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. (i) If while this Warrant, or any portion hereof, remains outstanding and unexpired, holders of Common Stock 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, cash of the Company by way of dividend, then and in each case, the Warrant Exercise Price shall be reduced by adding the amount of cash of the Company which such holder would have received had it been the Holder of record of the security on the date such dividend was paid to the numerator used to calculate the Warrant Exercise Price as set forth in Section 2 of this Warrant;

Appears in 6 contracts

Samples: Registration Rights Agreement (Earth Biofuels Inc), Registration Rights Agreement (Earth Biofuels Inc), Earth Biofuels Inc

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