Common use of Adjustments for Certain Dividends and Distributions Clause in Contracts

Adjustments for Certain Dividends and Distributions. If the Company shall at any time or from time after the date hereof, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in shares of Common Stock, then, and in each event, the applicable Exercise Price in effect immediately prior to such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying, as applicable, the applicable Exercise Price then in effect by a fraction;

Appears in 11 contracts

Samples: Standstill Agreement (Environmental Remediation Holding Corp), Standstill Agreement (Environmental Remediation Holding Corp), Standstill Agreement (Environmental Remediation Holding Corp)

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Adjustments for Certain Dividends and Distributions. If the Company shall at any time or from time after the date hereof, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in shares of Common Stock, then, and in each event, the applicable Exercise Price in effect immediately prior to such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying, as applicable, multiplying the applicable Exercise Price then in effect by a fraction;

Appears in 4 contracts

Samples: Warrant Agreement (Environmental Remediation Holding Corp), Warrant Agreement (National Boston Medical Inc), Warrant Agreement (National Boston Medical Inc)

Adjustments for Certain Dividends and Distributions. If the Company shall at any time or from time to time after the date hereof, Issuance Date make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in shares of Common Stock, then, and in each event, the applicable Exercise Price in effect immediately prior to such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying, as applicable, multiplying the applicable Exercise Price then in effect by a fraction;:

Appears in 2 contracts

Samples: CorMedix Inc., CorMedix Inc.

Adjustments for Certain Dividends and Distributions. If the Company shall at any time or from time to time after the date hereof, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in shares of Common Stock, then, and in each event, the applicable Exercise Price in effect immediately prior to such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying, as applicable, the applicable Exercise Price then in effect by a fraction;

Appears in 1 contract

Samples: Ip Voice Com Inc

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Adjustments for Certain Dividends and Distributions. If the Company shall at any time or from time after the date hereof, to time make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in shares of Common Stock, then, and in each event, the applicable Exercise Price in effect immediately prior to such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying, as applicable, multiplying the applicable Exercise Price then in effect by a fraction;:

Appears in 1 contract

Samples: NeoStem, Inc.

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