Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time effects a subdivision of the outstanding capital stock, the Conversion Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time combines the outstanding shares of capital stock, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection (d) shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 7 contracts
Samples: Secured Convertible Subordinated Promissory Note (ProUroCare Medical Inc.), Convertible Subordinated Promissory Note (ProUroCare Medical Inc.), Convertible Promissory Note (ProUroCare Medical Inc.)
Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time effects after the Issue Date effect a subdivision of the outstanding capital stockCommon Stock, the Conversion Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if . If the Company shall at any time or from time to time combines after the Issue Date combine the outstanding shares of capital stockCommon Stock, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection (d) paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 5 contracts
Samples: Convertible Junior Subordinated Promissory Note (Gartner Inc), Note Purchase Agreement (Quokka Sports Inc), Note Purchase Agreement (Quokka Sports Inc)
Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time effects after the Original Issue Date effect a subdivision of the outstanding capital stockCommon Stock, the Conversion Price then in effect immediately before that subdivision or combination shall be proportionately decreased, and conversely, if . If the Company shall at any time or from time to time combines after the Original Issue Date combine the outstanding shares of capital stockCommon Stock, the Conversion Price then in effect immediately before the combination or subdivision shall be proportionately increased. Any adjustment under this subsection (d) paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 5 contracts
Samples: Note Purchase Agreement (Orion Energy Systems, Inc.), Note Agreement (Orion Energy Systems, Inc.), Note Agreement (Orion Energy Systems, Inc.)
Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time effects after the date hereof effect a subdivision of the outstanding capital stockCommon Stock, the Conversion Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company shall at any time or from time to time combines after the date hereof combine the outstanding shares of capital stockCommon Stock, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection (dSection 4.5(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 4 contracts
Samples: Stock Purchase Agreement (AtlasClear Holdings, Inc.), Securities Purchase Agreement (American Virtual Cloud Technologies, Inc.), Debenture (American Virtual Cloud Technologies, Inc.)
Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time after the Issue Date effects a subdivision of the outstanding capital stockCommon Stock, the Conversion Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time after the Issue Date combines the outstanding shares Common Stock into a smaller number of capital stockshares, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection (d) Section 8.4 shall become effective at the close of business on the date the such subdivision or combination becomes effective.
Appears in 1 contract
Samples: Investment Agreement (Omega Healthcare Investors Inc)
Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time Corporation effects a split or subdivision of the outstanding capital stockcommon shares, the Conversion Price then in effect immediately before that the subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time Corporation combines the outstanding common shares into a smaller number of capital stockshares, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection (di) shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
