Common use of Share Adjustments Clause in Contracts

Share Adjustments. In the event that during the term of this Agreement, any reclassification, readjustment, or other change is declared or made in the capital structure of the Company, or any Option is exercised, all new substituted and additional shares, options, or other securities, issued or issuable to Pledgor by reason of any such change or exercise shall be delivered to and held by Foothill under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.

Appears in 4 contracts

Samples: Stock Pledge Agreement (Interact Commerce Corp), Security Agreement (Childrens Place Retail Stores Inc), Security Agreement Stock Pledge (International Remote Imaging Systems Inc /De/)

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Share Adjustments. In the event that during the term of this Agreement, any reclassification, readjustment, or other change is declared or made in the capital structure of the CompanyPledged Subsidiary, or any Option option is exercised, all new substituted and additional shares, options, or other securities, issued or issuable to Pledgor Debtor by reason of any such change or exercise shall be delivered to and held by Foothill Secured Party under the terms of this Agreement in the same manner as the Collateral Pledged Shares originally pledged hereunder.

Appears in 2 contracts

Samples: Security Agreement (Cherokee Inc), Security Agreement (Cherokee Inc)

Share Adjustments. In the event that during the term of this Agreement, any reclassification, readjustment, or other change is declared or made in the capital structure of the Companyany Corporation, or any Option is exercised, all new substituted and additional shares, options, or other securities, issued or issuable to Pledgor by reason of any such change or exercise shall be delivered to and held by Foothill Agent under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.

Appears in 1 contract

Samples: Security Agreement (Eftc Corp/)

Share Adjustments. In the event that during the term of this Agreement, any reclassification, readjustment, or other change is declared or made in the capital structure of any of the CompanyCorporation, or any Option is exercised, all new substituted and additional shares, options, or other securities, issued or issuable to Pledgor by reason of any such change or exercise shall be delivered to and held by Foothill Credit Facilitator under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.

Appears in 1 contract

Samples: Guaranty Security Agreement Stock Pledge (Gottschalks Inc)

Share Adjustments. In the event that during the term of this Agreement, any reclassification, readjustment, or other change is declared or made in the capital structure of the CompanyBorrower, or any Option is exercised, all new substituted and additional shares, options, or other securities, issued or issuable to Pledgor by reason of any such change or exercise shall be delivered to and held by Foothill under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.

Appears in 1 contract

Samples: Security Agreement (Incomnet Inc)

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Share Adjustments. In the event that during the term of this Agreement, Agreement any reclassification, readjustment, or other change is declared or made in the capital structure of the any Company, or any Option is exercised, all new substituted and additional shares, options, or other securities, issued or issuable to Pledgor by reason of any such change or exercise shall be delivered to and held by Foothill Pledgee under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.

Appears in 1 contract

Samples: Security Agreement Stock Pledge (RSL Communications PLC)

Share Adjustments. In the event that during the term of this Agreement, any reclassification, readjustment, or other change is declared or made in the capital structure of the Companyany Corporation, or any Option is exercised, all new substituted and additional shares, optionsOptions, or other securities, issued or issuable to Pledgor by reason of any such change or exercise shall be delivered to and held by Foothill Agent under the terms of this Agreement in the same manner as the Collateral originally pledged hereunder.

Appears in 1 contract

Samples: Stock Pledge Agreement (Spansion Inc.)

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