Common use of Dividends and Distributions With Respect to Common Stock Clause in Contracts

Dividends and Distributions With Respect to Common Stock. If legal -------------------------------------------------------- under the applicable General Corporation Law of the State of Delaware at any time the Corporation pays any dividends or makes any other distributions with respect to the Common Stock, the Corporation shall pay at such time to each holder of a Warrant the dividends or other distributions which such holder would have been entitled to receive had such holder exercised all of his, her or its rights to acquire or receive Common Stock under such Warrant(s) on the date as of which the holders of Common Stock of record entitled to such dividends or other distributions were determined.

Appears in 2 contracts

Samples: Registration Rights Agreement (Blue Rhino Corp), Note Purchase Agreement (Blue Rhino Corp)

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Dividends and Distributions With Respect to Common Stock. If legal -------------------------------------------------------- under the applicable General Corporation Law of the State of Delaware at any time the Corporation pays any dividends or makes any other distributions with respect to the Common Stock, the Corporation shall pay at such time to each holder of a Warrant the dividends or other distributions which such holder would have been entitled to receive had such holder exercised all of his, her or its rights to acquire or receive Common Stock under such Warrant(s) on the date as of which the holders of Common Stock of record entitled to such dividends or other distributions were determined.

Appears in 2 contracts

Samples: Unit Purchase Agreement (Blue Rhino Corp), Securities Purchase Agreement (Blue Rhino Corp)

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