Common use of EFFECT OF ALTERNATE SECURITIES Clause in Contracts

EFFECT OF ALTERNATE SECURITIES. If at any time, as a result of an adjustment made pursuant to this Section 2, the Holder of this Warrant shall thereafter become entitled to receive any securities of the Company other than shares of Common Stock, then the number of such other securities receivable upon exercise of this Warrant shall be subject to adjustment from time to time on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares as contained in this Section 2.

Appears in 4 contracts

Samples: Warrant Agreement (Zix Corp), Warrant Agreement (Zixit Corp), Warrant Agreement (Zix Corp)

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EFFECT OF ALTERNATE SECURITIES. If at any time, as a result of an adjustment made pursuant to this Section 2, the Holder of this Warrant the Warrants shall thereafter become entitled to receive any securities of the Company other than shares of New Common Stock, then the number of such other securities receivable upon exercise of this an Warrant shall be subject to adjustment from time to time on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares as shares of New Common Stock contained in this Section 2.

Appears in 3 contracts

Samples: Warrant Agreement (Elder Beerman Stores Corp), Warrant Agreement (Elder Beerman Stores Corp), Warrant Agreement (Elder Beerman Stores Corp)

EFFECT OF ALTERNATE SECURITIES. If at any time, as a result of an adjustment made pursuant to this Section Article 2, the Holder of this the Warrant shall thereafter become entitled to receive any securities of the Company other than shares of Common Stock, then the number of such other securities receivable upon exercise of this Warrant shall be subject to adjustment from time to time on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares as shares of Common Stock contained in this Section Article 2.

Appears in 1 contract

Samples: Warrant Agreement (Nationsrent Inc)

EFFECT OF ALTERNATE SECURITIES. If at any time, as a result of an adjustment made pursuant to this Section 2, the Holder holder of this Warrant the Warrants shall thereafter become entitled to receive any securities of the Company Chrysalis other than shares of Common Stock, then the number of such other securities receivable upon exercise of this the Warrant shall be subject to adjustment from time to time on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares as shares of Common Stock contained in this Section 2.

Appears in 1 contract

Samples: Warrant Agreement (Penlabs International Inc)

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EFFECT OF ALTERNATE SECURITIES. If at any time, as a result of an adjustment made pursuant to this Section 2, the Holder of this Warrant shall thereafter become entitled to receive any securities of the Company other than shares of Common Stock, then the number of such other securities receivable upon exercise of this Warrant shall be subject to adjustment from time to time-to-time on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares as contained in this Section 2.

Appears in 1 contract

Samples: Warrant Agreement (Zixit Corp)

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