Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination or reverse split of the outstanding shares of Common Stock, then on the effective date of such combination or reverse split, each applicable Conversion Price shall be appropriately increased so that the number of shares of Common Stock issuable on conversion of any shares of Preferred Stock or Series 1 Stock, shall be decreased in proportion to such decrease in outstanding shares of Common Stock.
Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant is decreased by a combination of the outstanding shares of Common Stock, then, on the effective date of such combination, the Exercise Price shall be proportionately increased and the number of shares of Common Stock issuable on exercise of this Warrant shall be decreased in proportion to such decrease in outstanding shares. Such adjustment shall become effective at the close of business on the date the combination becomes effective.
Reverse Stock Splits. If an Individual Stock is subject to a reverse stock split, then once the reverse stock split becomes effective, the Calculation Agent will adjust the Initial Price by multiplying the prior Initial Price by the number equal to (i) the number of shares of the Individual Stock outstanding immediately before the reverse stock split divided by (ii) the number of shares of the Individual Stock outstanding immediately after the reverse stock split. The Initial Price will not be adjusted, however, unless the reverse stock split becomes effective after the Trade Date and on or before the Coupon Payment Date for which the Individual Stock Returns will be determined.
Reverse Stock Splits. If a Basket Stock is subject to a reverse stock split, then the Calculation Agent will adjust its Share Ratio to equal the product of the prior number of shares and the quotient of (1) the number of outstanding shares of the relevant Basket Stock outstanding immediately after the reverse stock split becomes effective, divided by (2) the number of shares of the relevant Basket Stock outstanding immediately before the reverse stock split becomes effective.
Reverse Stock Splits. If at any time or from time to time after the Issue Date and while this Note, or any portion thereof, is outstanding, the number of shares of Common Stock is decreased by a combination (by reverse stock split or otherwise) of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price shall be appropriately adjusted and the Holder shall receive, in lieu of the Conversion Shares issuable on such conversion immediately prior to such effective date, the Common Shares or other capital stock to which the Holder would have been entitled if the Holder had so converted this Note immediately prior thereto, all subject to successive adjustments thereafter from time to time pursuant to, and in accordance with, the provisions of this Section 4.
Reverse Stock Splits. For a period of two (2) years from the Date of Closing the Company will not effect any reverse stock splits to delimit the number of shares of equity securities outstanding, except that the Company may effect a reverse stock split as required by the National Association of Securities Dealers, the American Stock Exchange or other national exchange or market in order to list any of the Company's shares on such exchange or market.
Reverse Stock Splits. In the event the Corporation should at any time or from time to time after the Original Issue Date, fix a record date for the effectuation of a reverse stock split, or a transaction having a similar effect on the number of outstanding shares of Common Stock of the Corporation, then, as of such record date (or the date of such reverse stock split or similar transaction if no record date is fixed), the number of Warrant Shares issuable upon the exercise hereof shall be proportionately decreased and the Exercise Price shall be appropriately increased by the same proportion as the decrease of the number of outstanding Common Stock Equivalents resulting from the reverse stock split or similar transaction.
Reverse Stock Splits. If an Individual Stock is subject to a reverse stock split (meaning a decrease in the number of the Individual Stock Issuer's outstanding shares of such Individual Stock without any change in its stockholders' equity), then once the reverse stock split becomes effective, the Calculation Agent will adjust the Initial Stock Price by multiplying the prior Initial Stock Price by the number equal to (i) the number of shares of the Individual Stock outstanding immediately before the reverse stock split becomes effective divided by (ii) the number of shares of the Individual Stock outstanding immediately after the reverse stock split becomes effective. The Initial Stock Price will not be adjusted, however, unless the reverse stock split becomes effective after the Trade Date and on or before the Valuation Date on which the Valuation Stock Price will be determined.
Reverse Stock Splits. Until the earlier of (a) the date that is three years after the Effective Date and (b) the date that the Major Stockholder and its Affiliates own less than 20% of all then outstanding Shares, the Major Stockholder shall, and shall cause its Affiliates to, refrain from proposing, initiating or entering into any transaction or series of related transactions with respect to the Company that would result in a reverse stock split of a ratio greater than or equal to 100 to 1.
Reverse Stock Splits. For a period of six (6) months after the Closing, and except to the extent necessary to meet the minimum bid price for listing on The Nasdaq National Market ("NASDAQ") or to maintain listing on the NASDAQ, for a period of six (6) months thereafter, the Company shall not effect any reverse stock split of the Common Stock.
