Common use of Simultaneous Adjustments Clause in Contracts

Simultaneous Adjustments. In the event that Sections 4.05, 4.06 or 4.07 require adjustments to the Conversion Rate under more than one of Section 4.06(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c), second, the provisions of Section 4.06(d), third, the provisions of Section 4.06(a), and fourth, the provisions of Section 4.06(b).

Appears in 2 contracts

Sources: First Supplemental Indenture (Masco Corp /De/), First Supplemental Indenture (Masco Corp /De/)

Simultaneous Adjustments. In the event that Sections 4.05, 4.06 ------------------------ or 4.07 require adjustments to the Conversion Rate under more than one of Section 4.06(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c), second, the provisions of Section 4.06(d), third, the provisions of Section 4.06(a), and fourth, the provisions of Section 4.06(b).

Appears in 2 contracts

Sources: Eleventh Supplemental Indenture (Horton D R Inc /De/), Eleventh Supplemental Indenture (Horton D R Inc /De/)

Simultaneous Adjustments. In the event that Sections 4.05, 4.06 or 4.07 require If this Section 4 requires adjustments to the Conversion Rate under more than one of Section 4.06(a4(c), (b4(d), (c4(e) or (d), 4(f) and the Common Stock Record Dates record dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c4(c), second, the provisions of Section 4.06(d4(e), third, the provisions of Section 4.06(a), 4(d) and fourth, to the extent applicable, the provisions of Section 4.06(b4(f).

Appears in 1 contract

Sources: Merger Agreement (Amtec Inc)

Simultaneous Adjustments. In the event that Sections 4.053.6, 4.06 3.7 or 4.07 3.8 ------------------------ require adjustments to the Conversion Rate under more than one of Section 4.06(a3.7(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c3.7(c), second, the provisions of Section 4.06(d3.7(d), third, the provisions of Section 4.06(a3.7(a), and fourth, the provisions of Section 4.06(b3.7(b).

Appears in 1 contract

Sources: Third Supplemental Indenture (Electronic Data Systems Corp /De/)

Simultaneous Adjustments. In the event that Sections 4.053.07, 4.06 or 4.07 3.08 and 3.09 require adjustments to the Conversion Rate under more than one of Section 4.06(a3.08(a), (b), (c) or (d), and the Common Stock Record Dates for the distributions giving rise to such adjustments shall occur on the same date, then such adjustments shall be made by applying, first, the provisions of Section 4.06(c3.08(c), second, the provisions of Section 4.06(d3.08(d), third, the provisions of Section 4.06(a3.08(a), and fourth, the provisions of Section 4.06(b3.08(b).

Appears in 1 contract

Sources: Indenture (Lear Corp /De/)