Common use of Effect of Adjustments Clause in Contracts

Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.9, upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 and 11.3, each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Shares (calculated to the nearest ten thousandth) obtained by (i) multiplying (x) the number of Common Shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 3 contracts

Samples: Rights Agreement (Infocus Corp), Rights Agreement (Infocus Corp), Rights Agreement (In Focus Systems Inc)

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Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.9, upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 and 11.3, each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Shares (calculated to the nearest ten ten-thousandth) obtained by (i) multiplying (x) the number of Common Shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 3 contracts

Samples: Rights Agreement (Coach Inc), Rights Agreement (Coach Inc), Rights Agreement (Coach Inc)

Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.911(i), upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 11(b) and 11.3(c), each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence include the right to purchase, at the adjusted Purchase Price, that number of Common Shares shares (calculated to the nearest ten thousandthone-millionth) obtained by (i) multiplying (x) the number of Common Shares shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 2 contracts

Samples: Rights Agreement (Malan Realty Investors Inc), Rights Agreement (Malan Realty Investors Inc)

Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.911(i), upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 Section 11(b) and 11.3Section 11(c), each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Ordinary Shares (calculated to the nearest ten one ten-thousandth) obtained by (i) multiplying (x) the number of Common Shares shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 2 contracts

Samples: Rights Agreement (ReneSola LTD), Rights Agreement (The9 LTD)

Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.911(i) hereof, upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 Section 11(b) and 11.3Section 11(c) hereof, each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Class A Ordinary Shares (calculated to the nearest ten one ten-thousandth) obtained by (i) multiplying (x) the number of Common Shares shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 2 contracts

Samples: Rights Agreement (360 DigiTech, Inc.), Rights Agreement (360 DigiTech, Inc.)

Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.9, upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 and 11.3, each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Shares (calculated to the nearest ten thousandth) obtained by by: (i) multiplying (x) the number of Common Shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price Price, and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (First Health Group Corp)

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Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.911(i) hereof, upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 Section 11(b) and 11.3Section 11(c) hereof, each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Class A Ordinary Shares (calculated to the nearest ten one ten-thousandth) obtained by (i) multiplying (x) the number of Common Shares shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 1 contract

Samples: Rights Agreement

Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.9, upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.1, 11.2 and 11.3, each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Shares shares (calculated to the nearest ten ten-thousandth) obtained by (i) multiplying (x) the number of Common Shares shares covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Beverly Enterprises Inc)

Effect of Adjustments. Unless the Company shall have exercised its election as provided in Section 11.9, upon each adjustment of the Purchase Price as a result of the calculations made in Sections 11.2 and 11.3, each Right outstanding immediately prior to the making of such adjustment shall thereafter evidence the right to purchase, at the adjusted Purchase Price, that number of Common Shares one ten-thousandths of a share of Incentive Stock (calculated to the nearest ten thousandthone-millionth of a share of Incentive Stock) obtained by (i) multiplying (x) the number of Common Shares one ten-thousandths of a share of Incentive Stock covered by a Right immediately prior to this adjustment by (y) the Purchase Price in effect immediately prior to such adjustment of the Purchase Price and (ii) dividing the product so obtained by the Purchase Price in effect immediately after such adjustment of the Purchase Price.

Appears in 1 contract

Samples: Rights Agreement (Mentor Graphics Corp)

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