Common use of Reduction in Amount of Offered Securities Clause in Contracts

Reduction in Amount of Offered Securities. In the event the Company shall propose to sell less than all the Offered Securities (any such sa1e to be in the manner and on the terms specified in Section 8.03(a) above), then each Offeree shall be obligated to reduce the number of shares or other units of Offered Securities specified in its respective Notice of Acceptance to an amount which shall be not less than the amount of the Offered Securities which such Offeree elected to purchase pursuant Section 8.02 multiplied by a fraction, (i) the numerator of which shall be the amount of Offered Securities which the Company actually proposes to sell, and (ii) the denominator of which shall be the amount of all Offered Securities In the event that any Offeree reduces the number or amount of Offered Securities

Reduction in Amount of Offered Securities. In the event the Company shall propose to sell less than all of the Offered Refused Securities (any such sa1e sale to be in the manner and on the terms specified in Section 8.03(a6.03(a) above), then each Offeree Purchaser shall be obligated to reduce the number of shares or other units of the Offered Securities specified in its respective Notice Notices of Acceptance to an amount which shall be not less than the amount of the Offered Securities which such Offeree the Purchaser elected to purchase pursuant to Section 8.02 6.02 multiplied by a fraction, (i) the numerator of which shall be the amount of Offered Securities which the Company actually proposes to sell, and (ii) the denominator of which shall be the amount of all Offered Securities Securities. In the event that any Offeree reduces the number or amount of Offered Securitiesany

Reduction in Amount of Offered Securities. In the event the Company shall propose to sell less than all the Offered Refused Securities (any such sa1e sale to be in the manner and on the terms specified in Section 8.03(a6.3(a) above), then each Offeree shall be obligated to the Purchaser may, at that Purchaser's sole option and in that Purchaser's sole discretion, reduce the number of shares of, or other units of the Offered Securities specified in its respective Notice of Acceptance to an amount which that shall be not less than the amount of the Offered Securities which that such Offeree Purchaser elected to purchase pursuant to Section 8.02 6.2 multiplied by a fraction, (i) the numerator of which shall be the amount of Offered Securities which the Company actually proposes to sell, and (ii) the denominator of which shall be the amount of all Offered Securities In the event that any Offeree reduces the number or amount of Offered Securities.

Reduction in Amount of Offered Securities. In the event the Company shall propose to sell less than all of the Offered Refused Securities (any such sa1e sale to be in the manner and on the terms specified in Section 8.03(a6.03(a) above), then each Offeree Purchaser shall be obligated to reduce the number of shares or other units of the Offered Securities specified in its respective Notice Notices of Acceptance to an amount which shall be not less than the amount of the Offered Securities which such Offeree the Purchaser elected to purchase pursuant to Section 8.02 6.02 multiplied by a fraction, (i) the numerator of which shall be the amount of Offered Securities which the Company actually proposes to sell, and (ii) the denominator of which shall be the amount of all Offered Securities In the event that any Offeree reduces the number or amount of Offered Securitiesthe