Notional Value; Adjustments Sample Clauses
Notional Value; Adjustments. Each of the Closing Adjustment Escrow Amount and the Claims Escrow Amount shall consist of shares of $1.00 par value common stock of Enterprises (the "Enterprises Common Stock") having an agreed value of $34.50 per share (the "Notional Value"); provided, however, that in the event of any change after April 3, 1998 and prior to the Effective Time in the number of issued and outstanding shares of Enterprises Common Stock, through, reorganization, recapitalization, stock split, dividends paid in stock, split-up, split-off, spin-off, or other fundamental change in the capital structure of Enterprises (the forgoing specifically intending to exclude, without limitation, stock repurchases or any dilution resulting from the issuance of additional shares other than an issuance ratably to all shareholders), an equitable adjustment (the "Equitable Adjustment") shall be made to the Notional Value.
