Common use of Certificate of Adjusted Purchase Price or Number of Shares Clause in Contracts

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares and the Common Shares, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate in accordance with Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 15 contracts

Samples: Rights Agreement (Inmune Bio, Inc.), Rights Agreement (Advaxis, Inc.), Tax Benefit Preservation Plan (Enterprise Diversified, Inc.)

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Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or and Section 13 hereof13, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed written statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Shares Common Stock and the Common Shares, Preferred Stock a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Right Certificate (if the Distribution Date has occurred) or of a certificate representing shares of Common Stock (if prior to the Distribution Date) in accordance with Section 26 hereof25. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement contained therein contained and shall have no duty or liability with respect to, to and shall not be deemed to have knowledge of, any of such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 6 contracts

Samples: Rights Agreement (Iteris, Inc.), Rights Agreement (WPCS International Inc), Rights Agreement (Osteotech Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares and the Common Shares, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate in accordance with Section 26 27 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 4 contracts

Samples: Rights Agreement (AiAdvertising, Inc.), Rights Agreement (Turtle Beach Corp), Rights Agreement (AiAdvertising, Inc.)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section and 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment adjustment, and a brief brief, reasonably detailed statement of the facts, computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Common Shares or the Preferred Shares and the Common Shares, a copy of such certificate and (c) if such adjustment occurs following a Distribution Date has occurredDate, mail a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained contained, and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, of any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 3 contracts

Samples: Rights Agreement (Optical Communication Products Inc), Rights Agreement (Masimo Corp), Rights Agreement (Masimo Corp)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section 13 hereofand 13, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Shares Stock and the Common Shares, Stock a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Right Certificate (or, if prior to the Distribution Date, to each holder of a certificate representing shares of Common Stock) in accordance with Section 26 hereof26. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty not be obligated or liability with respect to, and responsible for calculating any adjustment nor shall not it be deemed to have knowledge of, any of such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 3 contracts

Samples: Rights Agreement (Iteq Inc), Rights Agreement (Petrocorp Inc), Rights Agreement (Iteq Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section 13 hereof13, the Company shall (a) promptly prepare a certificate setting forth such adjustment adjustment, and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Common Shares and the Common Shares, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of record of a Rights Right Certificate (or, if prior to the Distribution Date, to each holder of record of a certificate representing Common Shares) in accordance with Section 26 hereof25. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement contained therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, of any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 3 contracts

Samples: Rights Agreement (Crown Holdings Inc), Rights Agreement (Crown Holdings Inc), Rights Agreement (Crown Holdings Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment adjustment, and a brief brief, reasonably detailed statement of the facts, methodology and computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Common Stock or the Preferred Shares and the Common Shares, Stock a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 25 hereof (if so required under Section 25 hereof). The Rights Agent shall be fully protected and authorized in relying on any such certificate and on any adjustment or statement therein contained contained, and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 3 contracts

Samples: Rights Agreement (Spartech Corp), Rights Agreement (Aramark Worldwide Corp), Rights Agreement (Aramark Worldwide Corp)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section 13 hereof13, the Company shall (a) promptly prepare a certificate setting forth such adjustment adjustment, and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Common Shares and the Common Shares, Preference Shares a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of record of a Rights Right Certificate (or, if prior to the Distribution Date, to each holder of record of a certificate representing Common Shares) in accordance with Section 26 hereof25. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement contained therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, of any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 2 contracts

Samples: Rights Agreement (South Jersey Industries Inc), Rights Agreement (South Jersey Industries Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section 13 hereof13, the Company shall (a) promptly prepare a certificate setting forth such adjustment adjustment, and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Common Shares or the Preferred Shares and the Common Shares, a copy of such certificate and (c) if a Distribution Date has occurred, mail or make available a brief summary thereof to each holder of a Right Certificate (or, if prior to the Distribution Date, to each registered holder of a Rights Certificate Common Shares) in accordance with Section 26 hereof25. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or of any such event adjustment unless and until it shall have received such a certificate.

Appears in 2 contracts

Samples: Rights Agreement (Euronet Worldwide Inc), Rights Agreement (Layne Christensen Co)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares and the Common SharesStock, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate in accordance with Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 2 contracts

Samples: Rights Agreement (hopTo Inc.), Rights Agreement (Highpower International, Inc.)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or and Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, facts and computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares Stock and the Class A Common SharesStock, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, to and shall not be deemed to have knowledge of, any of such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 2 contracts

Samples: Rights Agreement (DynCorp International Inc), Rights Agreement (DynCorp International Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment or describing such event and a brief reasonably detailed statement of the facts, computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares Stock and the Common SharesStock, a copy of such certificate certificate, and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate in accordance with Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 2 contracts

Samples: Rights Agreement (Silverbow Resources, Inc.), Rights Agreement (Fluor Corp)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof13, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares and the Common Shares, a copy of such certificate Certificate, and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate (or, if prior to the Distribution Date, to each holder of a certificate representing Common Shares) in accordance with Section 26 hereof26. The Rights Agent shall be fully authorized to rely and be protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed not to have knowledge of, of any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 2 contracts

Samples: Rights Agreement (Penn National Gaming Inc), Rights Agreement (Penn National Gaming Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section 13 hereof13, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief brief, reasonably detailed detailed, statement of the facts, facts and computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Shares Stock and the Common Shares, Stock a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Right Certificate (or, if prior to the Distribution Date, to each holder of a certificate representing affected shares of Common Stock) in accordance with the manner set forth in Section 26 hereof26. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained contained, and shall have no duty or liability with respect to, to and shall not be deemed to have knowledge of, any adjustment or of any such event adjustment unless and until it shall have received such a certificate.

Appears in 2 contracts

Samples: Rights Agreement (Stratus Properties Inc), Rights Agreement (Stratus Properties Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, facts and computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Common Shares and the Common Shares, Securities and Exchange Commission a copy of such certificate and (c) if a such adjustment occurs at any time after the Distribution Date has occurredDate, mail a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall not have no any duty or liability with respect to, to and shall not be deemed to have knowledge of, of any adjustment or any such event unless and until it shall have received such a certificatecertificate has been filed with the Rights Agent.

Appears in 1 contract

Samples: Agreement (BKF Capital Group Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Common Shares or the Preferred Shares and the Common Shares, Securities and Exchange Commission a copy of such certificate and (c) if a such adjustment occurs at any time after the Distribution Date has occurredDate, mail a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 25 and Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Mirant Corp

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Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief brief, reasonably detailed statement of the facts, facts and computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares Preference Stock and the Common SharesStock, a copy of such certificate certificates, and (c) ), if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained contained, and shall have no duty or liability with respect to, to and shall not be deemed to have knowledge of, any adjustment or of any such event adjustment unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Rights Agreement (Champion International Corp)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section 13 hereof13, the Company shall (a) promptly prepare a certificate setting forth such adjustment adjustment, and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, adjustment (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Common Shares and the Common Shares, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of record of a Rights Right Certificate (or, if prior to the Distribution Date, to each holder of record of a certificate representing Common Shares) in 19 accordance with Section 26 hereof25. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement contained therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, of any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Rights Agreement (American Water Works Co Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Common Shares or the Preferred Shares and the Common Shares, Securities and Exchange Commission a copy of such certificate and (c) if a such adjustment occurs at any time after the Distribution Date has occurredDate, mail a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Rights Agreement (Us Bancorp \De\)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 Sections 9 or Section 13 hereof11, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Shares Stock and the Common Shares, Stock a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Right Certificate (or, if prior to the Distribution Date, to each holder of a certificate representing shares of Common Stock) in accordance with the manner set forth in Section 26 hereof23. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Rights Agreement (MSC Software Corp)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, facts and computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares and the Common SharesStock, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate (or, if prior to the Distribution Date, to each holder of a certificate representing shares of Common Stock) in accordance with Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Stockholders Rights Agreement (Printcafe Software Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Common Shares and the Common Shares, a copy of such certificate and (c) if a such adjustment occurs at any time after the Distribution Date has occurredDate, mail (or, if deemed appropriate by the Board, make available at no charge) a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment adjustments or statement statements therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Rights Agreement (Huttig Building Products Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Common Stock or the Preferred Shares and the Common Shares, Securities and Exchange Commission a copy of such certificate and (c) if a such adjustment occurs at any time after the Distribution Date has occurredDate, mail a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying entitled to rely on any such certificate and on any adjustment or statement therein contained therein, and the Rights Agent shall have no duty or liability with respect to, to and shall not be deemed to have knowledge of, of any adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Benefit Preservation Plan (Ambac Financial Group Inc)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or and Section 13 hereof, the Company shall (a) promptly prepare a certificate setting forth such adjustment or describing such event, and a brief brief, reasonably detailed statement of the facts, computations and methodology accounting for such adjustment, (b) promptly file with the Rights Agent, and with each transfer agent for the Preferred Shares Stock and the Common SharesStock, a copy of such certificate and (c) if a Distribution Date has occurred, mail a brief summary thereof to each registered holder of a Rights Certificate in accordance with Section 26 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, of any such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Rights Agreement (Dresser-Rand Group Inc.)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section 11 or Section 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Common Shares of the Company or the Preferred Shares and the Common Shares, a copy of such certificate and (c) if a such adjustment occurs at any time after the Distribution Date has occurredDate, mail a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, any adjustment or of any such event adjustment unless and until it shall have received such a certificate. Section 13.

Appears in 1 contract

Samples: Agreement (Kranzco Realty Trust)

Certificate of Adjusted Purchase Price or Number of Shares. Whenever an adjustment is made as provided in Section Sections 11 or Section and 13 hereof, the Company shall promptly (a) promptly prepare a certificate setting forth such adjustment adjustment, and a brief reasonably detailed statement of the facts, computations and methodology facts accounting for such adjustment, (b) promptly file with the Rights Agent, Agent and with each transfer agent for the Preferred Common Shares and the Common Shares, a copy of such certificate and (c) mail (or, if a Distribution Date has occurreddeemed appropriate by the Board of Directors of the Company, mail make available at no charge) a brief summary thereof to each registered holder of a Rights Right Certificate in accordance with Section 26 25 hereof. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment or statement therein contained contained, and shall have no duty or liability with respect to, to and shall not be deemed to have knowledge of, any of such adjustment or any such event unless and until it shall have received such a certificate.

Appears in 1 contract

Samples: Rights Agreement (Fresh Brands Inc)

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