Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in Shares, or make any other distribution with respect to Common Stock in Shares, then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 10 contracts
Samples: Warrant Agreement (Universal Automotive Industries Inc /De/), Warrant Agreement (Universal Automotive Industries Inc /De/), Warrant Agreement (Universal Automotive Industries Inc /De/)
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to payable in shares of Common Stock payable (except any distribution specifically provided for in Shares, or make any other distribution with respect to Common Stock in Sharesthe foregoing subparagraphs (a) and (b)), then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution. This paragraph shall apply only if distribution and the number of Shares subject to the extent that, at the time of such event, this Warrant is then exercisable for Common Stockshall be proportionately adjusted.
Appears in 6 contracts
Samples: Exchange Agreement (First Mariner Bancorp), Exchange Agreement (PVF Capital Corp), Warrant Agreement (PVF Capital Corp)
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay pays a dividend with respect to Common Stock payable in Sharesshares of Common Stock, or make any other distribution with respect to Common Stock payable in Sharesshares of Common Stock, then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 6 contracts
Samples: Warrant Agreement (Archer Aviation Inc.), Warrant Agreement (Archer Aviation Inc.), Warrant Agreement (Archer Aviation Inc.)
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay pays a dividend with respect to Common Stock payable in Sharesshares of Common Stock, or make makes any other distribution with respect to Common Stock payable in Sharesshares of Common Stock, then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 3 contracts
Samples: Warrant Agreement (Industrial Tech Acquisitions II, Inc.), Warrant Agreement (Industrial Tech Acquisitions II, Inc.), Warrant Agreement (Industrial Tech Acquisitions II, Inc.)
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in Shares, or make any other distribution with respect to Common Stock in Shares, then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction fraction:
(i) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and ; and
(ii) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 3 contracts
Samples: Warrant Agreement (Amedisys Inc), Warrant Agreement (Amedisys Inc), Warrant Agreement (Ambient Corp /Ny)
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to payable in shares of Common Stock payable (except any distribution specifically provided for in Shares, or make any other distribution with respect to Common Stock in Sharesthe foregoing subparagraphs (a) and (b)), then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution. This paragraph shall apply only if distribution and the number of Shares subject to the extent that, at the time of such event, this Warrant is then exercisable for Common Stockshall be proportionately adjusted.
Appears in 2 contracts
Samples: Exchange Agreement (First Mariner Bancorp), Exchange Agreement (First Mariner Bancorp)
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in Sharesin, or make any other distribution with respect to Common Stock in Sharesof, shares of Common Stock, then the Exercise Price in effect immediately prior to such event shall be adjusted, from and after the date of determination of the shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares shares of the Common Stock outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 1 contract
Samples: Private Placement Purchase Agreement (Brassie Golf Corp)
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock Equity payable in Shares, or make any other distribution with respect to Common Stock in SharesEquity, then the Warrant Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 1 contract
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in Sharesshares of Common Stock, or make any other distribution with respect to Common Stock payable in Sharesshares of Common Stock, then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 1 contract
Common Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired unexpired, in whole or in part, shall pay a dividend with respect to Common Stock payable in Shares, or make any other distribution with respect to shares of Common Stock in SharesStock, then the Exercise Price shall be adjusted, from and after the date of determination of the shareholders entitled to receive such dividend or distributiondividend, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distributiondividend, and (ii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution. This paragraph shall apply only if and to the extent that, at the time of such event, this Warrant is then exercisable for Common Stock.
Appears in 1 contract