Common use of Effect of Adjustment Clause in Contracts

Effect of Adjustment. The Depository and applicable Participants shall effect any applicable adjustments, changes or payments to the Beneficial Owners with respect to beneficial interests in the Global Warrants resulting from any adjustments or readjustments, changes or payments effected pursuant to this Article 4 in accordance with the procedures of the Depository and the applicable Participants.

Appears in 15 contracts

Sources: Warrant Agreement (Weatherford International PLC), Warrant Agreement (Talos Energy Inc.), Warrant Agreement (SAExploration Holdings, Inc.)

Effect of Adjustment. The Warrant Agent, Depository and applicable Participants shall effect any applicable adjustments, changes or payments to the Beneficial Owners and Warrantholders, as applicable, with respect to beneficial interests in the Global Warrants and the Warrants resulting from any adjustments or readjustments, changes or payments effected pursuant to this Article 4 in accordance with the procedures of the Warrant Agent, Depository and the applicable Participants.

Appears in 1 contract

Sources: Warrant Agreement (Key Energy Services Inc)

Effect of Adjustment. The Depository and applicable Participants shall effect any applicable adjustments, changes or payments to the Beneficial Owners with respect to beneficial interests in the Global Warrants resulting from any adjustments or readjustments, changes or payments effected pursuant to this Article 4 5 in accordance with the procedures of the Depository and the applicable Participants.

Appears in 1 contract

Sources: Warrant Agreement (Seventy Seven Energy Inc.)