Common use of Other Dividends Clause in Contracts

Other Dividends. In case the Company at any time pays a dividend or makes a distribution on its Common Stock (other than a dividend or distribution in shares of Common Stock), the Holder shall have the right thereafter to receive upon the exercise of this Warrant, in addition to the shares of Common Stock deliverable upon such exercise, the cash or kind and amount of other securities and property which the Holder would have been entitled to receive if the Holder had exercised this Warrant immediately prior to the record date for the determination of stockholders entitled to receive such dividend or distribution. The amount of any such other securities and property which the Holder shall thereafter be entitled to receive upon the exercise of this Warrant shall be subject to adjustment from time to time, in a manner and on terms as nearly equivalent as practicable to those contained herein with respect to the Common Stock of the Company. The provisions of this Section 7.5 shall similarly apply to successive dividends or distributions of the character specified above.

Appears in 5 contracts

Samples: Archer Aviation Inc., Archer Aviation Inc., Atlas Crest Investment Corp.

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Other Dividends. In case the Company at any time pays a dividend or makes a distribution on its Common Stock (other than a dividend or distribution in shares of Common Stock), the Holder shall have the right thereafter to receive upon the exercise of this Warrant, in addition to the shares of Common Stock deliverable upon such exercise, the cash or kind and amount of other securities and property which the Holder would have been entitled to receive if the Holder had exercised this Warrant immediately prior to the record date for the determination of stockholders entitled to receive such dividend or distribution. The amount of any such other securities and property which the Holder shall thereafter be entitled to receive upon the exercise of this Warrant shall be subject to adjustment from time to time, in a manner and on terms as nearly equivalent as practicable to those contained herein with respect to the Common Stock of the CompanyStock. The provisions of this Section 7.5 6(e) shall similarly apply to successive dividends or distributions of the character specified above.

Appears in 3 contracts

Samples: Industrial Tech Acquisitions II, Inc., Industrial Tech Acquisitions II, Inc., Industrial Tech Acquisitions II, Inc.

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Other Dividends. In case the Company at any time pays a dividend or makes a distribution on its Common Stock Ordinary Shares (other than a dividend or distribution in shares of Common StockOrdinary Shares), the Holder shall have the right thereafter to receive upon the exercise of this any Warrant, in addition to the shares of Common Stock Ordinary Shares deliverable upon such exercise, the cash or kind and amount of other securities and property which the Holder would have been entitled to receive if the Holder had exercised this that Warrant immediately prior to the record date for the determination of stockholders entitled to receive such dividend or distribution. The amount of any such other securities and property which the Holder shall thereafter be entitled to receive upon the exercise of this a Warrant shall be subject to adjustment from time to time, in a manner and on terms as nearly equivalent as practicable to those contained herein with respect to the Common Stock Ordinary Shares of the Company. The provisions of this Section 7.5 6.5 shall similarly apply to successive dividends or distributions of the character specified above.

Appears in 1 contract

Samples: Genius Sports LTD

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