Distribution of Assets or Securities. If at any time the Company makes a distribution to its stockholders (other than in connection with the liquidation, dissolution or winding up of the Company covered by Section 4.6) of any assets or securities other than those referred to in Sections 3.1, 3.2 or 3.5, the Warrant Purchase Price shall be adjusted and shall be equal to the Warrant Purchase Price in effect immediately prior to the close of business on the date fixed for the determination of stockholders entitled to receive such distribution multiplied by a fraction (which shall not be less than zero), the numerator of which shall be the Fair Market Value per share of Common Stock on the date fixed for such determination, less the then fair market value of the portion of the assets, or the fair market value of the portion of the securities, as the case may be, so distributed applicable to one share of Common Stock, and the denominator of which shall be the Fair Market Value per share of Common Stock. Such adjustment to the Warrant Purchase Price shall become effective immediately prior to the opening of business on the day immediately following the date fixed for the determination of stockholders entitled to receive such distribution. Upon any adjustment in the Warrant Purchase Price as provided in this Section 3.3, the number of shares of Common Stock issuable upon the exercise of this Warrant shall also be adjusted and shall be equal to the number of Warrant Shares issuable upon exercise of this Warrant immediately prior to such adjustment multiplied by a fraction, the numerator of which is the Warrant Purchase Price in effect immediately prior to such adjustment and the denominator of which is the Warrant Purchase Price as so adjusted.
Distribution of Assets or Securities. Subject to the Statute, in the event the Company proposes to distribute assets other than cash in connection with any liquidation, dissolution or winding up of the Company, the value of the assets to be distributed to the holder of Preferred Shares and Ordinary Shares shall be determined in good faith by the liquidator (or, in the case of any proposed distribution in connection with a transaction which is a deemed liquidation hereunder, by the Board). Any securities not subject to investment letter or similar restrictions on free marketability shall be valued as follows:
Distribution of Assets or Securities. If at any time the Corporation shall make a distribution to all holders of shares of Common Stock of any asset or security other than in connection with the liquidation, dissolution or winding up of the Corporation, then and in each such case, the Exercise Price shall be adjusted to equal the price determined by multiplying the Exercise Price in effect immediately prior to the close of business on the date fixed for the determination of stockholders entitled to receive such distribution by a fraction (which shall not be less than zero), the numerator of which shall be the fair market value per share of the Common Stock on the date fixed for such determination less the than fair market value of the portion of the assets or securities so distributed applicable to one share of Common Stock, and the denominator of which shall be such fair market value per share of the Common Stock, such adjustment to become effective immediately prior to the opening of business on the day following the date fixed for the determination of stockholders entitled to receive such distribution.
Distribution of Assets or Securities. If the Company makes a distribution (a “Distribution”) to its stockholders (other than in connection with the liquidation, dissolution or winding up of the Company) of any asset (including cash) or security (the total of the assets or securities so distributed, the “Distribution Amount”) other than those referred to in Section 3.2, then, the Holder shall have the right to receive the portion of the Distribution Amount which a holder of the number of shares of Common Stock for which this Warrant is exercisable immediately prior to the Distribution would have owned or received immediately after and as a result of such Distribution. Upon the closing of the Distribution, the Company shall distribute such portion of the Distribution Amount to the Holder.
Distribution of Assets or Securities. In case the Issuer shall make a distribution to all holders of shares of Common Stock of any asset or security other than those referred to in Section 4(A)(1) or (2) and other than in connection with the total liquidation, dissolution or winding-up of the Issuer, then and in each such case, the Warrant Holder, shall be entitled to receive, concurrently with such distribution the amount of assets or securities to which the Warrant Holder would have been entitled as a holder of Common Stock if the Warrant Holder had exercised its Warrant immediately prior to the record date for such distribution.
Distribution of Assets or Securities. The Company shall use its best efforts to make any distribution hereunder to the Members in cash. If the distribution in cash is not practical or feasible, distributions of securities or assets other than cash may be made subject to prior consent of the Member receiving such non-cash distribution. Distributions consisting of both cash and non-cash securities or assets shall be made to each Member receiving such distributions in the same proportions of cash and non-cash securities or assets (unless the relevant Member agrees to receive such distributions in a different proportion). In the case of non-cash distribution in connection with any Liquidation Event pursuant to Sections 6.2 and/or 6.3, the value of the assets to be distributed to the Members shall be determined in good faith by the Board. Any securities not subject to investment letter or similar restrictions on free marketability shall be valued as follows:
Distribution of Assets or Securities. If at any time the Company makes a distribution (a "Distribution") to its stockholders (other than in connection with the liquidation, dissolution or winding up of the Company) of any asset or security other than those referred to in Sections 4.1, 4.2, 4.4 or 4.5, then, at the option of Holder, either:
Distribution of Assets or Securities. In the event the Company proposes to distribute assets other than cash in connection with any liquidation, dissolution or winding up of the Company, the value of the assets to be distributed to the Stockholders shall be determined in good faith by the liquidator (or, in the case of any proposed distribution in connection with a transaction which is a deemed liquidation hereunder, by the Board of Directors). Any securities not subject to restrictions on free marketability shall be valued as follows:
Distribution of Assets or Securities. In case the Company shall make a distribution to all holders of shares of Common Stock of any evidences of its indebtedness or assets (other than cash dividends or distributions paid out of net profit or surplus) or securities (other than those referred to in Section 4.1(a) or 4.1(b) ) and other than in connection with the total liquidation, dissolution or winding-up of the Company, the Exercise Price to be in effect after such record date shall be determined by multiplying the Exercise Price in effect immediately prior to such record date by a fraction, of which the numerator shall be the Current Market Value per share of Common Stock on such record date, less the fair market value (as determined in good faith by the Company's board of directors, whose determination shall be conclusive) of the portion of the indebtedness, assets or securities so to be distributed applicable to one share of Common Stock and of which the denominator shall be the Current Market Value per share of Common Stock. An adjustment made pursuant to this Section 4.1(c) shall be made whenever such distribution is made, but shall be effective retroactively in respect of exercises of Warrants made between the record date for such distribution and the date of such distribution.
Distribution of Assets or Securities. In the event the Company proposes to distribute assets other than cash in connection with any liquidation, dissolution or winding up of the Company, the value of the assets to be distributed to the holders of Series A Shares and Ordinary Shares shall be determined in good faith by the liquidator (or, in the case of any proposed distribution in connection with a transaction which is a deemed liquidation hereunder, by the Board, which decision shall include the affirmative vote of the director appointed by the Investors). Any securities not subject to investment letter or similar restrictions on free marketability shall be valued as follows:
