Common use of Adjustments for Tax Purposes Clause in Contracts

Adjustments for Tax Purposes. The Company may, at its option, make such reductions in the number of Warrant Shares purchasable pursuant hereto, in addition to those required by Section 4.1 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may, at its option, make such reductions in the number of Warrant Shares purchasable pursuant heretoConversion Price, in addition to those required by Section 4.1 1407 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may, at its option, may make such reductions in the number of Warrant Shares purchasable pursuant heretoConversion Price, in addition to those any required by Section 4.1 above4.06 hereof, as it determines in its discretion to be advisable in order that any stock dividend, subdivision of shares, distribution of or rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders stockholders will not be taxable to the recipients thereof.

Adjustments for Tax Purposes. The Company may, at its option, make such reductions in the number of Warrant Shares purchasable pursuant heretoConversion Price, in addition to those required by Section 4.1 1206 above, as it determines to be advisable in order that any stock dividend, subdivision of shares, distribution of rights to purchase stock or securities or distribution of securities convertible into or exchangeable for stock made by the Company to its shareholders will not be taxable to the recipients thereof.