Common use of Combinations or Consolidations Clause in Contracts

Combinations or Consolidations. 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 Exercise Price in effect immediately prior to such combination or consolidation shall, concurrently with the effectiveness of such combination or consolidation, be proportionately increased and the number of shares of Common Stock purchasable by exercise of this Warrant shall be proportionately decreased.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Xfone Inc.), Placement Agency Agreement (Teton Energy Corp), Convertible Security Agreement (Teton Energy Corp)

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