Common use of Adjustments for Dividends in Stock or Other Securities or Property Clause in Contracts

Adjustments for Dividends in Stock or Other Securities or Property. If while this Warrant, or any portion hereof, remains outstanding and unexpired, the holders of the securities as to which purchase rights under this Warrant exist at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash) of the Company by way of dividend (other than the 7% per annum dividend which accrues on the Series C Preferred Stock pursuant to the terms set forth in the Company's Amended and Restated Articles of Incorporation), then in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of the security receivable upon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash) of the Company that such holder would hold on the date of such exercise had it been the holder of record of the security receivable upon exercise of this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available to it as aforesaid during such period, giving effect to all adjustments called for during such period by the provisions of this Section 8.

Appears in 2 contracts

Samples: Shareholders' Agreement (Primis Inc), Shareholders' Agreement (Primis Inc)

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Adjustments for Dividends in Stock or Other Securities or Property. If while this Warrant, or any portion hereof, remains outstanding Warrant is exercisable and unexpired, the holders holder of the securities as to which purchase rights under this Warrant exist (including without limitation securities into which such securities may be converted) at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholdersshareholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash) of the Company by way of dividend (other than the 7% per annum dividend which accrues on the Series C Preferred Stock pursuant to the terms set forth in the Company's Amended and Restated Articles of Incorporation)dividend, then and in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of the security receivable upon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash) of the Company that such holder would hold on the date of such exercise had it been the holder of record of the security receivable upon exercise of this Warrant (or upon such conversion) on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available to by it as aforesaid during such period, giving effect to all adjustments called for during such period by the provisions of this Section 89.

Appears in 2 contracts

Samples: Gottaplay Interactive, Inc., Gottaplay Interactive, Inc.

Adjustments for Dividends in Stock or Other Securities or Property. If while this Warrant, or any portion hereof, remains outstanding and unexpired, the holders of the securities as to which purchase rights under this Warrant exist at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock stock, other securities, property or other securities rights or property options to subscribe for or purchase or otherwise acquire any of the foregoing (other than cash) of the Company Company, by way of dividend (other than the 7% per annum dividend which accrues on the Series C Preferred Stock pursuant to the terms set forth in the Company's Amended and Restated Articles of Incorporation)dividend, then and in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of the security receivable upon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock stock, other securities, property or other securities rights or property options to subscribe for or purchase or otherwise acquire any of the foregoing (other than cash) of the Company that such holder would hold on the date of such exercise had it been the holder of record of the security receivable upon exercise of this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available to by it as aforesaid during such period, giving effect to all adjustments called for during such period by the provisions of this Section 8Section.

Appears in 2 contracts

Samples: Marketing Agreement (Docent Inc), Docent Inc

Adjustments for Dividends in Stock or Other Securities or Property. If If, while this Warrant, Common Stock Warrant or any portion hereof, hereof is exercisable and remains outstanding and unexpired, the holders of the Warrant Shares (or any shares of stock or securities as to which purchase rights under this Warrant exist at the time receivable upon exercise of this Common Stock Warrant) shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional capital stock or any other securities that are at any time directly or property (other than cash) indirectly convertible into or exchangeable for capital stock of the Company Company, or any rights or options to subscribe for, purchase or otherwise acquire any of the foregoing by way of dividend (other than the 7% per annum dividend which accrues on the Series C Preferred Stock pursuant to the terms set forth in the Company's Amended and Restated Articles of Incorporation)dividend, then and in each case, this Common Stock Warrant shall represent the right to acquire, in addition to the number of shares of the security receivable upon exercise of this Common Stock Warrant, and without payment of any additional consideration therefor, the amount of such other or additional capital stock or and other securities or property (other than cash) of that the Company that such holder Holder would hold on the date of such exercise had it been the holder of record of the security receivable upon exercise such capital stock as of this Warrant on the date hereof and had thereafter, during on which the period from the date hereof holders of capital stock received or became entitled to and including the date of receive such exercise, retained such shares and/or all capital stock or other additional stock available to it as aforesaid during such period, giving effect to all adjustments called for during such period by the provisions of this Section 8securities.

Appears in 1 contract

Samples: Protalex Inc

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Adjustments for Dividends in Stock or Other Securities or Property. If If, while this Warrant, Warrant or any portion hereof, hereof remains outstanding and unexpired, the holders of the securities as to which purchase rights under this Warrant exist at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash) of the Company by way of dividend (other than the 7% per annum dividend which accrues on the Series C Preferred Stock pursuant to the terms set forth in the Company's Amended and Restated Articles of Incorporation)or otherwise, then and in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of the security receivable upon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash) of the Company that such holder would hold on the date of such exercise had it been the holder of record of the security receivable upon exercise of this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available to by it as aforesaid during such period, giving effect to all adjustments called for during such period by the provisions of this Section 8ARTICLE 3.

Appears in 1 contract

Samples: GlobalOptions Group, Inc.

Adjustments for Dividends in Stock or Other Securities or Property. If while this Warrant, or any portion hereof, remains outstanding and unexpired, unexpired the holders of the securities as to which purchase rights under this Warrant exist at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholdersStockholders, such Stockholder shall have become entitled to receive, without payment therefor, other or additional stock or other securities or property (other than cash) of the Company by way of dividend (other than the 7% per annum dividend which accrues on the Series C Preferred Stock pursuant to the terms set forth in the Company's Amended and Restated Articles of Incorporation)dividend, then and in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of the security receivable upon exercise of this Warrantwarrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash) of the Company that which such holder would hold on the date of such exercise had it been the holder of record of the security receivable upon exercise of this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such shares and/or all other additional stock available to by it as aforesaid during such period, giving effect to all adjustments called for during such period by the provisions of this Section 8.as

Appears in 1 contract

Samples: Warrant Issuance Agreement (Leadis Technology Inc)

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