Stock Dividends, Distributions or Subdivisions. In the event Debtor shall issue Additional Shares of Common pursuant to a stock dividend, stock distribution or subdivision on shares of Common Stock, the Issuance Date Conversion Price in effect immediately prior to such stock dividend, stock distribution or subdivision shall concurrently with such stock dividend, stock distribution or subdivision, be proportionately decreased.
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Samples: Convertible Note Agreement (Argyle Security, Inc.), Convertible Note (Mezzanine Management LTD)
Stock Dividends, Distributions or Subdivisions. In the event Debtor the Borrower shall issue Additional Shares of Common Stock pursuant to a stock dividend, stock distribution or subdivision on shares of Common Stocksubdivision, the Issuance Date Conversion Price in effect immediately prior to such stock dividend, stock distribution or subdivision shall concurrently with such stock dividend, stock distribution or subdivision, be proportionately decreased.
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Stock Dividends, Distributions or Subdivisions. In the event Debtor shall issue Additional Shares of Common pursuant to a stock dividend, stock distribution or subdivision on shares of Common Stock, the Issuance Date Conversion Price in effect immediately prior to such stock dividend, stock distribution or subdivision shall concurrently with such stock dividend, stock distribution or subdivision, be proportionately decreased.
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