Common use of When Adjustment Not Required Clause in Contracts

When Adjustment Not Required. If the Company shall establish a record date for the determination of the holders of record of the Common Stock for the purpose of entitling such holders to receive a dividend payable in Common Stock and shall, thereafter and before the distribution to shareholders thereof, legally abandon its plan to pay or deliver such dividend, then no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company shall establish a record date for the determination of the holders Holders of record of the Common Stock for the purpose of entitling such holders them to receive a dividend payable in Common Stock or distribution or subscription or purchase rights and shall, thereafter and before the distribution to shareholders stockholders thereof, legally abandon its plan to pay or deliver such dividend, distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company shall establish a record date for the determination of the holders of record of the Common Stock for the purpose of entitling such holders to receive a dividend payable in Common Stock and shall, thereafter and before the distribution to shareholders stockholders thereof, legally abandon its plan to pay or deliver such dividend, then no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company shall establish fix a record date for the determination of the holders of record of the its Common Stock for the purpose of entitling such holders them to receive a dividend payable in Common Stock and or distribution or other right to which the provisions of Section 3.1 would apply, but shall, thereafter and before the distribution to shareholders stockholders thereof, legally abandon its plan to pay or deliver such dividend, distribution, or rights, then thereafter no adjustment shall be required by reason of the establishment taking of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company shall establish a record date for the determination of the holders of record of the Voting Common Stock for the purpose of entitling such holders to receive a dividend payable in Voting Common Stock and shall, thereafter and before the distribution to shareholders stockholders thereof, legally abandon its plan to pay or deliver such dividend, then no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company shall establish establishes a record date for the determination of the holders of record of the Common Stock for the purpose of entitling such holders to receive a dividend or distribution payable in Common Stock and shall, thereafter and before the distribution to shareholders thereof, legally abandon abandons its plan to pay or deliver such dividenddividend or distribution, then no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company company shall establish a record date for the determination of the holders of record of the Common Stock stock for the purpose of entitling such holders them to receive a dividend payable in Common Stock or distribution or subscription or purchase rights, and shall, thereafter and before the distribution to shareholders stockholders thereof, ; legally abandon its plan to pay or deliver such dividend, distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof hereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company shall establish a record date for the determination of the holders of record of the Common Stock for the purpose of entitling such holders of its Common Stock to receive a dividend payable in Common Stock or distribution or subscription or purchase rights and shall, thereafter and before the distribution to shareholders stockholders thereof, legally abandon its plan to pay or deliver such dividend, distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.

When Adjustment Not Required. If the Company shall establish a record date for the determination of the holders of record of the Common Stock for the purpose of entitling such holders them to receive a dividend payable in Common Stock or distribution or subscription or purchase rights and shall, thereafter and before the distribution to shareholders stockholders thereof, legally abandon its plan to pay or deliver such dividend, distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the establishment of such record date and any such adjustment previously made in respect thereof shall be rescinded and annulled.