this Section 4.17(d), if the aggregate Series AC EBITDA attributable to calendar years 2015 and 2016 (the “Series AC Aggregate EBITDA”) is less than $265.9 million, then 1,305,142 of the Class E Units (the “
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Issuance; Adjustment. If Overseas issues, within one (1) year after the Effective Date, any Overseas Stock for a per share consideration that is less than the effective per share consideration of the Overseas Stock provided to xxxxxxxxx.xxx pursuant to Section 5(b)(i) as determined by dividing the number of shares of Overseas Stock already issued to xxxxxxxxx.xxx into the fee set forth in the Payment Alternative (the "Effective Per Share Consideration") (such transaction being referred to as a "New Issuance"), then Overseas shall issue to xxxxxxxxx.xxx, on the date of the New Issuance, such number of additional shares of Overseas Stock as are necessary so that the Effective Per Share Consideration, after taking into account the new shares issued to xxxxxxxxx.xxx pursuant to this section and any stock splits, shall be equal to the per share consideration paid to Overseas in the New Issuance. Notwithstanding the foregoing, the provisions of this Paragraph 5(b)(ii) shall not apply to normal course employee stock options and other issuances of Overseas stock, all of less than one (1%) percent, cumulatively, of Overseas issued and outstanding stock immediately following the Transaction.
Sample 1
Issuance; Adjustment. If the trading price of the Common Stock on the Over the Counter Bulletin Board closes at or below $.12 for any three consecutive trading days before (or including) December 31, 2007, additional Units shall be issued by the Company to the Purchasers such that the number of Units issued and sold to the Purchasers hereunder shall be adjusted to equal an Offering Price of $0.12
Sample 1

Related to Issuance; Adjustment

  • Conversion Price Adjustment In the event the Company, shall, at any time following the issuance of the Series A-1 Preference Shares, issue additional Common Shares in a financing transaction the sole purpose of which is to raise capital, at a price per share less than the Conversion Price then in effect, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration paid for such additional Common Shares.

  • Conversion Price Adjustments The conversion price shall be subject to adjustment (without duplication) from time to time as follows:

  • Adjustment of Conversion Rate The Conversion Rate shall be adjusted from time to time by the Company if any of the following events occurs, except that the Company shall not make any adjustments to the Conversion Rate if Holders of the Notes participate (other than in the case of (x) a share split or share combination or (y) a tender or exchange offer), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 14.04, without having to convert their Notes, as if they held a number of shares of Common Stock equal to the Conversion Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

  • Adjustment of Conversion Price The Conversion Price shall be subject to adjustment from time to time as follows:

  • No Adjustment of Conversion Price No adjustment in the Conversion Price of a particular series of Preferred Stock shall be made in respect of the issuance of Additional Shares of Common unless the consideration per share (as determined pursuant to paragraph 4(d)(v)) for an Additional Share of Common issued or deemed to be issued by the Corporation is less than the Conversion Price in effect on the date of, and immediately prior to such issue, for such series of Preferred Stock.

  • Minimum Adjustment The adjustments required by the preceding sections of this Article IV shall be made whenever and as often as any specified event requiring an adjustment shall occur, except that no adjustment of the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants that would otherwise be required shall be made unless and until such adjustment either by itself or with other adjustments not previously made increases or decreases by at least 1% the Exercise Price or the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to the making of such adjustment. Any adjustment representing a change of less than such minimum amount shall be carried forward and made as soon as such adjustment, together with other adjustments required by this Article IV and not previously made, would result in a minimum adjustment. For the purpose of any adjustment, any specified event shall be deemed to have occurred at the close of business on the date of its occurrence. In computing adjustments under this Article IV, fractional interests in Common Stock shall be taken into account to the nearest one-hundredth of a share.

  • Conversion Price The conversion price in effect on any Conversion Date shall be equal to $0.03, subject to adjustment herein (the “Conversion Price”).

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • Price Adjustment Civil works contracts of long duration (more than 18 months) shall contain an appropriate price adjustment clause.

  • PREMIUM ADJUSTMENT If THE COMPANY overpays a reinsurance premium and THE REINSURER accepts the overpayment, THE REINSURER’s acceptance will not constitute or create a reinsurance liability or increase in any existing reinsurance liability. Instead, THE REINSURER will be liable to THE COMPANY for a credit in the amount of the overpayment. If a reinsured policy terminates, THE REINSURER will refund the excess reinsurance premium. This refund will be on a prorated basis without interest from the date of termination of the policy to the date to which a reinsurance premium has been paid.

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