Common use of When No Adjustment Required Clause in Contracts

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d) or (e) of this Section 10 if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 7 contracts

Samples: Warrant Agreement (Colorado Wyoming Reserve Co), Warrant Agreement (Colorado Wyoming Reserve Co), Warrant Agreement (Moore James E Revocable Trust)

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When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d) or (ec) of this Section 10 if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 3 contracts

Samples: Recapitalization Agreement (Global Crossing LTD), Recapitalization Agreement (Singapore Technologies Telemedia Pte LTD), Warrant Agreement (MRV Communications Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (aSection 6.01(a), (b), or (c)) hereof, (d) or (e) of this Section 10 if Warrant holders Holders are to participate (without being required to exercise their Warrants) in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for , or (ii) a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 2 contracts

Samples: Warrant Agreement (Goodrich Petroleum Corp), Warrant Agreement (Goodrich Petroleum Corp)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (dSection 8(a) or (ef) of this Section 10 hereof, if Warrant holders are the Holder is to participate (without being required to exercise its Warrants) in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Preferred Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Common Preferred Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for interest or (ii) a change in the par value or no par value of the Common Preferred Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Class B Warrant Agreement (Osullivan Industries Holdings Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (aSection 11(a), (b), (c), (d), (e) or (er) of this Section 10 hereof, if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for interest or (ii) a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Interamericas Communications Corp)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d) or (e) of this Section 10 if Warrant holders Holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Bio Rad Laboratories Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d) or (e) of this Section 10 if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Club Regina Resorts Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a)Section 8(a) hereof, (b), (c), (d) or (e) of this Section 10 if Warrant holders are to participate (without being required to exercise their Warrants) in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Preferred Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Common Preferred Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for interest or (ii) a change in the par value or no par value of the Common Preferred Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Osullivan Industries Holdings Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d) or (e) of this Section 10 13 if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan any of the Company's plans for reinvestment of dividends or interest. No adjustment need be made for a change in the par value, or from par value to no par value, or from no par value to par value, of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Uih Australia Pacific Inc)

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When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), or (c), (d) or (e) of this Section 10 9 if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Odwalla Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (aSections 11(a), (b), (c), (d) or (e) of this Section 10 hereof, if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for (i) rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for interest or (ii) a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (MRS Fields Holding Co Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections subsection (a), (b), (c), (d) or (e) of this Section 10 11 if Warrant holders are to participate in the transaction on a basis and with notice that the board of directors of the Company (the "Board of Directors Directors") determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (JCC Holding Co)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections Subsections (a), (b), (c), (d) or (e) of this Section 10 11 if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (Pca International Inc)

When No Adjustment Required. No adjustment need be made for a transaction referred to in subsections (a), (b), (c), (d) or (e) of this Section 10 11 if Warrant holders are to participate in the transaction on a basis and with notice that the Board of Directors determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock participate in the transaction. No adjustment need be made for rights to purchase Common Stock pursuant to a Company plan for reinvestment of dividends or interest. No adjustment need be made for a change in the par value or no par value of the Common Stock. To the extent the Warrants become convertible into cash, no adjustment need be made thereafter as to the cash. Interest will not accrue on the cash.

Appears in 1 contract

Samples: Warrant Agreement (St Mary Land & Exploration Co)

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