Common use of Simultaneous Adjustments Clause in Contracts

Simultaneous Adjustments. In the event that Sections 4.05, 4.06 or 4.07 require adjustments to the Conversion Rate under more than one of Section 4.06(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c), second, the provisions of Section 4.06(d), third, the provisions of Section 4.06(a), and fourth, the provisions of Section 4.06(b).

Appears in 2 contracts

Samples: Supplemental Indenture (Masco Corp /De/), Supplemental Indenture (Masco Corp /De/)

AutoNDA by SimpleDocs

Simultaneous Adjustments. In the event that Sections 4.05, 4.06 ------------------------ or 4.07 require adjustments to the Conversion Rate under more than one of Section 4.06(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c), second, the provisions of Section 4.06(d), third, the provisions of Section 4.06(a), and fourth, the provisions of Section 4.06(b).

Appears in 2 contracts

Samples: Eleventh Supplemental Indenture (Horton D R Inc /De/), Horton D R Inc /De/

Simultaneous Adjustments. In the event that Sections 4.053.6, 4.06 3.7 or 4.07 3.8 ------------------------ require adjustments to the Conversion Rate under more than one of Section 4.06(a3.7(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c3.7(c), second, the provisions of Section 4.06(d3.7(d), third, the provisions of Section 4.06(a3.7(a), and fourth, the provisions of Section 4.06(b3.7(b).

Appears in 1 contract

Samples: Third Supplemental Indenture (Electronic Data Systems Corp /De/)

Simultaneous Adjustments. In the event that Sections 4.053.07, 4.06 or 4.07 3.08 and 3.09 require adjustments to the Conversion Rate under more than one of Section 4.06(a3.08(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c3.08(c), second, the provisions of Section 4.06(d3.08(d), third, the provisions of Section 4.06(a3.08(a), and fourth, the provisions of Section 4.06(b3.08(b).

Appears in 1 contract

Samples: Lear Corp /De/

AutoNDA by SimpleDocs

Simultaneous Adjustments. In the event that Sections 4.05, 4.06 or 4.07 require If this Section 4 requires adjustments to the Conversion Rate under more than one of Section 4.06(a4(c), (b4(d), (c4(e) or (d), 4(f) and the Common Stock Record Dates record dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c4(c), second, the provisions of Section 4.06(d4(e), third, the provisions of Section 4.06(a), 4(d) and fourth, to the extent applicable, the provisions of Section 4.06(b4(f).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Amtec Inc)

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