Common use of Statement Regarding Adjustments Clause in Contracts

Statement Regarding Adjustments. Whenever the Conversion Price is adjusted as provided in Section 5(e), the Corporation will file, at the office of any transfer agent for the Series A Preferred Stock and at the principal office of the Corporation, a statement showing in detail the facts requiring such adjustment and the Conversion Price in effect after such adjustment, and the Corporation will also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of shares of Series A Preferred Stock at such holders address appearing on the Corporation's records. Each such statement will be signed by the Corporation's independent public accountants, if applicable. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 5(g).

Appears in 2 contracts

Samples: Merger Agreement (Illinova Corp), Merger Agreement (Dynegy Inc)

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Statement Regarding Adjustments. Whenever the Conversion Price is shall be adjusted as provided in Section 5(e7(d), the Corporation will Company shall forthwith file, at the office of any transfer agent for the Series A such Preferred Stock and at the principal office of the CorporationCompany, a statement showing in detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, and the Corporation will Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of shares of Series A Preferred Stock at such holders the address appearing on the CorporationCompany's records. Each such statement will shall be signed by the CorporationCompany's independent public accountants, if applicable. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 5(g7(f).

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Pillowtex Corp)

Statement Regarding Adjustments. Whenever the Floor or Conversion Price is shall be adjusted as provided in Section 5(e)subparagraph 8 (A) , the Corporation will Company shall forthwith file, at the office of any transfer agent for the Series A Preferred its Common Stock and at the principal office of the CorporationCompany, a statement showing in detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, and the Corporation will Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of shares of Series A Preferred Stock the Holder at such holders its address appearing on the CorporationCompany's records. Each such statement will shall be signed by the CorporationCompany's independent public accountants, if applicable. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 5(gsubparagraph (8)(C).

Appears in 1 contract

Samples: Securities Purchase Agreement (Remote MDX Inc)

Statement Regarding Adjustments. Whenever the Conversion Price is shall be adjusted as provided in Section 5(esubparagraph 3(g), the Corporation will Company shall forthwith file, at the office of any transfer agent for the Series A Preferred Stock and at the principal office of the CorporationCompany, a statement showing in detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, and the Corporation will Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of shares of Series A Preferred Stock at such holders its address appearing on the CorporationCompany's records. Each such statement will shall be signed by the CorporationCompany's independent public accountants, if applicable. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 5(gsubparagraph 3(j).

Appears in 1 contract

Samples: Securities Purchase Agreement (Stan Lee Media Inc)

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Statement Regarding Adjustments. Whenever the Conversion Price is shall be adjusted as provided in Section 5(e)subparagraph 8 (A) , the Corporation will shall forthwith file, at the office of any transfer agent for the Series A Preferred its Common Stock and at the principal office of the Corporation, a statement showing in detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, and the Corporation will shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of shares of Series A Preferred Stock the Holder at such holders its address appearing on the Corporation's records. Each such statement will shall be signed by the Corporation's independent public accountants, if applicable. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 5(gsubparagraph (8)(C).

Appears in 1 contract

Samples: Securities Purchase Agreement (Remote MDX Inc)

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