Participation in Dividends. Notwithstanding anything herein to the contrary, no adjustment to the Conversion Price will be made under Section 5(h)(ii) to the extent that the holders of Series A Preferred or Series B Preferred, as applicable, participate in any such distribution on an as-converted basis based on the number of shares of Common Stock into which such shares are then convertible.
Participation in Dividends. If the Corporation declares or makes any dividend to holders of Common Stock other than a distribution or issuance occurring on connection with an adjustment under Section VI.A, then, after the date of record for determining shareholders entitled to such dividend (on an “as converted” basis as if it was an Optional Conversion, assuming all Series A-1 Preferred Stock had been converted into Common Stock immediately prior to the dividend declaration date), the Holders shall be entitled to receive the amount of such dividends which would have been payable to the Holder had the Holder been the holder of such shares of Common Stock immediately prior to the record date for the determination of shareholders entitled to such dividend.
Participation in Dividends. The Escrowed Shares shall be considered to be issued and outstanding stock of the Company and shall enjoy all dividend privileges accorded to all other issued and outstanding shares of the same class. Any dividends paid on the Escrowed Shares shall be paid to the Escrow Agent and shall be held pursuant to the terms of this Agreement. The Escrow Agent shall treat such dividends as assets available for distribution as provided under paragraph 6 below. All cash dividends held in escrow shall be invested at the written direction of the promoters in a money market account in accordance with the terms set forth on Exhibit A attached hereto and shall bear interest at the Escrow Agent's prevailing rate of interest on such accounts. The cash dividends and any interest earned thereon will be disbursed when the Escrowed Shares are released from the escrow.
Participation in Dividends. The Warrantholder, as the holder of this Warrant, prior to exercise of this Warrant shall not be entitled to receive any dividends paid and distributions of any kind (including (a) cash or any other property or securities, or (b) any rights, options or warrants to subscribe for or purchase any of the foregoing) made to the holders of Common Stock, other than pursuant to this Section 15.
Participation in Dividends. The holders of Exchangeable Shares will be entitled to participate in all dividends declared by Exchangeco, in accordance with the provisions of the Exchangeable Share Provisions and the Support Agreement.
