Common use of Adjustment Due to Distribution Clause in Contracts

Adjustment Due to Distribution. If at any time on or after the Closing Date the Corporation shall declare or make any distribution of its assets (or rights to acquire its assets) to holders of Common Stock as a partial liquidating dividend, by way of return of capital or otherwise (including any dividend or distribution to the Corporation's shareholders in cash or shares (or rights to acquire shares) of capital stock of a subsidiary (i.e. a spin-off)) (a "DISTRIBUTION"), then the Holder shall be entitled, upon any exercise of this Warrant after the date of record for determining stockholders entitled to such Distribution, to receive the amount of such assets which would have been payable to the Holder with respect to the shares of Common Stock issuable upon such exercise (without giving effect to the limitations contained in Article II.D) had Holder been the holder of such shares of Common Stock on the record date for the determination of stockholders entitled to such Distribution.

Adjustment Due to Distribution. If at any time on or after the Closing Date Subject to Article III.A, if the Corporation shall declare or make any distribution of its assets (or rights to acquire its assets) to holders of Common Stock as a partial liquidating dividend, stock repurchase, by way of return of capital or otherwise (including any dividend or distribution to the Corporation's shareholders in cash or shares (or rights to acquire shares) of capital stock of a subsidiary (i.e. i.e., a spin-off)) (a "DISTRIBUTION"), then the Holder shall be entitled, upon any conversion of this Debenture (and upon any exercise of this Warrant Investment Options) after the date of record for determining stockholders shareholders entitled to such Distribution, to receive the amount of such assets which would have been payable to the Holder with respect to the shares of Common Stock issuable upon such conversion (or upon such exercise (without giving effect to the limitations contained in Article II.Dof Investment Options) had Holder been the holder of such shares of Common Stock on the record date for the determination of stockholders shareholders entitled to such Distribution.