Common use of Dilution in Case of Other Securities Clause in Contracts

Dilution in Case of Other Securities. In case any Other Securities shall be issued or sold or shall become subject to issue or sale upon the conversion or exchange of any securities of the Corporation or to subscription, purchase or other acquisition pursuant to any Options issued or granted by the Corporation such as to dilute, on a basis to which the standards established in the other provisions of this Section 3 are applicable, then, and in each such case, the computations, adjustments and readjustments provided for in this Section 3 shall be made as nearly as possible in the manner so provided and applied to determine the amount ofOther Securities from time to time receivable upon the exercise of the Warrants, so as to protect the Holder against the effect of such dilution.

Appears in 4 contracts

Samples: Cal-Bay International Inc, Cal-Bay International Inc, Cal-Bay International Inc

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Dilution in Case of Other Securities. In case any Other Securities (as defined in Section 4) shall be issued or sold or shall become subject to issue or sale upon the conversion or exchange of any securities of the Corporation or to subscription, purchase or other acquisition pursuant to any Options issued or granted by the Corporation such as to dilute, on a basis to which the standards established in the other provisions of this Section 3 are applicable, then, and in each such case, the computations, adjustments and readjustments provided for in this Section 3 shall be made as nearly as possible in the manner so provided and applied to determine the amount ofOther of Other Securities from time to time receivable upon the exercise of the Warrants, so as to protect the Holder against the effect of such dilution.

Appears in 2 contracts

Samples: Future Now Group Inc., Global Resource CORP

Dilution in Case of Other Securities. In case any Other Securities (as defined in Section 4) shall be issued or sold or shall become subject to issue or sale upon the conversion or exchange of any securities of the Corporation Company or to subscription, purchase or other acquisition pursuant to any Options issued or granted by the Corporation Company such as to dilute, on a basis to which the standards established in the other provisions of this Section 3 are applicable, then, and in each such case, the computations, adjustments and readjustments provided for in this Section 3 shall be made as nearly as possible in the manner so provided and applied to determine the amount ofOther of Other Securities from time to time receivable upon the exercise of the Warrants, so as to protect the Holder against the effect of such dilution.

Appears in 1 contract

Samples: Infosmart Group, Inc.

Dilution in Case of Other Securities. In case any Other ------------------------------------ Securities shall be issued or sold or shall become subject to issue or sale upon the conversion or exchange of any securities of the Corporation Company or to subscription, purchase or other acquisition pursuant to any Options issued or granted by the Corporation Company such as to dilute, on a basis to which the standards established in the other provisions of this Section 3 13 are applicable, then, and in each such case, the computations, adjustments and readjustments provided for in this Section 3 13 shall be made as nearly as possible in the manner so provided and applied to determine the amount ofOther of Other Securities from time to time receivable upon the exercise of the Warrants, so as to protect the Holder Warrantholders against the effect of such dilution.

Appears in 1 contract

Samples: Warrant Agreement (Clean Harbors Inc)

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Dilution in Case of Other Securities. In case any Other Securities shall be issued or sold or shall become subject to issue or sale upon the conversion or exchange of any securities of the Corporation or to subscription, purchase or other acquisition pursuant to any Options issued or granted by the Corporation such as to dilute, on a basis to which the standards established in the other provisions of this Section 3 are applicable, then, and in each such case, the computations, adjustments and readjustments provided for in this Section 3 shall be made as nearly as possible in the manner so provided and applied to determine the amount ofOther of Other Securities from time to time receivable upon the exercise of the Warrants, so as to protect the Holder against the effect of such dilution.

Appears in 1 contract

Samples: Oakwood Homes Corp

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