Common use of Limitation on Effecting Transactions Resulting in Certain Adjustments Clause in Contracts

Limitation on Effecting Transactions Resulting in Certain Adjustments. The Company and the Guarantor will not engage in or be a party to any transaction or event that would require the Exchange Rate to be adjusted pursuant to Section 5.05(A) or Section 5.07 to an amount that would result in the Exchange Price per share of Common Stock being less than the par value per share of Common Stock.

Appears in 2 contracts

Samples: Indenture (Rexford Industrial Realty, Inc.), Indenture (Rexford Industrial Realty, Inc.)

AutoNDA by SimpleDocs

Limitation on Effecting Transactions Resulting in Certain Adjustments. The Neither the Parent Guarantor nor the Company and the Guarantor will not engage in or be a party to any transaction or event that would require the Exchange Rate to be adjusted pursuant to Section 5.05(A) or Section 5.07 to an amount that would result in the Exchange Price per share of Common Stock being less than the par value per share of Common Stock.

Appears in 2 contracts

Samples: First Supplemental Indenture (Centennial Resource Development, Inc.), Realogy Group LLC

AutoNDA by SimpleDocs

Limitation on Effecting Transactions Resulting in Certain Adjustments. The Company and the Guarantor will not engage in or be a party to any transaction or event that would require the Exchange Rate to be adjusted pursuant to Section 5.05(A) or Section 5.07 to an amount that would result in the Exchange Price per share of Common Stock Ordinary Share being less than the par value per share of Common StockOrdinary Share.

Appears in 1 contract

Samples: Indenture (Spotify Technology S.A.)

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