Common use of Adjustment of Exchange Ratio Clause in Contracts

Adjustment of Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Ciena Corp), Agreement and Plan of Merger (Tellabs Inc), Agreement and Plan of Merger (True North Communications Inc)

AutoNDA by SimpleDocs

Adjustment of Exchange Ratio. In the event of any reclassification, recapitalization, stock split or split, stock combination, stock dividend or share exchange with respect to Parent PEC Common Stock or any change or conversion of Parent UTI Common Stock into other securities Stock, as the case may be, (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Patterson Energy Inc), Agreement and Plan of Merger (Uti Energy Corp)

Adjustment of Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record between the date with respect to any of the foregoing should occur) prior to hereof and the Effective Time, appropriate and proportionate adjustments, if any, shall be made by Parent to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Tellabs Inc), Agreement and Plan of Merger (Coherent Communications Systems Corp)

Adjustment of Exchange Ratio. In the event of any reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio Ratio, as so adjusted.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Concord Efs Inc), Voting Agreement (Concord Efs Inc)

AutoNDA by SimpleDocs

Adjustment of Exchange Ratio. In the event of any ---------------------------- reclassification, stock split or stock dividend with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities (or if a record date with respect to any of the foregoing should occur) prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interpublic Group of Companies Inc)

Adjustment of Exchange Ratio. In the event of any reclassification, recapitalization, stock split or split, stock combination, stock dividend or share exchange with respect to Parent Common Stock or any change or conversion of Parent Common Stock into other securities Company Shares, as the case may be, (or if a record date with respect to any of the foregoing should occur) subsequent to the date of this Agreement but prior to the Effective Time, appropriate and proportionate adjustments, if any, shall be made to the Exchange Ratio, and all references to the Exchange Ratio in this Agreement shall be deemed to be to the Exchange Ratio as so adjusted.

Appears in 1 contract

Samples: Agreement and Plan of Merger (TMBR Sharp Drilling Inc)

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