Common use of Limitation on Adjustments Clause in Contracts

Limitation on Adjustments. Except as stated in this Section 4.04, the Company will not adjust the Exchange Rate for the issuance of Common Shares or any securities convertible into or exchangeable for Common Shares or the right to purchase Common Shares or such convertible or exchangeable securities. If, however, the application of the formulas in Sections 4.04(a) through (e) hereof would result in a decrease in the Exchange Rate, then, except to the extent of any readjustment to the Exchange Rate, no adjustment to the Exchange Rate will be made (other than as a result of a reverse share split, share combination or readjustment). In addition, notwithstanding anything to the contrary herein, the Exchange Rate will not be adjusted:

Appears in 3 contracts

Samples: First Supplemental Indenture (PennyMac Mortgage Investment Trust), Supplemental Indenture (PennyMac Mortgage Investment Trust), PennyMac Mortgage Investment Trust

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Limitation on Adjustments. Except as stated in this Section 4.04, the Company will not adjust the Exchange Rate for the issuance of shares of Common Shares Stock or any securities convertible into or exchangeable for shares of Common Shares Stock or the right to purchase shares of Common Shares Stock or such convertible or exchangeable securities. If, however, the application of the formulas in Sections 4.04(a) through (e) hereof would result in a decrease in the Exchange Rate, then, except to the extent of any readjustment to the Exchange Rate, no adjustment to the Exchange Rate will be made (other than as a result of a reverse share split, split or share combination or readjustmentcombination). In addition, notwithstanding anything to the contrary herein, the Exchange Rate will not be adjusted:

Appears in 1 contract

Samples: Sunedison, Inc.

Limitation on Adjustments. Except as stated in this Section 4.04, the Company will not adjust the Exchange Rate for the issuance of Common Ordinary Shares or any securities convertible into or exchangeable for Common Ordinary Shares or the right to purchase Common Ordinary Shares or such convertible or exchangeable securities. If, however, the application of the formulas in Sections 4.04(a) through (e) hereof would result in a decrease in the Exchange Rate, then, except to the extent of any readjustment to the Exchange Rate, no adjustment to the Exchange Rate will be made (other than as a result of a reverse share split, split or share combination or readjustmentcombination). In addition, notwithstanding without limiting anything to the contrary herein, the Exchange Rate will not be adjusted:

Appears in 1 contract

Samples: Trinity Biotech PLC

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Limitation on Adjustments. Except as stated in this Section 4.0414.04, the Company will not adjust the Exchange Rate for the issuance of shares of Common Shares or any securities convertible into or exchangeable for shares of Common Shares or the right to purchase Common Shares or such convertible or exchangeable securities. If, however, the application of the formulas in Sections 4.04(a14.04(a) through (e) hereof would result in a decrease in the Exchange Rate, then, except to the extent of any readjustment to the Exchange Rate, no adjustment to the Exchange Rate will be made (other than as a result of a reverse share split, share combination or readjustment). In addition, notwithstanding anything to the contrary herein, the Exchange Rate will not be adjusted:.

Appears in 1 contract

Samples: Indenture (Kite Realty Group Trust)

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