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 (Recoton Corp), Note Repurchase, Exchange and Termination Agreement (Ibasis Inc), Securities Issuance Agreement (Recoton Corp)
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: Reserved Shares Agreement (Crown Crafts Inc), Subordinated Note and Warrant Purchase Agreement (Crown Crafts Inc)
