ADJUSTMENT FOR. [PREFERRED] [COMMON] STOCK ISSUE. If the Company issues shares of [Preferred] [Common] Stock for a consideration per share less than the current market price per share on the date the Company fixes the offering price of such additional shares, the conversion price shall be adjusted in accordance with the formula: O + P --- C' = C x M ------- A
Appears in 2 contracts
Sources: Indenture (Del Webb Corp), Indenture (Del Webb Corp)
ADJUSTMENT FOR. [PREFERRED] [COMMON] STOCK ISSUE. If the Company issues shares of [Preferred] [Common] Stock for a consideration per share less than the current market price per share on the date the Company fixes the offering price of such additional shares, the conversion price shall be adjusted in accordance with the formula: O + P --- -- C' = C x M ------- A----- A where:
Appears in 1 contract
Sources: Indenture (Del Webb Corp)