Common use of Stock Dividends, Recapitalization, Reclassification, Split Clause in Contracts

Stock Dividends, Recapitalization, Reclassification, Split. Ups. If, after the date hereof, and subject to the provisions of Section 6.2 below, the number of outstanding shares of Common Stock is increased by a stock dividend on the Common Stock payable in shares of Common Stock or by a split-up, recapitalization or reclassification of shares of Common Stock or other similar event, then, on the effective date thereof, the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase in outstanding shares.

Appears in 3 contracts

Samples: Global Telecommunication Solutions Inc, Global Telecommunication Solutions Inc, Global Telecommunication Solutions Inc

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Stock Dividends, Recapitalization, Reclassification, Split. Ups. If, If after the date hereof, and subject to the provisions of Section 6.2 6.3 below, the number of outstanding shares of Common Stock is increased by a stock dividend on the Common Stock payable in shares of Common Stock or by a split-up, recapitalization or reclassification of shares of Common Stock or other similar event, then, on the effective date thereof, the number of shares of Common Stock Shares issuable on exercise of this Warrant Purchase Option shall be increased in proportion to such increase in outstanding shares.

Appears in 2 contracts

Samples: Cross Z International Inc, Infodata Systems Inc

Stock Dividends, Recapitalization, Reclassification, Split. Ups. If, If after the date hereof, and subject to the provisions of Section 6.2 6.3 below, the number of outstanding shares of Common Stock is increased by a stock dividend on the Common Stock payable in shares of Common Stock or by a split-up, recapitalization or reclassification of shares of Common Stock or other similar eventevent that affects the corporate structure of the Company and the Common Stock of the Company, as a class, then, on the effective date thereof, the number of shares of Common Stock Shares issuable on exercise of this Warrant shall be increased in proportion to such increase in outstanding shares.

Appears in 2 contracts

Samples: Humascan Inc, Humascan Inc

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Stock Dividends, Recapitalization, Reclassification, Split. Ups. If, If after the date hereof, and subject to the provisions of Section 6.2 below, the number of outstanding shares of Common Preferred Stock is increased by a stock dividend on the Common Stock payable in shares of Common Stock or by a split-up, recapitalization or reclassification of shares of Common Preferred Stock or other similar event, then, on the effective date thereof, the number of shares of Common Preferred Stock issuable on upon exercise of this Warrant the Purchase Option shall be increased in proportion to such increase in outstanding shares.shares of Preferred Stock. 6.1.2

Appears in 1 contract

Samples: Purchase Option (Giant Motorsports Inc)

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