Common use of Adjustment for Extraordinary Events Clause in Contracts

Adjustment for Extraordinary Events. The Purchase Price to be paid by the Holder upon exercise of this Warrant shall be adjusted in case at any time or from time to time the Company should (i) subdivide the outstanding shares of Common Stock into a greater number of shares, (ii) consolidate the outstanding shares of Common Stock into a smaller number of shares, (iii) issue shares of Common Stock or securities convertible into or exchangeable for shares of Common Stock as a dividend to all or substantially all holders of shares of Common Stock or (iv) issue by reclassification of shares of Common Stock, any shares of capital stock of the Company, in each event pursuant to Article X of the Purchase Agreement as if such provisions were specifically set forth herein.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Autobond Acceptance Corp), Common Stock Purchase Warrant (Take Two Interactive Software Inc), Common Stock Purchase Warrant (Take Two Interactive Software Inc)

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Adjustment for Extraordinary Events. The Purchase Price to be paid by the Holder upon exercise of this Warrant shall be adjusted in case at any time or from time to time the Company should (i) subdivide the outstanding shares of Common Stock into a greater number of shares, (ii) consolidate the outstanding shares of Common Stock into a smaller number of shares, (iii) issue shares of Common Stock or securities convertible into or exchangeable for shares of Common Stock as a dividend to all or substantially all holders of shares of Common Stock or (iv) issue by reclassification of shares of Common Stock, any shares of capital stock of the Company, in each event pursuant to Article X XI of the Purchase Agreement as if such provisions were specifically set forth herein.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Visual Edge Systems Inc), Warrant Agreement (American International Petroleum Corp /Nv/), Common Stock Purchase Warrant (Visual Edge Systems Inc)

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Adjustment for Extraordinary Events. The Purchase Price to be paid by the Holder upon exercise of this Warrant shall be adjusted in case at any time or from time to time the Company should (i) subdivide the outstanding shares of Common Stock into a greater number of shares, (ii) consolidate the outstanding shares of Common Stock into a smaller number of shares, (iii) issue shares of Common Stock or securities convertible into or exchangeable for shares of Common Stock as a dividend to all or substantially all holders of shares of Common Stock or (iv) issue by reclassification of shares of Common Stock, Stock or any shares of capital stock of the Company, in each event pursuant to Article X of the Purchase Agreement as if such provisions were specifically set forth herein.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Visual Edge Systems Inc)

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