Common use of Subsequent Adjustment Clause in Contracts

Subsequent Adjustment. All calculations under this Section 11 shall be made to the nearest cent or to the nearest ten-thousandth of a share of Common Stock or one millionth of a share of Preferred Stock as the case may be. Notwithstanding the first sentence of this Section 11(e), any adjustment required by this Section 11 shall be made no later than the earlier of (i) three years from the date of the transaction which mandates such adjustment or (ii) the Expiration Date.

Appears in 2 contracts

Samples: Rights Agreement (Choice Hotels International Inc /De), Rights Agreement (Choice Hotels International Inc /De)

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Subsequent Adjustment. All calculations under this Section 11 shall be made to the nearest cent or to the nearest ten-thousandth of a share of Common Stock or one millionth other share or to the nearest ten- thousandth of a share Fractional Share of Preferred Stock Stock, as the case may be. Notwithstanding the first sentence of this Section 11(e), any adjustment required by this Section 11 shall be made no later than the earlier of (i) three years from the date of the transaction which mandates such adjustment or (ii) the Expiration Date.

Appears in 1 contract

Samples: Rights Agreement (Us Concrete Inc)

Subsequent Adjustment. All calculations under this Section 11 shall be made to the nearest cent or to the nearest ten-thousandth of a share of Common Stock or one millionth other share or to the nearest ten-thousandth of a share Fractional Share of Preferred Stock Stock, as the case may be. Notwithstanding the first sentence of this Section 11(e), any adjustment required by this Section 11 shall be made no later than the earlier of (i) three years from the date of the transaction which mandates such adjustment or (ii) the Expiration Date.

Appears in 1 contract

Samples: Section 382 Rights Agreement (Parker Drilling Co /De/)

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Subsequent Adjustment. All calculations under this Section 11 shall be made to the nearest cent or to the nearest ten-thousandth of a share of Common Stock or one other share or one-millionth of a share of Preferred Stock Stock, as the case may be. Notwithstanding the first sentence of this Section 11(e), any adjustment required by this Section 11 shall be made no later than the earlier of (i) three (3) years from the date of the transaction which mandates such adjustment or (ii) the Expiration Date.

Appears in 1 contract

Samples: Rights Agreement (Medicinova Inc)

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