Common use of Adjustment to Number of Warrant Shares Upon Dividend, Subdivision or Combination of Common Stock Clause in Contracts

Adjustment to Number of Warrant Shares Upon Dividend, Subdivision or Combination of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date, (i) pay a dividend or make any other distribution upon the Common Stock or any other capital stock of the Company payable in shares of Common Stock or in Options or Convertible Securities, or (ii) subdivide (by any stock split, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares of Common Stock, the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to any such dividend, distribution or subdivision shall be proportionately increased. If the Company at any time combines (by combination, reverse stock split or otherwise) its outstanding shares of Common Stock into a smaller number of shares, the number of Warrant Shares issuable upon exercise of a Warrant immediately prior to such combination shall be proportionately decreased. Any adjustment under this Section 4.4 shall become effective at the Close of Business on the date the dividend, subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Commitment Fee Warrant Agreement (Exco Resources Inc), Fee Warrant Agreement (Exco Resources Inc)

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Adjustment to Number of Warrant Shares Upon Dividend, Subdivision or Combination of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date, (i) pay a dividend or make any other distribution upon the Common Stock or any other capital stock of the Company payable in shares of Common Stock or in Options or Convertible Securities, or (ii) subdivide (by any stock split, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares of Common Stockshares, the number of Warrant Shares issuable upon exercise of the Warrants this Warrant immediately prior to any such dividend, distribution or subdivision shall be proportionately increased. If the Company at any time combines (by combination, reverse stock split or otherwise) its outstanding shares of Common Stock into a smaller number of shares, the number of Warrant Shares issuable upon exercise of a this Warrant immediately prior to such combination shall be proportionately decreased. Any adjustment under this Section 4.4 5(d) shall become effective at the Close close of Business business on the date the dividend, subdivision or combination becomes effective.

Appears in 1 contract

Samples: Settlement Agreement and Releases (EVO Transportation & Energy Services, Inc.)

Adjustment to Number of Warrant Shares Upon Dividend, Subdivision or Combination of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date, (i) pay a dividend or make any other distribution upon the Common Stock or any other capital stock of the Company payable in shares of Common Stock or in Options or Convertible Securities, or (ii) subdivide (by any stock split, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares of Common Stockshares, the number of Warrant Shares issuable upon exercise of the Warrants this Warrant immediately prior to any such dividend, distribution or subdivision shall be proportionately increased. If the Company at any time combines (by combination, reverse stock split or otherwise) its outstanding shares of Common Stock into a smaller number of shares, the number of Warrant Shares issuable upon exercise of a this Warrant immediately prior to such combination shall be proportionately decreased. Any adjustment under this Section 4.4 4(b) shall become effective at the Close close of Business business on the date the dividend, subdivision or combination becomes effective.

Appears in 1 contract

Samples: Abraxas Petroleum Corp

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Adjustment to Number of Warrant Shares Upon Dividend, Subdivision or Combination of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date, (i) pay a dividend or make any other distribution upon the Common Stock or any other capital stock of the Company payable in shares of Common Stock or in Stock, Options or Convertible Securities, or (ii) subdivide (by any stock split, recapitalization or otherwise) its outstanding shares of Common Stock into a greater number of shares of Common Stockshares, the number of Warrant Shares issuable upon exercise of the Warrants this Warrant immediately prior to any such dividend, distribution or subdivision shall be proportionately increased. If the Company at any time combines (by combination, reverse stock split or otherwise) its outstanding shares of Common Stock into a smaller number of shares, the number of Warrant Shares issuable upon exercise of a this Warrant immediately prior to such combination shall be proportionately decreased. Any adjustment under this Section 4.4 4(a) shall become effective at the Close close of Business business on the date the dividend, subdivision or combination becomes effective.. 4882-1382-3098 v.7

Appears in 1 contract

Samples: Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc)

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