Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Original Issue Date effect a subdivision of the outstanding Common Stock, the Conversion Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
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Samples: Securities Purchase Agreement (Amen Properties Inc), Securities Purchase Agreement (Amen Properties Inc), Securities Purchase Agreement (Amen Properties Inc)
Adjustment for Stock Splits and Combinations. If the Company Corporation shall at any time or from time to time after the Original Issue Date effect a subdivision of the outstanding Common Stock, the Series B Conversion Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company Corporation shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Series B Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 5 contracts
Samples: Dees Craig PHD, Photogen Technologies Inc, Scott Timothy PHD
Adjustment for Stock Splits and Combinations. If the Company Corporation shall at any time or from time to time after the Original Issue Date effect a subdivision of the outstanding Common Stock, the Series A Conversion Price then and the Series B/B-1 Conversion Price in effect immediately before that subdivision shall be proportionately decreased. If Conversely, if the Company Corporation shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common StockStock into a smaller number of shares, the Series A Conversion Price then and the Series B/B-1 Conversion Price in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph Section 4.2(e)(iv) shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 3 contracts
Samples: Preferred Stock Purchase Agreement (Velocom Inc), Preferred Stock Purchase Agreement (Velocom Inc), Preferred Stock Purchase Agreement (Velocom Inc)
Adjustment for Stock Splits and Combinations. If the Company Corporation shall at any time time, or from time to time after the date shares of the Series B Preferred Stock are first issued (the “Original Issue Date Date”), effect a subdivision of the outstanding Common Stock, the Conversion Price then in effect immediately before that subdivision prior thereto shall be proportionately decreased. If , and conversely, if the Company Corporation shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph (f)(v) shall become effective at the close of business on the date the subdivision or combination becomes effective.
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Adjustment for Stock Splits and Combinations. If the Company Corporation shall at any time or from time to time after September 11, 1998 (the “Original Issue Date Date”) effect a subdivision of the outstanding Common Stock, the Series B-2 Conversion Price then in effect immediately before that subdivision shall be proportionately decreased. If Conversely, if the Company Corporation shall at it any time or from time to time after the Original Issue Date combine the outstanding shares of Common StockStock into a smaller number of shares, the Series B-2 Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph clause (i) shall become effective at the close of business on the date the subdivision or combination becomes effective.
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Samples: Notes Securities Purchase Agreement (Global Employment Holdings, Inc.)
Adjustment for Stock Splits and Combinations. If the Company Corporation shall at any time or from time to time after the Original Issue Date effect a subdivision of the outstanding Common Stock, the Conversion Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company Corporation shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Art Technology Group Inc)
Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Original Issue Date effect a subdivision (by any stock split or otherwise) of the outstanding shares of Common Stock, the applicable Conversion Price then in effect immediately before that subdivision shall be proportionately decreased. If Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common StockStock into a smaller number of shares, the applicable Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this paragraph Section 2.4.b shall become effective immediately at the close of business on the date the subdivision or combination becomes effective.
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