Common use of Common Stock Dividends Clause in Contracts

Common Stock Dividends. In case the Company shall hereafter pay a dividend or make a distribution to all holders of the outstanding Common Stock in shares of Common Stock, the Exercise Price for each Class B Warrant shall be decreased so that such Exercise Price shall equal the price determined by multiplying such Exercise Price in effect on the Record Date with respect to such dividend or other distribution by a fraction, .1 the numerator of which shall be the number of shares of Common Stock outstanding at the close of business on such Record Date; and

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

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Common Stock Dividends. In case the Company shall hereafter pay a dividend or make a distribution to all holders of the outstanding Common Stock in shares of Common Stock, the Exercise Price for each Class B A Warrant shall be decreased so that such Exercise Price shall equal the price determined by multiplying such Exercise Price in effect on the Record Date with respect to such dividend or other distribution by a fraction, .1 the numerator of which shall be the number of shares of Common Stock outstanding at the close of business on such Record Date; and

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

Common Stock Dividends. In case the Company shall hereafter pay a dividend or make a distribution to all holders of the outstanding Common Stock in shares of Common Stock, the Exercise Price for each Class B Warrant shall be decreased so that such Exercise Price shall equal the price determined by multiplying such Exercise Price in effect on the Record Date with respect to such dividend or other distribution by a fraction, .1 the numerator of which shall be the number of shares of Common Stock outstanding at the close of business on such Record Date; and,

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

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Common Stock Dividends. In case the Company shall hereafter pay a dividend or make a distribution to all holders of the outstanding Common Stock in shares of Common Stock, the Exercise Price for each Class B A Warrant shall be decreased so that such Exercise Price shall equal the price determined by multiplying such Exercise Price in effect on the Record Date with respect to such dividend or other distribution by a fraction, .1 the numerator of which shall be the number of shares of Common Stock outstanding at the close of business on such Record Date; and,

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

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