Common use of Adjustments for Subdivisions, Stock Dividends, Combinations or Consolidation of Common Stock Clause in Contracts

Adjustments for Subdivisions, Stock Dividends, Combinations or Consolidation of Common Stock. In the event the outstanding shares of Common Stock shall be increased by way of stock issued as a dividend for no consideration or subdivided (by stock split or otherwise) into a greater number of shares of Common Stock, the Warrant Price then in effect shall, concurrently with the effectiveness of such increase or subdivision, be proportionately decreased. In the event 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 Warrant Price then in effect shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.

Appears in 3 contracts

Samples: Warrant Agreement (Tweeter Home Entertainment Group Inc), Warrant Agreement (Tweeter Home Entertainment Group Inc), Common Stock Purchase Warrant (Combinatorx, Inc)

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Adjustments for Subdivisions, Stock Dividends, Combinations or Consolidation of Common Stock. In the event the outstanding shares of Common Stock shall be increased by way of stock issued as a dividend for no consideration or subdivided (by stock split split, or otherwise) ), into a greater number of shares of Common Stock, or the Warrant Corporation shall declare and pay any dividend on its Common Stock payable in shares of Common Stock, the Conversion Price then in effect shall, concurrently with the effectiveness of such increase subdivision or subdivisionstock dividend, be proportionately decreased. In the event 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 Warrant Conversion Price then in effect shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.

Appears in 2 contracts

Samples: Series B Preferred Stock Purchase Agreement (Agilent Technologies Inc), Series B Preferred Stock Purchase Agreement (Agilent Technologies Inc)

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Adjustments for Subdivisions, Stock Dividends, Combinations or Consolidation of Common Stock. In the event the outstanding shares of Common Stock shall be increased by way of stock issued as a dividend for no consideration or subdivided (by stock split or otherwise) into a greater number of shares of Common Stock, the Warrant Price respective Conversion Prices then in effect shall, concurrently with the effectiveness of such increase or subdivision, be proportionately decreased. In the event 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 Warrant Price respective Conversion Prices then in effect shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased.

Appears in 1 contract

Samples: Merger Agreement (Medical Industries of America Inc)

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