Common use of Method of Adjustment Clause in Contracts

Method of Adjustment. Calculation Agent Adjustment; provided that, Section 11.2(e)(iii) of the Equity Definitions shall be deleted. Extraordinary Dividend: Any dividend or distribution on the Shares which has an ex-dividend date occurring on any day following the Trade Date (other than (i) any dividend or distribution of the type described in Section 11.2(e)(i) or Section 11.2(e)(ii)(A) of the Equity Definitions or (ii) a regular, quarterly cash dividend in an amount per Share equal to or less than the Forward Price Reduction Amount corresponding to the relevant quarter that has an ex-dividend date no earlier than the Forward Price Reduction Date corresponding to the relevant quarter).

Appears in 8 contracts

Samples: Underwriting Agreement (Consolidated Edison Inc), Consolidated Edison Inc, Consolidated Edison Co of New York Inc

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