Common use of Capital Distribution Clause in Contracts

Capital Distribution. If at any time from and after the occurrence of a Triggering Event, the Company shall pay or make any Capital Distribution to its shareholders, the Conversion Price shall be adjusted by multiplying the Conversion Price in force immediately before such Capital Distribution by the following fraction: A where: A shall mean the Current Market Price of one Ordinary Share on the last business day preceding the date of the Capital Distribution is publicly announced; and B shall mean the Fair Market Value on the date of such announcement, immediately after the Capital Distribution, of the portion of the Capital Distribution attributable to one Ordinary Share. Such adjustment shall become effective on the date that such Capital Distribution is made.