Common use of Accountants' Certificate as to Adjustments Clause in Contracts

Accountants' Certificate as to Adjustments. In each case of an adjustment in the number of Common Shares or other shares, securities or property receivable on the exercise of this Right, at the request of the Holder of this Right the Company at its expense shall promptly cause independent public accountants of recognized standing, selected by the Company, to compute such adjustment in accordance with the terms of this Right and prepare a certificate setting forth such adjustment and showing in detail the facts upon which such adjustment is based, including a statement of (a) the consideration received or to be received by the Company for any additional shares issued or sold or deemed to have been issued or sold, (b) the number of Common Shares outstanding or deemed to be outstanding and (c) the Pro Forma Adjusted Trigger

Appears in 4 contracts

Samples: Lasalle Hotel Properties, Lasalle Hotel Properties, Lasalle Hotel Properties

AutoNDA by SimpleDocs

Accountants' Certificate as to Adjustments. In each case of an adjustment in the number of shares of Common Shares Stock or other sharesstock, securities or property receivable on the exercise of this RightWarrant, at the request of the Holder of this Right Warrant the Company at its expense shall promptly cause independent public accountants of recognized standing, selected by the Company, to compute such adjustment in accordance with the terms of this Right Warrant and prepare a certificate setting forth such adjustment and showing in detail the facts upon which such adjustment is based, including a statement of (a) the consideration received or to be received by the Company for any additional shares issued or sold or deemed to have been issued or sold, (b) the number of shares of Common Shares Stock outstanding or deemed to be outstanding and (c) the Pro Forma Adjusted Trigger

Appears in 2 contracts

Samples: Unit Purchase Agreement (Logimetrics Inc), Purchase Agreement (Logimetrics Inc)

AutoNDA by SimpleDocs

Accountants' Certificate as to Adjustments. In each case of an adjustment in the number of Common Shares Shares, Units or other shares, securities or property receivable on the exercise of this Right, at the request of the Holder of this Right the Company at its expense shall promptly cause independent public accountants of recognized standing, selected by the Company, to compute such adjustment in accordance with the terms of this Right and prepare a certificate setting forth such adjustment and showing in detail the facts upon which such adjustment is based, including a statement of (a) the consideration received or to be received by the Company for any additional shares issued or sold or deemed to have been issued or sold, (b) the number of Common Shares outstanding or deemed to be outstanding and (c) the Pro Forma Adjusted Trigger

Appears in 1 contract

Samples: Lasalle Hotel Properties

Time is Money Join Law Insider Premium to draft better contracts faster.