Common use of Splits and Subdivisions; Dividends Clause in Contracts

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 28 contracts

Samples: Underwriting Agreement (TFF Pharmaceuticals, Inc.), Underwriter Warrant (TFF Pharmaceuticals, Inc.), Underwriter Warrant (TFF Pharmaceuticals, Inc.)

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Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate while this Warrant remains outstanding and unexpired effect or fix a record date for the effectuation of a split or subdivision of the outstanding shares of its Common Stock or pay the determination of the holders of Common Stock entitled to receive a dividend in or make a other distribution payable in additional shares of Common Stock or other securitiessecurities or warrants, options or other rights convertible into, or entitling the holder thereof to receive, receive directly or indirectly, additional shares of Common Stock (hereinafter referred to as the “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable such record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Warrant Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 9 contracts

Samples: Convertible Note and Warrant Purchase Agreement, Organicell Regenerative Medicine, Inc., Organicell Regenerative Medicine, Inc.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or any capital stock or other securities, security of the Company that is at any time and under any circumstances directly or rights indirectly convertible into, exercisable or entitling exchangeable for, or which otherwise entitles the holder thereof to receiveacquire, directly any capital stock or indirectlyother security of the Company (including, additional shares of without limitation, Common Stock Stock) (hereinafter referred to as “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 7 contracts

Samples: Securities Purchase Agreement (Blackboxstocks Inc.), Securities Purchase Agreement (Blackboxstocks Inc.), Blackboxstocks Inc.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated. Notwithstanding the foregoing or anything else to the contrary herein, in no event shall the per share Exercise Price be reduced below the par value of one Common Share or of such other securities as may be issued upon exercise of the Warrant.

Appears in 5 contracts

Samples: Placement Agent Warrant (HeartBeam, Inc.), Placement Agent Warrant (HeartBeam, Inc.), Underwriter Warrant (Movano Inc.)

Splits and Subdivisions; Dividends. In the event the Company should at any time time, or from time to time effectuate time, fix a record date for the effectuation of a split or subdivision of the outstanding shares of Common Stock or pay the determination of the holders of Common Stock entitled to receive a dividend in or make a other distribution payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, receive directly or indirectly, additional shares of Common Stock (hereinafter referred to as the “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable such record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Warrant Price shall be appropriately decreased and the number of shares of Warrant Shares Stock shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 5 contracts

Samples: Securities Purchase Agreement (ARYx Therapeutics, Inc.), Securities Purchase Agreement (Targeted Genetics Corp /Wa/), Targeted Genetics Corp /Wa/

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock Ordinary Shares or pay a dividend in or make a distribution payable in additional shares of Common Stock Ordinary Shares or other securities, securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock Ordinary Shares (hereinafter referred to as the Common Stock Ordinary Share Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock Ordinary Shares or Common Stock Ordinary Shares Equivalents (including the additional shares of Common Stock Ordinary Shares issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 4 contracts

Samples: Warrant (Tri-Tech Holding, Inc.), Warrant (Tri-Tech Holding, Inc.), Golden Green Enterprises Ltd.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, receive directly or indirectly, indirectly additional shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 4 contracts

Samples: Dealer Manager Warrant (Usa Technologies Inc), Dealer Manager Warrant (Pro Pharmaceuticals Inc), Dealer Manager Warrant (Usa Technologies Inc)

Splits and Subdivisions; Dividends. In the event If the Company should at any time effect or from time to time effectuate --------------------------------- fix a record date for the effectuation of a split or subdivision of the outstanding shares of Common Stock or pay the determination of the holders of Common Stock entitled to receive a dividend in or make a other distribution payable in additional shares of Common Stock or other securitiessecurities or warrants, options or other rights convertible into, or entitling the holder thereof to receive, receive directly or indirectly, additional shares of Common Stock (hereinafter referred to as "Common Stock Equivalents") without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable such record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price purchase price shall be appropriately decreased and the number of Warrant Shares shares of Common Stock issuable upon exercise hereof shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 2 contracts

Samples: Escrow Agreement (Paradigm Genetics Inc), Paradigm Genetics Inc

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate fix a record date for the effectuation of a split or subdivision of the outstanding shares of Common Stock or pay the determination of the holders of Common Stock entitled to receive a dividend in or make a other distribution payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, receive directly or indirectly, additional shares of Common Stock (hereinafter referred to as the "Common Stock Equivalents") without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable such record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Warrant Price shall be appropriately decreased and the number of shares of Warrant Shares Stock shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment the aggregate purchase price shall not be made in the event the split, subdivision, dividend or distribution is not effectuatedadjusted.

Appears in 2 contracts

Samples: License Agreement (Corixa Corp), License Agreement (Corixa Corp)

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as the “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 2 contracts

Samples: Warrant (Gulfstream International Group Inc), InterMetro Communications, Inc.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time (a) effectuate a split or subdivision of the outstanding shares of Common Stock or Stock, (b) pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, securities that are convertible or rights convertible into, exchangeable or entitling the holder thereof to receive, directly or indirectly, additional exercisable into shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”), or (c) issue by reclassification of its Common Stock any other capital stock of the Company, in each case without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split split, subdivision or subdivision reclassification if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend dividend, distribution or distribution reclassification is not effectuated. The adjustment pursuant to this Section 4.2 shall be made successively each time that any event listed in this Section 4.2 above shall occur.

Appears in 2 contracts

Samples: Warrant (Americredit Corp), Americredit Corp

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or any capital stock or other securities, security of the Company that is at any time and under any circumstances directly or rights indirectly convertible into, exercisable or entitling exchangeable for, or which otherwise entitles the holder thereof to receiveacquire, directly any capital stock or indirectlyother security of the Company (including, additional shares of without limitation, Common Stock Stock) (hereinafter referred to as “"Common Stock Equivalents") without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 2 contracts

Samples: Peekay Boutiques, Inc., Peekay Boutiques, Inc.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as the "Common Stock Equivalents") without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Orchids Paper Products CO /DE

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable on the outstanding Common Stock that is payable, in each case, in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as the "Common Stock Equivalents") without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Cel Sci Corp

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Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock Shares or pay a dividend in or make a distribution payable in additional shares of Common Stock Shares or any capital stock or other securities, security of the Company that is at any time and under any circumstances directly or rights indirectly convertible into, exercisable or entitling exchangeable for, or which otherwise entitles the holder thereof to receiveacquire, directly any capital stock or indirectlyother security of the Company (including, additional shares of Common Stock without limitation, Shares) (hereinafter referred to as Common Stock Shares Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock Shares or Common Stock Shares Equivalents (including the additional shares of Common Stock Shares issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Green Solutions China, Inc.

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”the "COMMON STOCK EQUIVALENTS") without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Coffee Holding Co Inc

Splits and Subdivisions; Dividends. In the event If the Company should at any time effect or from time to time effectuate fix a record date for the effectuation of a split or subdivision subdivisions of the outstanding shares of Common Stock or pay the determination of the holders of Common Stock entitled to receive a dividend in or make a other distribution payable in additional shares of Common Stock or other securitiessecurities or warrants, options or other rights convertible into, or entitling the holder thereof to receive, receive directly or indirectly, additional shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable such record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Warrant Price shall be appropriately decreased decreased, and the number of Warrant Shares shares of Common Stock issuable upon exercise hereof shall be appropriately increased appropriate increased, in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Avalon Pharmaceuticals Inc

Splits and Subdivisions; Dividends. In the event If the Company should at any time effect or from time to time effectuate fix a record date for the effectuation of a split or subdivision of the outstanding shares of Common Stock or pay the determination of the Holders of Common Stock entitled to receive a dividend in or make a other distribution payable in additional shares of Common Stock or other securitiessecurities or warrants, options or other rights convertible into, or entitling the holder Holder thereof to receive, receive directly or indirectly, additional shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”) without payment of any consideration by such holder Holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable such record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Warrant Price shall be appropriately decreased and the number of Warrant Shares shares of Common Stock issuable upon exercise hereof shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Codexis Inc

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Underwriter Warrant (Uni-Pixel)

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution distribution, payable in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, receive directly or indirectly, additional shares of Common Stock (hereinafter referred to as the "Common Stock Equivalents") without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof) except as otherwise provided for in this Section 4 (and excluding, for the avoidance of doubt, cash dividends or distributions to the holders of Common Stock, paid out of current or retained earnings and declared by the Company's board of directors), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the splitspilt, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: United Financial Mortgage Corp

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock or pay a dividend in or make a distribution payable on the outstanding Common Stock that is payable, in each case, in additional shares of Common Stock or other securities, securities or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock (hereinafter referred to as the “Common Stock Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock or Common Stock Equivalents (including the additional shares of Common Stock issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Warrant (Acorn Energy, Inc.)

Splits and Subdivisions; Dividends. In the event the Company should at any time or from time to time effectuate a split or subdivision of the outstanding shares of Common Stock Ordinary Shares or pay a dividend in or make a distribution payable in additional shares of Common Stock Ordinary Shares or other securities, or rights convertible into, or entitling the holder thereof to receive, directly or indirectly, additional shares of Common Stock Ordinary Shares (hereinafter referred to as “Common Stock Ordinary Shares Equivalents”) without payment of any consideration by such holder for the additional shares of Common Stock Ordinary Shares or Common Stock Ordinary Shares Equivalents (including the additional shares of Common Stock Ordinary Shares issuable upon conversion or exercise thereof), then, as of the applicable record date (or the date of such distribution, split or subdivision if no record date is fixed), the per share Exercise Price shall be appropriately decreased and the number of Warrant Shares shall be appropriately increased in proportion to such increase (or potential increase) of outstanding shares; provided, however, that no adjustment shall be made in the event the split, subdivision, dividend or distribution is not effectuated.

Appears in 1 contract

Samples: Underwriter Warrant (CBD Energy LTD)

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