Adjustments for Dividends. If while this Warrant, or any portion hereof, remains outstanding and unexpired and the holders of shares of Series B Preferred Stock have actually received a dividend or distribution (whether paid in cash, additional stock other securities or other property and whether paid before, after or in connection with the conversion or redemption of Series B Preferred Stock), this Warrant shall represent the right to acquire, in addition to the number of Shares, and without payment of any additional consideration therefor, the amount of such dividend or distribution equal to the pro rata share of the aggregate amount of such dividend or distribution represented by the Warrants, assuming, for purposes of such pro rata calculation only, the Warrant represents the number of shares of Series B Preferred Stock that would be convertible into the same number of shares of Common Stock as the number of Shares underlying the Warrant at such time (prior to giving effect to such dividend or distribution),
Appears in 4 contracts
Samples: Warrant Agreement (Bluestem Brands, Inc.), Warrant Agreement (Bluestem Brands, Inc.), Warrant Agreement (Bluestem Brands, Inc.)
