Common use of Share Dividends; Split Ups Clause in Contracts

Share Dividends; Split Ups. If after the date hereof, the number of outstanding shares of Common Stock is increased by a share dividend payable in shares of Common Stock, or by a split up of Common Stock, or other similar event, then, on the effective date of such share dividend, split up or similar event, the number of shares of Common Stock issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock.

Appears in 2 contracts

Samples: Warrant Agreement (Nesco Holdings, Inc.), Warrant Agreement (Capitol Investment Corp. IV)

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Share Dividends; Split Ups. If after the date hereof, the number of outstanding shares of Common Stock Shares is increased by a share stock dividend payable in shares of Common StockShares, or by a split up of Common StockShares, or other similar event, then, on the effective date of such share stock dividend, split up or similar event, the number of shares of Common Stock Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Common StockShares.

Appears in 1 contract

Samples: Warrant Agreement (Above Food Ingredients Inc.)

Share Dividends; Split Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding shares of Common Stock is increased by a share dividend payable in shares of Common Stock, or by a split up of Common Stock, or other similar event, then, on the effective date of such share dividend, split up or similar event, the number of shares of Common Stock issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock.

Appears in 1 contract

Samples: Warrant Agreement (Velocity Portfolio Group Inc)

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Share Dividends; Split Ups. If after the date hereof, and subject to the provisions of Section 4.6 below, the number of outstanding shares of Common Stock Shares is increased by a share stock dividend payable in shares of Common StockShares, or by a split up of Common StockShares, or other similar event, then, on the effective date of such share stock dividend, split up or similar event, the number of shares of Common Stock Shares issuable on exercise of each Warrant shall be increased in proportion to such increase in outstanding shares of Common StockShares.

Appears in 1 contract

Samples: Warrant Agreement (Above Food Ingredients Inc.)

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