Examples of Adjustment Transaction in a sentence
Such notice shall be mailed at least thirty (30) days prior to the date upon which it is proposed that such action take place and twenty (20) days prior to any record date to determine holders of Common Stock entitled to receive the benefit of such Adjustment Transaction.
If the holder of this Warrant disputes the adjustment of the Exercise Price made by the Company and the parties cannot otherwise resolve the dispute promptly and in good faith, then the Company shall appoint a firm of independent public accountants of recognized national standing (which may be the regular auditors of the Company), which shall give their opinion as to the adjustment, if any, to be made to the Exercise Price as the result of the relevant Adjustment Transaction.
The issuance of additional capital stock, securities which are convertible to the Company's capital stock (including but not limited to warrants and convertible notes) or the issuance of capital stock upon conversion of any such convertible securities shall not constitute an Adjustment Transaction.
Adjustment Transaction If the adjustment results in an increase to a Member’s Activity-Based Stock Requirement, the Bank shall (i) Issue sufficient additional shares of Subclass B2 Capital Stock so that the Member meets its Activity-Based Stock Requirement; and (ii) debit the Member’s Daily Investment Account in the amount of the par value of the additional shares of Subclass B2 Capital Stock Issued.
The Conversion Price shall be proportionately adjusted upon a reorganization, reclassification, which substantially affects the Company's entire capital stock, or a stock split or similar transaction (an "Adjustment Transaction").