Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Section 5.1(a), Section 5.1(b) and Section 5.1(c) as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.
Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of Warrant Shares into which each Warrant is exercisable, or decrease the Warrant Price, in addition to those changes required by Section 6.1(a), 6.1(b), 6.1(c), 6.1(d), 6.1(e), 6.1(f) or 6.1(h), as deemed advisable by the Board of Directors of the Company, in order that any event treated for federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the Recipients.
Optional Tax Adjustment. 14 (j) Warrants Deemed Exercisable ....................................................... 15
Optional Tax Adjustment. 20 (k) Warrants Deemed Exercisable................................................................20 (l) Limitations on Certain Non-Stock Dividends.................................................20 6.2
Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of Common Units into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Sections 5.1(b), 5.1(c), 5.1(d) and 5.1(e) as deemed advisable by the Board of Directors of the Company, in order that any event treated for Federal income tax purposes as a dividend of shares or share rights shall not be taxable to the recipients.
Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase or decrease the number of shares of Common Stock into which each Warrant is exercisable, or decrease the Exercise Price, in addition to those changes required by Sections 5.1(a), 5.1(b), 5.1(c), 5.1(d), 5.1(e) or 5.1(f) or any other provision of this Agreement, as deemed advisable by the Board of Directors of the Company, in order that any event treated for Federal income tax purposes as a dividend of stock or stock rights or other distribution of property shall not be taxable to the recipients.
Optional Tax Adjustment. The Company may at its option, at any time, decrease the Conversion Price, in addition to those changes required by Sections 10.1 and 10.2, as deemed advisable by the Board of Directors, in order that any event treated for Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.
Optional Tax Adjustment. 16 (K) WARRANTS DEEMED EXERCISABLE...............................16 5.2.
Optional Tax Adjustment. The Company may at its option, at any time during the term of the Warrants, increase the number of shares of Underlying Common Stock into which each Warrant is exercisable, or decrease the Warrant Price, in addition to those changes required by Section 5.1(A), 5.1(B), 5.1(c), 5.1(D) or 5.1(G), as deemed advisable by the Board of Directors of the Company, in order that any event treated for Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.
Optional Tax Adjustment. The Parent may at its option, at any time while the Securities remain Outstanding, decrease the Conversion Price, in addition to those changes required by Sections 11.4(a), 11.4(b), 11.4(c), 11.4(d), 11.4(e) or 11.4(f), as deemed advisable by the Board of Directors, in order that any event treated for Federal income tax purposes as a dividend of stock or stock rights shall not be taxable to the recipients.
