Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder payable in the same class or series of capital stock, or (ii) make any other distribution of capital stock with respect to its capital stock (except any distribution specifically provided for in Sections 4(a) and 4(b)), then the Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Concentric Network Corp), Note and Warrant Purchase Agreement (Concentric Network Corp)
Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital common stock issuable hereunder payable in the same class or series of capital stock, or (ii) make any other distribution of capital common stock with respect to its capital common stock (except any distribution specifically provided for in Sections 4(a) and 4(b)), then the Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Nextlink Communications Inc/New), Series a Convertible Preferred Stock Purchase Agreement (Futurelink Corp)
Stock Dividends and Other Distributions. If the Company at --------------------------------------- any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder Common Stock payable in the same class or series of capital stockCommon Stock, or (ii) make any other distribution of capital stock with respect to its capital stock Common Stock (except any distribution specifically provided for in Sections Section 4(a) and or Section 4(b))) hereof) of Common ------------ ------------ Stock, then the Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Samples: Warrant Agreement (Video Update Inc)
Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder Common Stock payable in the same class or series of capital stockCommon Stock, or (ii) make any other distribution of capital stock with respect to its capital stock Common Stock (except any distribution specifically provided for in Sections 4(athe foregoing SECTION 4(A) and 4(bor SECTION 4(B))) of Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the then applicable Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder Common Stock payable in the same class or series of capital stockCommon Stock, or (ii) make any other distribution of capital stock Common Stock with respect to its capital stock Common Stock which does not require the holder to pay any consideration prior to receiving such distribution of Common Stock (except any distribution specifically provided for in Sections 4(a) and 4(b)), then the Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distributiondistribution becomes effective, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Samples: Warrant Agreement (Integrated Packaging Assembly Corp)
Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder Common Stock payable in the same class or series of capital stockCommon Stock, or (ii) make any other distribution of capital stock with respect to its capital stock Common Stock (except any distribution specifically provided for in Sections 4(athe foregoing SECTION 4(b) and 4(bSECTION 4(c))) of Common Stock, then the Warrant Price Price(s) shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the then applicable Warrant Price Price(s) in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder Common Stock payable in the same class or series of capital stockCommon Stock, or (ii) make any other distribution of capital stock with respect to its capital stock Common Stock (except any distribution specifically provided for in Sections Section 4(a) and or Section 4(b))) hereof) of Common Stock, then the ------------ ------------ Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Samples: Warrant Agreement (Video Update Inc)
Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder Common Stock payable in the same class or series of capital stockCommon Stock, or (ii) make any other distribution of capital stock with respect to its capital stock Common Stock (except any distribution specifically provided for in Sections Section 4(a) and or Section 4(b))) hereof) of Common Stock, then the ------------ ------------ the Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Samples: Warrant Agreement (Video Update Inc)
Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to its capital stock issuable hereunder payable in the same class or series of capital stock, or (ii) make any other distribution of capital stock with respect to its capital stock (except any distribution specifically provided for in Sections 4(a6(a) and 4(b6(b)), then the Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of the applicable class or series of capital stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of such class or series of capital stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Concentric Network Corp)