Common use of Reduction in Purchase Price Clause in Contracts

Reduction in Purchase Price. Anything in this Section 11 to the contrary notwithstanding, the Company shall be entitled to make such reductions in the Purchase Price, in addition to those adjustments expressly required by this Section 11, as and to the extent that it in its sole discretion shall determine to be advisable in order that any consolidation or subdivision of the Common Shares, issuance wholly for cash of any of the Common Shares at less than the current market price, issuance wholly for cash of Common Shares or securities which by their terms are convertible into or exchangeable for Common Shares, stock dividends or issuance of rights, options or warrants referred to hereinabove in this Section 11, hereafter made by the Company to holders of its Common Shares shall not be taxable to such stockholders.

Reduction in Purchase Price. Anything in this Section 11 to the contrary notwithstanding, the Company shall be entitled to make such reductions in the Purchase Price, in addition to those adjustments expressly required by this Section 11, as and to the extent that it in its sole discretion shall determine to be advisable in order that any consolidation or subdivision of the Common Shares, issuance wholly for cash of any of the Common Shares at less than the current market price, issuance wholly for cash of Common Shares or securities which by their terms are convertible into or exchangeable for Common Shares, stock dividends or issuance of rights, options or warrants referred to hereinabove in this Section 11, hereafter made by the Company to holders of its Common Shares shall not be taxable to such stockholdersshareholders.

Reduction in Purchase Price. Anything in this Section 11 to the contrary notwithstanding, the Company shall be entitled to make such reductions in the Purchase Price, in addition to those adjustments expressly required by this Section 11, as and to the extent that it in its sole discretion their good faith judgment the Board shall determine to be advisable in order that any consolidation or subdivision of the Common Ordinary Shares, issuance wholly for cash of any of the Common Ordinary Shares at less than the current market price, issuance wholly for cash of Common Ordinary Shares or securities which by their terms are convertible into or exchangeable for Common Ordinary Shares, stock dividends of shares or issuance of rights, options or warrants referred to hereinabove in this Section 11, 11 hereafter made by the Company to holders of its Common Ordinary Shares shall not be taxable to such stockholdersshareholders.

Reduction in Purchase Price. Anything in this Section 11 to the contrary notwithstanding, the Company shall be entitled to make such reductions in the Purchase Price, in addition to those adjustments expressly required by this Section 11, as and to the extent that it in its sole discretion shall determine to be advisable in order that any consolidation combination or subdivision of the Common SharesPreferred Stock, issuance wholly for cash of any of the Common Shares Preferred Stock at less than the current market priceCurrent Market Price, issuance wholly for cash of Common Shares Preferred Stock or securities which by their terms are convertible into or exchangeable or exercisable for Common SharesPreferred Stock, stock dividends or issuance of rights, options or warrants referred to hereinabove in this Section 11, hereafter made by the Company to holders of its Common Shares Preferred Stock, shall not be taxable to such stockholders.