Special Stock Dividends Clause Samples

Special Stock Dividends. If at any time or from time to time, shares of any class of stock of the Corporation (other than Common Stock) are issued by way of a stock dividend on outstanding Common Stock, then, commencing with the day following the date fixed for the determination of holders of Common Stock entitled to receive the stock dividend, in addition to any shares of Common Stock receivable upon exercise of the Warrants, the Warrant Holder shall upon exercise of the Warrants be entitled to receive, as nearly as practicable, the same number of shares of dividend stock, plus any shares issued upon any subsequent change, replacement, subdivision, or combination of the stock dividend, to which the Warrant Holder would have been entitled if the Warrants would have been exercised immediately prior to the stock dividend. No adjustment in the Warrant Price shall be made by virtue of the happening of any event specified in this Subsection 4(d).

Special Stock Dividends. Subject to the rights of holders of any class or series of stock of the Company ranking, as to distributions and upon liquidation, senior to the Common Units, if any, for so long as the Registration Rights Agreement remains in effect: (a) Subject to Section 5.6(e) and Section 5.6(g), the Partnership shall pay to the holders of Class A Common Units Special Stock Dividends, in such form, in such amounts and at such times as may be required from time to time by the Registration Rights Agreement, which Special Stock Dividends shall cumulate and accrue on each outstanding Class A Common Unit, and shall remain accrued on outstanding Class A Common Units, as and to the extent provided from time to time by the Registration Rights Agreement. REIT Shares issuable upon payment of Special Stock Dividends shall be, when issued, validly issued, fully paid, outstanding, and non-assessable. (b) REIT Shares that are from time to time issuable upon payment of any accrued but unpaid Special Stock Dividends, whether or not declared (“PIK Common Shares”), are not outstanding REIT Shares, and holders of Class A Common Units upon which Special Stock Dividends have accrued shall have no rights as stockholders with respect to any PIK Common Shares until such shares are issued by the Company, including the power to transfer PIK Common Shares or, except as set expressly forth in Section 5.6(c), rights to vote or receive dividends or other distributions with respect to PIK Common Shares. (c) If any Special Stock Dividend is accrued upon any outstanding Class A Common Unit but has not been paid (regardless of whether such Special Stock Dividend has become payable) as of the record date for the determination of holders of Class A Common Units entitled to receive notice of, or vote at, any meeting of Partners or the determination of holders of Class A Common Units entitled to receive payment of any distribution (other than a Special Stock Dividend) or any other rights, or in order to make a determination of holders of Class A Common Units for any other proper purpose, each holder of a Class A Common Unit (including the Company) as of such record date shall have the right to vote, and the right to receive distributions with respect to the Class A Common Units (except Special Stock Dividends), as if such holder owned a number of additional Class A Common Units equal to the number of PIK Common Shares then issuable upon the payment of all Special Stock Dividends accrued but not paid on suc...

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Special Stock Dividends. If after the date of this Warrant, shares of any class of stock (other than Common Shares) are issued by way of a distribution on outstanding Common Shares, then, commencing with the day following the date fixed for the determination of the holders of Common Shares entitled to receive the distribution, in addition to any Common Shares receivable upon the exercise of this Warrant, the Warrant Holder, upon exercise of this Warrant, shall be entitled to receive, as nearly as practicable, the same number of shares, plus any shares issued upon any subsequent change, replacement, subdivision or combination of the distributed shares, to which the Warrant Holder would have been entitled to receive if this Warrant had been exercised immediately prior to the distribution. No adjustment in the Warrant Price shall be made merely by virtue of the happening of any event specified in this Section 3.03.

Special Stock Dividends. If prior to the termination of the Warrant by exercise or by its terms the Company issues shares of any class of the Company's stock (other than Common Stock) or securities convertible into shares of the Company's Common Stock by way of a stock dividend on outstanding Common Stock then commencing with the day following the date fixed for the determination of shareholders entitled to receive such stock dividend in addition to any share of Common Stock receivable upon exercise of the Warrant, the Warrantholder shall, upon such exercise of the Warrant, be entitled to receive, as nearly as practicable, the same number of shares such dividend stock, plus any shares issued upon any subsequent change, replacement, subdivision, or combination there ' of to which the Warrantholder would have been entitled had the Warrant been exercised prior to such stock dividend. No adjustment in the Exercise Price shall be made merely by virtue of the happening of any event specified in this Section 2.4.

Special Stock Dividends. If after the date hereof shares of any class of eWorld (other than Common Stock) are issued by way of a stock dividend on outstanding Common Stock, then, commencing with the day following the date fixed for the determination of holders of Common Stock entitled to receive such stock dividend, in addition to any shares of Common Stock receivable, Lender shall be entitled to receive its pro rata share of such stock dividend.