Other Post Triggering Event Adjustments Sample Clauses

Other Post Triggering Event Adjustments. (1) Use of Common Equivalent Shares or Cash: In the event that the number of shares of Common Stock which are authorized by the Company's certificate of incorporation, but which are not outstanding or reserved for issuance for purposes other than upon exercise of the Rights ("Available Common Stock"), is not sufficient to permit the exercise in full of the Rights after the adjustment made in accordance with Section 11(b), then:
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Other Post Triggering Event Adjustments. (1) At any time after the occurrence of a Triggering Event, a majority of the Continuing Trustees or, if there are then no Continuing Trustees, a majority of the Board of Trustees of the Trust shall have the right to reduce the Exercise Amount by such amount as such majority shall desire provided that (i) the reduction shall not result in a Purchase Price lower than the par value per Shares of the shares purchasable
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Other Post Triggering Event Adjustments. (1) At any time after the occurrence of a Triggering Event, a majority of the Continuing Directors or, if there are then no Continuing Directors, a majority of the Board of Directors of the Company shall have the right to reduce the Exercise Amount by such amount as such majority shall desire provided that (i) the reduction shall not result in
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Other Post Triggering Event Adjustments. (1) At any time after the occurrence of a Triggering Event, the Board of Directors of the Company shall have the right to reduce the Exercise Amount by such amount as the Board shall desire provided that (i) the Exercise Amount shall not be reduced to less than $1, (ii) the reduction shall not result in a Purchase Price lower than the par value per share of the shares purchasable with the Rights, and (iii) the Board shall determine that such reduction is not contrary to the interests of holders of Rights (other than any Acquiring Person or any other person in whose hands the Rights are void). The term "
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Other Post Triggering Event Adjustments. (1) At any time after the occurrence of a Triggering Event, a majority of the Continuing Directors or, if there are then no Continuing Directors, a majority of the Board of Directors of the Company shall have the right to reduce the Exercise Amount by such amount as such majority shall desire provided that (i) the reduction shall not result in a Purchase Price lower than the par value per share of the shares purchasable with the Rights, and (ii) a majority of the Continuing Directors or, if there are then no Continuing Directors, a majority of the Board of Directors of the Company shall determine that such reduction is not contrary to the interests of holders of Rights (other than any Acquiring Person or any other Person in whose hands the Rights are void), including, without limitation, such Directors shall in good faith determine that the value of the Rights (to holders other than any Acquiring Person or any other Person in whose hands the
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Other Post Triggering Event Adjustments 
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Related to Other Post Triggering Event Adjustments

  • Deliverables at Triggering Event Dates; Certificates The Company agrees that on or prior to the date of the first Issuance Notice and, during the term of this Agreement after the date of the first Issuance Notice, upon:

  • Change of Control Triggering Event (a) If a Change of Control Triggering Event occurs, unless the Company has exercised its option to redeem the Offered Securities, it shall be required to make an offer (a “Change of Control Offer”) to each Holder of the Offered Securities to repurchase, at the Holder’s election, all or any part (equal to $1,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s Offered Securities on the terms set forth herein. In a Change of Control Offer, the Company shall be required to offer payment in cash equal to 101% of the aggregate principal amount of Offered Securities repurchased, plus accrued and unpaid interest, if any, on the Offered Securities repurchased to the date of repurchase (a “Change of Control Payment”). Within 30 days following any Change of Control Triggering Event or, at the Company’s option, prior to any Change of Control, but after public announcement of the transaction that constitutes or may constitute the Change of Control, a notice shall be mailed to the Trustee and to the Holders of the Offered Securities describing in reasonable detail the transaction that constitutes or may constitute the Change of Control Triggering Event and offering to repurchase such Offered Securities on the date specified in the notice, which date shall be no earlier than 30 days and no later than 60 days from the date such notice is mailed (a “Change of Control Payment Date”). The notice shall, if mailed prior to the date of consummation of the Change of Control, state that the offer to purchase is conditioned on the Change of Control Triggering Event occurring on or prior to the Change of Control Payment Date.

  • Termination Event; Notice The Purchase Contracts and all obligations and rights of the Company and the Holders thereunder, including, without limitation, the rights of the Holders to receive and the obligation of the Company to pay any Contract Adjustment Payments or any Deferred Contract Adjustment Payments, and the rights and obligations of the Holders to purchase Common Stock, will immediately and automatically terminate, without the necessity of any notice or action by any Holder, the Agent or the Company, if, on or prior to the Purchase Contract Settlement Date, a Termination Event shall have occurred. Upon the occurrence of a Termination Event, the Company shall promptly but in no event later than two Business Days thereafter give written notice thereof to the Agent, the Collateral Agent and to the Holders, at their addresses as they appear in the applicable Register. Upon and after the occurrence of a Termination Event, the Securities shall thereafter represent the right to receive the Debt Securities or the Applicable Ownership Interest in the appropriate Treasury Portfolio, as the case may be, forming a part of such Securities in the case of Income PRIDES, or Treasury Securities in the case of Growth PRIDES, in accordance with the provisions of Section 4.3 of the Pledge Agreement.

  • Triggering Events The events referred to in Sections 3(f) and 5(a) hereof are as follows:

  • Rapid Amortization Events If any one of the following events occurs during the Managed Amortization Period:

  • Payment in the Event Losses Fail to Reach Expected Level On the date that is 45 days following the last day (such day, the “True-Up Measurement Date”) of the Final Shared Loss Month, or upon the final disposition of all Shared Loss Assets under this Single Family Shared-Loss Agreement at any time after the termination of the Commercial Shared-Loss Agreement, the Assuming Institution shall pay to the Receiver fifty percent (50%) of the excess, if any, of (i) twenty percent (20%) of the Intrinsic Loss Estimate less (ii) the sum of (A) twenty-five percent (25%) of the asset premium (discount) plus (B) twenty-five percent (25%) of the Cumulative Shared-Loss Payments plus (C) the Cumulative Servicing Amount. The Assuming Institution shall deliver to the Receiver not later than 30 days following the True-Up Measurement Date, a schedule, signed by an officer of the Assuming Institution, setting forth in reasonable detail the calculation of the Cumulative Shared-Loss Payments and the Cumulative Servicing Amount.

  • Amortization Events The occurrence of any one or more of the following events shall constitute an Amortization Event:

  • Early Amortization Events In addition to the events identified as Early Amortization Events in Article XII of the Indenture, the occurrence of any of the following events (each, an “Early Amortization Event”) shall result in an early amortization event for the Series [•] Notes:

  • Additional Termination Events The following Additional Termination Events will apply:

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

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