Common use of Issuance of Rights or Warrants Clause in Contracts

Issuance of Rights or Warrants. In case the Company issues to all or substantially all holders of its Shares of Common Stock rights or warrants entitling those holders for a period of not more than 60 days to subscribe for or purchase its Shares of Common Stock or securities convertible into its Shares of Common Stock at a price per share (or having a conversion, exchange or exercise price per share) less than the Current Market Price, the Conversion Price in effect at the opening of business on the Business Day immediately following the record date fixed for determination of shareholders entitled to receive those rights or warrants will be reduced by multiplying such Conversion Price by a fraction:

Issuance of Rights or Warrants. In case the Company issues to all or substantially all holders of its Shares of Common Stock Beneficial Interest rights or warrants entitling those holders for a period of not more than 60 days to subscribe for or purchase its Shares of Common Stock Beneficial Interest or securities convertible into its Shares of Common Stock Beneficial Interest at a price per share (or having a conversion, exchange or exercise price per share) less than the Current Market Price, the Conversion Price in effect at the opening of business on the Business Day immediately following the record date fixed for determination of shareholders entitled to receive those rights or warrants will be reduced by multiplying such Conversion Price by a fraction: