Common use of When Adjustments Not Required Clause in Contracts

When Adjustments Not Required. If the Company shall fix a record date for the purpose of determining the holders of its Common Stock entitled to receive a dividend or distribution and shall, thereafter and before the distribution to stockholders thereof, legally abandon its plan to pay or deliver such dividend or distribution, 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be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.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 3 contracts

Samples: Merchandising License Agreement (Iconic Brands, Inc.), Vcampus Corp, Hyperion Telecommunications Inc

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When Adjustments Not Required. If the Company shall fix a record date for the purpose of determining the holders of its Class B Common Stock entitled to receive a dividend or distribution and shall, thereafter and before the distribution to stockholders thereof, legally abandon its plan to pay or deliver such dividend or distribution, 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be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.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 (1 800 Flowers Com Inc), 1 800 Flowers Com Inc

When Adjustments Not Required. If the Company shall fix a record date for the purpose of determining the holders of its Common Stock entitled to receive a dividend or distribution hereof and shall, thereafter and before the distribution to stockholders thereof, legally abandon its plan to pay or deliver such dividend or distribution, 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be required by reason of the taking of such record and any such adjustment previously made in respect thereof shall be rescinded and annulled.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 Purchase Agreement (Storage Usa Inc), Storage Usa Inc

When Adjustments Not Required. If the Company shall fix a record ----------------------------- date for the purpose of determining the holders of its Common Stock entitled to receive a dividend or distribution and shall, thereafter and before the distribution to stockholders thereof, legally abandon its plan to pay or deliver such dividend or distribution, 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: Mastech Corp, Iterated Systems Inc

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When Adjustments Not Required. If the Company shall fix a record date for the purpose of determining the holders of its Common Stock entitled to receive a dividend or distribution and shall, thereafter and before the distribution to stockholders thereof, thereof legally abandon its plan to pay or deliver such dividend or distribution, distribution 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: Infoseek Corp /De/, Walt Disney Co/

When Adjustments Not Required. If the Company shall fix a record date ----------------------------- for the purpose of determining the holders of its Common Series C Preferred Stock entitled to receive a dividend or distribution and shall, thereafter and before the distribution to stockholders thereof, legally abandon its plan to pay or deliver such dividend or distribution, 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 1 contract

Samples: Genesys Telecommunications Laboratories Inc

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