Common use of Equivalent Adjustments Clause in Contracts

Equivalent Adjustments. If, as a result of an adjustment made pursuant to Section 11.06 above, the holder of any Debenture thereafter surrendered for conversion shall become entitled to receive any shares of capital stock of the Company other than shares of its Common Stock, thereafter the Conversion Price of such other shares so receivable upon conversion of any Debentures shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to Common Stock contained in this Article 11.

Appears in 1 contract

Samples: 2000 Loan Agreement (Grey Global Group Inc)

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Equivalent Adjustments. IfIn the event that, as a result of an adjustment made pursuant to Section 11.06 7.11 above, the holder of any Debenture thereafter surrendered for conversion shall become entitled to receive any shares of capital stock of the Company other than shares of its Common Stock, thereafter the Conversion Price of such other shares so receivable upon conversion Conversion of any Debentures shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the conversion of Common Stock contained in this Article 11Section 7.

Appears in 1 contract

Samples: Registration Rights Agreement (Med-Design Corp)

Equivalent Adjustments. IfIn the event that, as a result of an adjustment made pursuant to Section 11.06 12.06 above, the holder Holder of any Debenture Note thereafter surrendered for conversion shall become entitled to receive any shares of capital stock Capital Stock of the Company other than shares of its Common Stock, thereafter the Conversion Price of such other shares so receivable upon conversion of any Debentures Notes shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to Common Stock contained in this Article 1112.

Appears in 1 contract

Samples: Fleming Companies Inc /Ok/

Equivalent Adjustments. If, as a result of an adjustment made pursuant to Section 11.06 12.06 above, the holder of any Debenture Note thereafter surrendered for conversion shall become entitled to receive any shares of capital stock Capital Stock of the Company other than shares of its Common Stock, thereafter the Conversion Price of such other shares so receivable upon conversion of any Debentures Notes shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to Common Stock contained in this Article 1112.

Appears in 1 contract

Samples: Covenants (Watermark Realty Inc)

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Equivalent Adjustments. If, as a result of an adjustment made pursuant to Section 11.06 8.5 above, the holder Holder of any Debenture Note thereafter surrendered for conversion shall become entitled to receive any shares of capital stock Capital Stock of the Company other than shares of its Common Stock, thereafter the Conversion Price of such other shares so receivable upon conversion of any Debentures Notes shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to Common Stock contained in this Article 11VIII.

Appears in 1 contract

Samples: And (Franklin Bank Corp)

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