Common use of Adjustment for Stock Splits Clause in Contracts

Adjustment for Stock Splits. STOCK DIVIDENDS, RECAPITALIZATIONS, ETC. The Warrant Price of this Warrant and the number of shares of Warrant Stock issuable upon exercise of this Warrant (or any shares of stock or other securities at the time issuable upon exercise of this Warrant) shall each be appropriately and proportionally adjusted to reflect any stock dividend, stock split, reverse stock split, combination of shares, reclassification, recapitalization or other similar event affecting the number of outstanding shares of Warrant Stock (or such other stock or securities).

Appears in 2 contracts

Samples: Warrant Agreement (Svi Holdings Inc), Convertible Promissory Note (Svi Solutions Inc)

AutoNDA by SimpleDocs

Adjustment for Stock Splits. STOCK DIVIDENDS, RECAPITALIZATIONS, ETC. The Warrant Exercise Price of this Warrant and the number of shares of Warrant Stock Shares issuable upon exercise or conversion of this Warrant (or any shares of stock Stock or other securities assets at the time issuable upon exercise of this Warrant) shall each be appropriately and proportionally adjusted to reflect any stock dividend, dividends stock splitsplits, reverse stock splitsplits, combination combinations of shares, reclassificationreclassifications, recapitalization recapitalizations or other similar event affecting events altering the number of outstanding shares of Warrant Stock (or such other stock Stock or securitiesother assets).

Appears in 1 contract

Samples: Convertible Subordinated Promissory Note Purchase Agreement (Hybrid Networks Inc)

AutoNDA by SimpleDocs

Adjustment for Stock Splits. STOCK DIVIDENDS, RECAPITALIZATIONS, ETC. The Warrant Exercise Price of this Warrant and the number of shares of Warrant Stock Shares issuable upon exercise or conversion of this Warrant (or any shares of stock Stock or other securities assets at the time issuable upon exercise of this Warrant) shall each be appropriately and proportionally adjusted to reflect any stock dividend, dividends stock splitsplits, reverse stock splitsplits, combination combinations of shares, reclassificationreclassifications, recapitalization recapitalizations or other similar event affecting events altering the number of outstanding shares of Warrant Common Stock (or such other stock Stock or securitiesother assets).

Appears in 1 contract

Samples: Warrant Purchase Agreement (Hybrid Networks Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!