Common use of Statement Regarding Adjustments Clause in Contracts

Statement Regarding Adjustments. Whenever the Conversion Price shall be adjusted as provided in Section 7.05, the Company shall forthwith file, at the principal office of the Company, a statement showing in detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, and the Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Debentures, at its address appearing on the Company's records. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 7.07.

Appears in 3 contracts

Samples: Debenture Agreement (Pioneer Drilling Co), Debenture Agreement (Pioneer Drilling Co), Debenture Agreement (South Texas Drilling & Exploration Inc)

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Statement Regarding Adjustments. Whenever the Conversion Price shall be adjusted as provided in this Section 7.057(c), the Company shall forthwith file, at the principal office of the Company, a statement showing in reasonable detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, adjustment and the Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Debentures, shares of Series A Preferred Stock at its the address appearing on in the Company's ’s records. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 7.07.

Appears in 2 contracts

Samples: Securities Purchase Agreement (L-1 Identity Solutions, Inc.), Securities Purchase Agreement (L-1 Identity Solutions, Inc.)

Statement Regarding Adjustments. Whenever the Conversion Price shall be adjusted as provided in Section 7.0513.4, the Company shall forthwith file, at the office of any transfer agent for the Debentures and at the principal office of the Company, Company a statement showing in detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, and the Company shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Debentures, the Debentures at its address appearing on the Company's records. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 7.0713.6.

Appears in 1 contract

Samples: Debenture Agreement (Earthcare Co)

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Statement Regarding Adjustments. Whenever the Conversion Price shall be adjusted as provided in Section 7.058.05, the Company Corporation shall forthwith file, at the principal office of the CompanyCorporation, a statement showing in detail the facts requiring such adjustment and the Conversion Price that shall be in effect after such adjustment, and the Company Corporation shall also cause a copy of such statement to be sent by mail, first class postage prepaid, to each holder of Debentures, at its address appearing on the CompanyCorporation's records. Where appropriate, such copy may be given in advance and may be included as part of a notice required to be mailed under the provisions of Section 7.078.07.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Wedge Energy Services LLC)

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