Common use of Debt or Asset Distribution Clause in Contracts

Debt or Asset Distribution. A) If the Corporation distributes to any holder of Common Stock evidences of its indebtedness, shares of capital stock, securities, rights to acquire shares of the Corporation’s capital stock, cash or other assets (excluding (1) any dividend or distribution covered by Section 7(D)(i), (2) any options, warrants or rights covered by Section 7(D)(ii), (3) any dividend or distribution covered by Section 7(D)(v) and (4) any Spin-Off to which the provisions set forth in Section 7(D)(iv)(B) apply) in respect of its Common Stock, the Conversion Rate in effect at 5:00 p.m., New York City time, on the date fixed for the determination of holders of Common Stock entitled to receive such distribution shall be multiplied by a fraction:

Appears in 5 contracts

Samples: Call Right Agreement (CAESARS ENTERTAINMENT Corp), Guaranty and Pledge Agreement (CAESARS ENTERTAINMENT Corp), Agreement (CAESARS ENTERTAINMENT Corp)

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Debt or Asset Distribution. (A) If the Corporation distributes to any holder all holders of Common Stock Shares evidences of its indebtedness, shares of capital stock, securities, rights to acquire shares of the Corporation’s capital stock, cash or other assets (excluding (1) any dividend or distribution covered by Section 7(D)(i13(a)(i), (2) any options, rights or warrants or rights covered by Section 7(D)(ii13(a)(ii), (3) any dividend or distribution covered by Section 7(D)(v13(a)(v) and (4) any Spin-Off to which the provisions set forth in Section 7(D)(iv)(B13(a)(iv)(B) apply) in respect of its Common Stock), the each Fixed Conversion Rate in effect at 5:00 p.m., New York City time, on the date fixed for the determination of holders of Common Stock Shares entitled to receive such distribution shall be multiplied by a fraction:

Appears in 1 contract

Samples: Deposit Agreement (Alcoa Inc)

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Debt or Asset Distribution. (A) If the Corporation distributes to any holder all holders of Common Stock evidences of its indebtedness, shares of capital stock, securities, rights to acquire shares of the Corporation’s capital stock, cash or other assets (excluding (1) any dividend or distribution covered by Section 7(D)(i13(a)(i), (2) any options, rights or warrants or rights covered by Section 7(D)(ii13(a)(ii), (3) any dividend or distribution covered by Section 7(D)(v13(a)(v) and (4) any Spin-Off to which the provisions set forth in Section 7(D)(iv)(B13(a)(iv)(B) apply) in respect of its Common Stock), the each Fixed Conversion Rate in effect at 5:00 p.m., New York City time, on the date fixed for the determination of holders of Common Stock entitled to receive such distribution shall be multiplied by a fraction:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Crown Castle International Corp)

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