Statement Regarding Adjustments. Whenever the Conversion Price or the Conversion Rate shall be adjusted as provided in this Section 11, the Corporation shall forthwith file at the principal office of the Corporation a statement showing in reasonable detail the facts requiring such adjustment and the Conversion Price that shall be in effect and the Conversion Rate after such adjustment, and the Corporation shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Designated Preferred Stock at the address appearing in the Corporation’s records.
Appears in 6 contracts
Samples: Exchange Agreement (Sterling Financial Corp /Wa/), Exchange Agreement, Exchange Agreement
Statement Regarding Adjustments. Whenever the Conversion Price or the Conversion Rate shall be adjusted as provided in this Section 117(c), the Corporation shall forthwith file file, at the principal office of the Corporation Corporation, a statement showing in reasonable detail the facts requiring such adjustment and the Conversion Price that shall be in effect and the Conversion Rate after such adjustment, adjustment and the Corporation shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Designated shares of Series B Preferred Stock at the address appearing in the Corporation’s 's records.
Appears in 3 contracts
Samples: Preferred Stock and Warrant Purchase Agreement (Avaya Inc), Securities Purchase Agreement (Proxim Corp), Securities Purchase Agreement (Proxim Corp)
Statement Regarding Adjustments. Whenever the Mandatory Conversion Price or the Conversion Rate shall be adjusted as provided in this Section 117(c), the Corporation shall forthwith file at the principal office of the Corporation a statement showing in reasonable detail the facts requiring such adjustment and the Mandatory Conversion Price that shall be in effect and the Conversion Rate after such adjustment, and the Corporation shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Designated Series A Preferred Stock at the address appearing in the Corporation’s records.
Appears in 1 contract
Samples: Investment Agreement (Mbia Inc)
Statement Regarding Adjustments. Whenever the Conversion Price or the Conversion Rate shall be adjusted as provided in this Section 117(c), the Corporation shall forthwith file file, at the principal office of the Corporation Corporation, a statement showing in reasonable detail the facts requiring such adjustment and the Conversion Price that shall be in effect and the Conversion Rate after such adjustment, adjustment and the Corporation shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Designated shares of Series A Preferred Stock at the address appearing in the Corporation’s 's records.
Appears in 1 contract
