Common use of Adjustments for Subdivisions of Common Stock Clause in Contracts

Adjustments for Subdivisions of Common Stock. If the number of shares of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect shall, concurrently with the effectiveness of such dividend, subdivision or split up, be proportionately decreased and the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 15 contracts

Samples: Warrant Agreement (MTM Technologies, Inc.), Warrant Agreement (MTM Technologies, Inc.), Warrant Agreement (MTM Technologies, Inc.)

AutoNDA by SimpleDocs

Adjustments for Subdivisions of Common Stock. If the number of shares of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect shall, concurrently with the effectiveness of such dividend, subdivision or split up, (i) the Exercise Price then in effect shall be proportionately decreased and (ii) the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 5 contracts

Samples: Common Stock Warrant (Tcr2 Therapeutics Inc.), Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp), Common Stock Purchase Warrant (Softbank Technology Ventures Iv Lp)

Adjustments for Subdivisions of Common Stock. If the number of shares -------------------------------------------- of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect shall, concurrently with the effectiveness of such dividend, subdivision or split up, (i) the Exercise Price then in effect shall be proportionately decreased and (ii) the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 2 contracts

Samples: Engagement Letter (Interliant Inc), Securities Purchase Agreement (Interliant Inc)

Adjustments for Subdivisions of Common Stock. If the number of shares of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect shall, concurrently with the effectiveness of such dividend, subdivision or split up, (A) the Exercise Price then in effect shall be proportionately decreased and (B) the number of shares of Common Stock issuable upon the exercise of this a Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 2 contracts

Samples: International Distributor Agreement (Mosaic Nutraceuticals Corp.), International Marketing Agreement (Mosaic Nutraceuticals Corp.)

Adjustments for Subdivisions of Common Stock. If the -------------------------------------------- number of shares of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect shall, concurrently with the effectiveness of such dividend, subdivision or split up, (i) the Exercise Price then in effect shall be proportionately decreased and (ii) the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Interliant Inc)

AutoNDA by SimpleDocs

Adjustments for Subdivisions of Common Stock. If the number of shares of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect immediately prior to such stock dividend, subdivision or split shall, concurrently with the effectiveness of such dividend, subdivision or split up, be proportionately decreased and the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Analex Corp)

Adjustments for Subdivisions of Common Stock. If the number of -------------------------------------------- shares of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect shall, concurrently with the effectiveness of such dividend, subdivision or split up, (i) the Exercise Price then in effect shall be proportionately decreased and (ii) the number of shares of Common Stock issuable upon exercise of this Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Interliant Inc)

Adjustments for Subdivisions of Common Stock. If the number of -------------------------------------------- shares of Common Stock outstanding at any time is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split up of stock, then the Exercise Price then in effect shall, concurrently with the effectiveness of such dividend, subdivision or split up, (i) the Exercise Price then in effect shall be proportionately decreased and (ii) the number of shares of Common Stock issuable upon the exercise of this a Warrant shall be increased in proportion to such increase of outstanding shares of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Interliant Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!