When No Adjustment Required. No adjustment need be made for a transaction referred to in subsection (a), (b), (c), (d) or (e) of this Section 7 if Warrant holders are permitted to participate in the transaction (without being required to exercise their Warrants in order to do so) on a basis and with notice that the Board of Directors of the Company 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 12 contracts
Samples: Warrant Agreement (Cbre Holding Inc), Warrant Agreement (Blum Capital Partners Lp), Warrant Agreement (Cbre Holding Inc)
When No Adjustment Required. No With respect to Warrants of any holder, no adjustment need be made for a transaction referred to in subsection (aSection 8(a), (b), (c), (d), (e) or (ef) of this Section 7 hereof, if Warrant holders are permitted such holder is to participate in the transaction (without being required to exercise their Warrants its Warrants) in order to do so) the transaction on a basis and with notice that the Board of Directors of the Company 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 4 contracts
Samples: Warrant Agreement (Atlantic Paratrans of Arizona, Inc.), Warrant Agreement (Grande Communications Holdings, Inc.), Warrant Agreement (Barneys New York Inc)
When No Adjustment Required. No adjustment need be made for a transaction referred to in subsection subsections (a), (b), (c), (d) or (e) of this Section 7 13 if Warrant holders are permitted to participate in the transaction (without being required to exercise their Warrants in order to do so) on a basis and with notice that the Board of Directors of the Company 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 purchased at the fair market value thereof (determined in good faith by the Board of Directors of the Company) 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 3 contracts
Samples: Warrant Agreement (NTL Inc /De/), Warrant Agreement (NTL Inc /De/), Warrant Agreement (NTL Inc /De/)
When No Adjustment Required. No adjustment need be made for a transaction referred to in subsection (aSection 6.01(a), (b), (c), (d) Error! Reference source not found. or (e) of this Section 7 Error! Reference source not found. hereof, if Warrant holders Holders are permitted to participate in the transaction (without being required to exercise their Warrants Warrants) in order to do so) the transaction on a basis and with notice that the Board of Directors of the Company 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.
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When No Adjustment Required. No With respect to Warrants of any holder, no adjustment need be made for a transaction referred to in subsection (aSection 7(a), (b(b), (c(c), (d(d) or (e(e) of this Section 7 hereof, if Warrant holders are permitted such holder is to participate in the transaction (without being required to exercise their Warrants its Warrants) in order to do so) the transaction on a basis and with notice that the Board of Directors of the Company determines to be fair and appropriate in light of the basis and notice on which holders of Common Stock Ordinary Shares participate in the transaction. No adjustment need be made for (i) rights to purchase Common Stock Ordinary Shares 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 StockOrdinary Shares. 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.
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