Common use of Adjustments for Combinations, Etc Clause in Contracts

Adjustments for Combinations, Etc. In case the outstanding shares of Common Stock shall be combined or consolidated, by reclassification or otherwise, into a lesser number of shares of Common Stock, the Exercise Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.

Appears in 23 contracts

Samples: Warrant Agreement (Doe Run Resources Corp), Securities Issuance Agreement (Recoton Corp), 2004 Warrant and Registration Rights Agreement (Ibasis Inc)

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Adjustments for Combinations, Etc. In case at any time or from time to time after the Original Issuance Date, the outstanding shares of Common Stock shall be combined or consolidated, by reclassification or otherwise, into a lesser number of shares of Common Stock, the Exercise Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.

Appears in 2 contracts

Samples: Registration Rights Agreement (Crown Crafts Inc), Reserved Shares Agreement (Crown Crafts Inc)

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