Common use of Stock Dividends and Other Distributions Clause in Contracts

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)

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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 Series D Preferred payable in the same class or series of capital stockSeries D Preferred, or (ii) make any other distribution of capital stock with respect to its capital stock Series D Preferred (except any distribution specifically provided for in Sections 4(a) and 4(b)), of Series D Preferred, 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 Series D Preferred 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 Series D Preferred outstanding immediately after such dividend or distribution.

Appears in 2 contracts

Samples: Zapme Corp, Zapme 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 Series Preferred payable in the same class or series of capital stockSeries Preferred, or (ii) make any other distribution of capital stock with respect to its capital stock Series Preferred (except any distribution specifically provided for in Sections 4(athe foregoing subparagraphs (a) and 4(b(b))) of Series Preferred, 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 Series Preferred 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 Series Preferred outstanding immediately after such dividend or distribution.

Appears in 2 contracts

Samples: Copper Mountain Networks Inc, Copper Mountain Networks 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 Series Preferred payable in the same class or series of capital stockSeries Preferred, or (ii) make any other distribution of capital stock with respect ` to its capital stock Series Preferred (except any distribution specifically provided for in Sections 4(a) and 4(b)), of Series Preferred, 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 Series Preferred 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 Series Preferred, outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Exelixis Inc

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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: Concentric Network Corp

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