Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.
Appears in 8 contracts
Samples: Securities Purchase Agreement (American Skiing Co /Me), Indenture (Peregrine Systems Inc), Indenture (Peregrine Systems Inc)
Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereofabove, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders shareholders will not be taxable to the recipients thereof.
Appears in 7 contracts
Samples: Indenture (Intevac Inc), Indenture (Intevac Inc), Indenture (Intevac Inc)
Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereofabove, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.
Appears in 6 contracts
Samples: Indenture (Angeion Corp/Mn), Indenture (Tel Save Holdings Inc), Indenture (Sabratek Corp)
Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof5.6 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.
Appears in 5 contracts
Samples: Indenture (HMT Technology Corp), Indenture (Komag Inc /De/), Coeur D Alene Mines Corp
Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof11.4 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities Notes or distribution of securities Notes convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.
Appears in 3 contracts
Samples: Prime Succession Holdings Inc, Prime Succession Holdings Inc, Prime Succession Holdings Inc
Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to those required by Section 5.06 4.06 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.
Appears in 2 contracts
Samples: Emcore Corp, Cubist Pharmaceuticals Inc
Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 hereof10.06 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.
Appears in 1 contract
Samples: Indenture (Macerich Co)
Adjustments for Tax Purposes. The Unless otherwise specified pursuant to Section 301, the Company may may, at its option, make such reductions in the Conversion PricePrice with respect to any series of Securities subject to conversion, in addition to those required by Section 5.06 hereof1606 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.
Appears in 1 contract
Samples: Sci Systems Inc
Adjustments for Tax Purposes. The Company may make such reductions decreases in the Conversion Price, in addition to those required by Section 5.06 SECTION 10.7 hereof, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company or to its stockholders shareholders will not be taxable to the recipients thereof.
Appears in 1 contract
Samples: Indenture (Medis Technologies LTD)
Adjustments for Tax Purposes. The Company may make such reductions in the Conversion Price, in addition to those required by Section 5.06 4.06 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its stockholders will not be taxable to the recipients thereof.securities
Appears in 1 contract
Samples: Indenture (Emcore Corp)
Adjustments for Tax Purposes. The Company may may, at its option, make such reductions in the Conversion Price, in addition to those required by Section 5.06 10.06 hereof, as it determines to be advisable in order that any stock dividend, subdivision of sharesshares of Common Stock, distribution or of rights to purchase stock Common Stock or securities Convertible Securities or distribution of securities convertible into or exchangeable for stock Convertible Securities made by the Company to its stockholders holders of Common Stock will not be taxable to the recipients thereof.
Appears in 1 contract
Samples: Indenture (Noble International LTD)