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Common use of Adjustment for Stock Splits and Combinations Clause in Contracts

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”) effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 10 contracts

Samples: Warrant Agreement (Varitek Industries Inc), Warrant Agreement (Varitek Industries Inc), Warrant Agreement (Varitek Industries Inc)

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the "Original Issue Date") while this Warrant remains outstanding, effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 10 contracts

Samples: Warrant Agreement (United Fuel & Energy Corp), Warrant Agreement (Houston American Energy Corp), Warrant Agreement (Innovo Group Inc)

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”) while this Warrant remains outstanding, effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 6 contracts

Samples: Warrant Agreement (Bioject Medical Technologies Inc), Warrant Agreement (Bioject Medical Technologies Inc), Warrant Agreement (Bioject Medical Technologies Inc)

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”"ORIGINAL ISSUE DATE") while this Warrant remains outstanding, effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 5 contracts

Samples: Warrant Agreement (Tarrant Apparel Group), Warrant Agreement (Tag It Pacific Inc), Warrant Agreement (Tag It Pacific Inc)

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”"ORIGINAL ISSUE DATE") while this Warrant remains outstanding, effect a subdivision or split of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section SECTION 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 3 contracts

Samples: Warrant Agreement (Peoples Liberation Inc), Warrant Agreement (Peoples Liberation Inc), Warrant Agreement (Century Pacific Financial Corp)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof of this Warrant (the “Original Issue "Commitment Date") effect effects a subdivision of the outstanding Common StockStock of the Company, the Exercise Calculation Price then in effect immediately before such that subdivision shall be proportionately decreased. Conversely; and conversely, if the Company shall at any time or from time to time after the Original Issue Commitment Date combine combines the outstanding shares of Common Stock into a smaller number of shares, the Exercise Calculation Price then in effect immediately before such the combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(isubsection (b) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Warrant Certificate (Long Distance International Inc), Warrant Certificate (Long Distance International Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time while this Warrant, or from time to time after the date hereof (the “Original Issue Date”) effect any portion hereof, remains outstanding and unexpired, effects a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such prior to that subdivision shall be proportionately decreased. Conversely, if the Company shall at any time while this Warrant, or from time to time after the Original Issue Date combine any portion hereof, remains outstanding and unexpired, combines the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such prior to the combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) 2A shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Cardinal Minerals Inc), Stock Option Agreement (Cardinal Minerals Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”) effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i3.l(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Asset Contribution and Share Subscription Agreement (Independence Contract Drilling, Inc.), Warrant Agreement (Independence Contract Drilling, Inc.)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the "Original Issue Date") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Warrant Agreement (Remote Knowledge Inc), Warrant Agreement (Id Systems Inc)

Adjustment for Stock Splits and Combinations. If the Company shall ------------------------------------------------- shall, at any time or from time to time after the date hereof (the "Original Issue Date") while this Warrant remains outstanding, effect a --------------------- subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Warrant Agreement (Us Energy Corp), Warrant Agreement (Us Energy Corp)

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”) while this Warrant remains outstanding, effect a subdivision or split of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Warrant Agreement (Peoples Liberation Inc), Warrant Agreement (Peoples Liberation Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the "Original Issue Date") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this this Section 3.1(a)(i3.1 (a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Warrant Agreement (KCS Energy Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”"ORIGINAL ISSUE DATE") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Warrant Agreement (Factory 2 U Stores Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”) effect of this Warrant effects a subdivision of the outstanding Common Stock, by stock split or otherwise, the Exercise Purchase Price then in effect immediately before such that subdivision shall be proportionately decreased. Conversely; and, conversely, if the Company shall at any time or from time to time after the Original Issue Date combine date of this Warrant combines the outstanding shares of Common Stock into a smaller number of sharesStock, by reverse stock split or otherwise, the Exercise Purchase Price then in effect immediately before such that combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i3(b) shall become effective at the close of business on the date the subdivision or combination becomes effective.. 5NEXT PAGE

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Vsource Inc)

Adjustment for Stock Splits and Combinations. If the -------------------------------------------- Company shall at any time or from time to time after the date hereof (the "Original Issue Date") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Warrant Agreement (Turbochef Technologies Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”) Date effect a subdivision of the outstanding Common StockClass A Shares, the Exercise Price Amount then in effect immediately before such the subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased. Conversely, if If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of sharesClass A Shares, the Exercise Price Amount then in effect immediately before such the combination shall be proportionately decreased and the Exercise Price shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Warrant Agreement (Starwood Financial Trust)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the "Original Issue Date") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such that subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such the combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Warrant Agreement (Tyler Technologies Inc)