Common use of Adjustment for Tax Purposes Clause in Contracts

Adjustment for Tax Purposes. Parent shall be entitled to make such reductions in the Conversion Price, in addition to those required by Section 5.06, as it in its discretion shall determine to be advisable in order that any stock dividends, subdivisions of shares, distributions of rights to purchase stock or securities or distributions of securities convertible into or exchangeable for stock hereafter made by Parent to its stockholders shall not be taxable.

Adjustment for Tax Purposes. The Parent shall be entitled to make such reductions in the Conversion Price, in addition to those required by Section 5.0610.05, as it the Parent’s Board of Directors in its discretion shall determine to be advisable in order that any stock dividends, subdivisions of shares, distributions of rights to purchase stock or securities other securities, or distributions of securities convertible into or exchangeable for stock hereafter made by the Parent to its stockholders holders of Common Stock shall not be taxabletaxable to such holders.

Adjustment for Tax Purposes. Parent shall be entitled to make such reductions in the Conversion Exchange Price, in addition to those required by this Section 5.065(h), as it in its discretion shall determine to be advisable in order that any stock dividends, subdivisions of shares, distributions of rights to purchase stock or securities Second Exchangeable Debenture or distributions of securities Second Exchangeable Debenture convertible into or exchangeable for stock hereafter made by Parent to its stockholders shall not be taxable.

Adjustment for Tax Purposes. Parent shall be entitled to make such reductions in the Conversion Exchange Price, in addition to those required by this Section 5.065(h), as it in its discretion shall determine to be advisable in order that any stock dividends, subdivisions of shares, distributions of rights to purchase stock or securities Exchangeable Debenture or distributions of securities Exchangeable Debenture convertible into or exchangeable for stock hereafter made by Parent to its stockholders shall not be taxable.

Adjustment for Tax Purposes. Parent shall be entitled to make such reductions in the Conversion Price, in addition to those required by Section 5.06, as it in its discretion shall determine to be advisable in order that any stock dividends, subdivisions of shares, distributions of rights to purchase stock or securities or distributions of securities convertible into or exchangeable for stock hereafter made by Parent to its stockholders shareholders shall not be taxable.