Adjustment Factor. As of the Effective Date, and after giving effect to the REIT Shares stock split in the form of a stock dividend to the holders of REIT Shares with a record date of February 4, 2004, and dividends issued to such holders on March 1, 2004, the Adjustment Factor is 2.0, subject to further adjustment pursuant to the definition thereof.
Appears in 2 contracts
Sources: Limited Liability Company Agreement, Limited Liability Company Agreement (Health Care Property Investors Inc)