Common use of Adjustment of Exercise Rate Clause in Contracts

Adjustment of Exercise Rate. The Exercise Rate is subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 13. For purposes of this Section 13, "Class B Shares" means the Class B Shares and any other stock of the Company, however designated, for which the Warrants may be exercisable.

Appears in 2 contracts

Sources: Warrant Agreement (Security Capital Group Inc/), Warrant Agreement (Security Capital Group Inc/)