Common use of Adjustment for Stock Splits, Stock Dividends, Recapitalizations, etc Clause in Contracts

Adjustment for Stock Splits, Stock Dividends, Recapitalizations, etc. In the event that the Company shall fix a record date for the determination of holders of securities affected by any stock split, stock dividend, reclassification, recapitalization or other similar event that will, in the future, affect the number of outstanding shares of the Company's capital stock, then, and in each such case, Noteholder, upon conversion of this Note at any time after the Company shall fix the record date for such event, shall receive, in addition to the shares of Conversion Stock issuable upon conversion on the Conversion Date, the securities of the Company to which such holder would have been entitled if such holder had converted this Note immediately prior to such record date (all subject to further adjustment as provided in this Note).

Appears in 2 contracts

Samples: Secured Convertible Promissory Note (Caldera International Inc/Ut), Secured Convertible Promissory Note (Caldera International Inc/Ut)

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Adjustment for Stock Splits, Stock Dividends, Recapitalizations, etc. In the event that the Company shall fix a record date for the determination of holders of securities affected by any stock split, stock dividend, reclassification, recapitalization or other similar event that will, in the future, affect the number of outstanding shares of the Company's capital stock, then, and in each such case, Noteholder, upon conversion of this Note at any time after the Company shall fix the record date for such event, shall receive, in addition to the shares of Conversion Stock issuable upon conversion on the Conversion Date, the right to receive the securities of the Company to which such holder would have been entitled if such holder had converted this Note immediately prior to such record date (all subject to further adjustment as provided in this Note).

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Kibush Capital Corp)

Adjustment for Stock Splits, Stock Dividends, Recapitalizations, etc. In the event that the Company shall fix a record date for the determination of holders of securities affected by any stock split, stock dividend, reclassification, recapitalization recapitalization, or other similar event that will, in the future, affect the number of outstanding shares of the Company's capital stock, then, and in each such case, Noteholderthe Holder, upon conversion of this Note at any time after the Company shall fix the record date for such event, shall receive, in addition to the shares of Conversion Stock issuable upon conversion on the date on which the Holder exercises its right to convert this Note into the Conversion DateStock, the right to receive the securities of the Company to which such holder would have been entitled if such holder Holder had converted this Note immediately prior to such record date (all subject to further adjustment as provided in this Note).

Appears in 1 contract

Samples: Promissory Note (Schimatic Cash Transactions Network Com Inc)

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Adjustment for Stock Splits, Stock Dividends, Recapitalizations, etc. In the event that the Company shall fix a record date for the determination of holders of securities affected by any stock split, stock dividend, reclassification, recapitalization recapitalization, or other similar event that will, in the future, affect the number of outstanding shares of the Company's capital stock, then, and in each such case, Noteholderthe Holder, upon conversion of this Note at any time after the Company shall fix the record date for such event, shall receive, in addition to the shares of Conversion Stock issuable upon conversion on the Conversion Dateconversion date, the right to receive the securities of the Company to which such holder Holder would have been entitled if such holder Holder had converted this Note immediately prior to such record date (all subject to further adjustment as provided in this Note).

Appears in 1 contract

Samples: Purchase Agreement (American Financial Holding Inc /De)

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