Adjustment to Conversion Ratio Sample Clauses

Adjustment to Conversion Ratio. Whenever the Conversion Ratio is adjusted pursuant to any provision of this Section 6, the Company shall promptly deliver to each Holder at its last address as it shall appear upon the Register a notice setting forth the Conversion Ratio after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

Adjustment to Conversion Ratio. The denominator of the Conversion Ratio shall be adjusted from time to time as follows: (a) In case the Company shall hereafter pay a dividend (excluding payment of dividends on the Company's Series A Preferred Stock) or make a distribution in Common Stock of the Company to all holders of the outstanding Common Stock of the Company, the denominator of the Conversion Ratio in effect at the opening of business on the date following the date fixed for the determination of stockholders entitled to receive such dividend or other distribution shall be reduced by multiplying such denominator of the Conversion Ratio by a fraction of which the numerator shall be the number of Common Stock outstanding at the close of business on the date fixed for such determination and the denominator shall be the sum of such number of shares and the total number of shares constituting such dividend or other distribution, such reduction to become effective immediately after the opening of business on the day following the date fixed for such determination. The Company will not pay any dividend or make any distribution on Common Stock held in the treasury of the Company. (b) In case the Company shall hereafter issue rights or warrants to all holders of its outstanding Common Stock entitling them (for a period expiring within 45 days after the date fixed for determination of stockholders entitled to receive such rights or warrants) to subscribe for or purchase Common Stock at a price per share less than the Current Market Price (as defined below) on the date fixed for determination of stockholders entitled to receive such rights or warrants, the denominator of the Conversion Ratio shall be adjusted so that the same shall equal the number determined by multiplying the denominator of the Conversion Ratio in effect immediately prior to the date fixed for determination of stockholders entitled to receive such rights or warrants by a fraction of which the numerator shall be the number of shares of Common Stock outstanding at the close of business on the date fixed for determination of stockholders entitled to receive such rights or warrants plus the number of shares which the aggregate offering price of the total number of shares so offered would purchase at such Current Market Price, and of which the denominator shall be the number of Common Stock outstanding on the date fixed for determination of stockholders entitled to receive such rights or warrants plus the total number of additiona...

Adjustment to Conversion Ratio. If, prior to the Effective Time of the Merger, IUB shall pay a dividend in, subdivide, combine into a smaller number of shares or issue by reclassification of its shares any IUB Common Stock, the Conversion Ratio shall be multiplied by a fraction, the numerator of which shall be the number of shares of IUB Common Stock outstanding immediately after, and the denominator of which shall be the number of such shares outstanding immediately before, the occurrence of such event, and the product shall be the Conversion Ratio for purposes of Section 2.1(b).

Adjustment to Conversion Ratio i. If, prior to the conversion of all Series A Convertible CRA Shares, the number of issued and outstanding Common Shares is increased by a share split or other similar event, the conversion ratio shall be proportionately increased, or if the number of issued and outstanding Common Shares is decreased by a combination or reclassification of Common Shares or other similar event, the conversion ratio shall be proportionately decreased. ii. If, prior to the conversion of all Series A Convertible CRA Shares, the Trust shall be a party to any transaction (including, without limitation, a merger, consolidation, tender offer of all or substantially all of the shares or sale of all or substantially all of the Trust's assets), as a result of which Common Shares shall be converted into the right to receive securities or other property (including cash or any combination thereof), each Series A Convertible CRA Share, if convertible after the consummation of the transaction, shall thereafter be convertible into the kind and amount of shares and other securities and property (including cash or any combination thereof) receivable upon the consummation of such transaction by a holder of that number of Common Shares or fraction thereof into which one Series A Convertible CRA Share was convertible immediately prior to such transaction, assuming such Series A Convertible CRA Shareholder failed to exercise any rights of election to convert (provided that if the kind and amount of stock or beneficial interest, securities and other property so receivable is not the same for each non-electing share, the kind and amount so receivable by each non-electing share shall be deemed to be the kind and amount received per share by a plurality of non-election shares). The Trust may not become a party to any such transaction unless the terms thereof are consistent with the foregoing.

Adjustment to Conversion Ratio. 68 SECTION 11.04.

Adjustment to Conversion Ratio. If, between the date of this Agreement and the Effective Time, the outstanding shares of Parent Common Stock, other than as a result of the Reverse Stock Split, or Company Common Stock shall have been changed into a different number of shares or a different class, by reason of any stock dividend thereon or any subdivision, reclassification, recapitalization, split, combination or exchange thereof, the Conversion Ratio shall be correspondingly adjusted to reflect such stock dividend, subdivision, reclassification, recapitalization, split, combination or exchange.

Adjustment to Conversion Ratio. In order to prevent dilution of the conversion rights granted under this Section 8, the Conversion Ratio shall be subject to adjustment from time to time as provided in this Section 8.