When Adjustment Not Required. If the Company takes a record of holders of its Shares for the purpose of entitling them to receive a distribution or subscription or purchase rights and, thereafter and before the distribution to holders thereof, legally abandons its plan to pay or deliver such distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.
Appears in 7 contracts
Samples: Warrant Agreement (Osage Exploration & Development Inc), Warrant Agreement (ABC Funding, Inc), Warrant Agreement (Deep Down, Inc.)
When Adjustment Not Required. If the Company takes shall take a record of the holders of its Shares Common Stock or Preferred Stock for the purpose of entitling them to receive a distribution or subscription or purchase rights andand shall, thereafter and before the distribution to holders stockholders thereof, legally abandons abandon its plan to pay or deliver such distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.
Appears in 2 contracts
Samples: Investment Agreement (Cd&r Investment Associates Ii Inc), Common Stock Purchase Warrant (Relocation Management Systems Inc)
When Adjustment Not Required. If the Company takes shall take a record of the holders of its Common Shares for the purpose of entitling them to receive a dividend or distribution or subscription or purchase rights and, and shall thereafter and before the distribution to holders thereof, shareholders thereof legally abandons abandon its plan to pay or deliver such dividend, distribution, subscription or purchase rights, then thereafter then, thereafter, no adjustment shall be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Idt Venture Capital Corp), Common Stock Purchase Warrant (Document Security Systems Inc)
When Adjustment Not Required. If the Company takes a record of holders of its Shares stockholders for the purpose of entitling them to receive a distribution or subscription or purchase rights and, thereafter and before the distribution to holders thereof, legally abandons its plan to pay or deliver such distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.
Appears in 2 contracts
Samples: Warrant Agreement (Basil Street Cafe, Inc.), Warrant Agreement (Basil Street Cafe, Inc.)
When Adjustment Not Required. If the Company takes shall take a record of the holders of its Shares Common Stock for the purpose of entitling them to receive a distribution or subscription or purchase rights andand shall, thereafter and before the distribution to holders shareholders thereof, legally abandons abandon its plan to pay or deliver such distribution, subscription or purchase rights, then thereafter no adjustment shall be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.
Appears in 2 contracts
Samples: Recapitalization Agreement (CDR Cookie Acquisition LLC), Stock Purchase Agreement (Fidelity National Financial Inc /De/)
When Adjustment Not Required. If the Company takes shall take a record of the holders of its Ordinary Shares for the purpose of entitling them to receive a dividend or distribution or subscription or purchase rights andand shall, thereafter and before the distribution to holders stockholders thereof, legally abandons 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 taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.
Appears in 2 contracts
Samples: Warrant Agreement (Ge Capital Equity Investments Inc), Warrant Agreement (Ge Capital Equity Investments Inc)
