Common use of Stock Dividends, Splits, Etc Clause in Contracts

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend on the outstanding shares of the Class payable in common stock or other securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The Company or its successor shall promptly issue to the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind of such new securities or other property issuable upon exercise or conversion of this Warrant as a result of such stock dividend, subdivision, combination or consolidation by reclassification or otherwise or other event that results in a change to the number and/or class of securities issuable upon exercise or conversion of this Warrant. The provisions of this Article 2.1 shall similarly apply to successive stock dividends, subdivisions, combinations, consolidations or other events.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Alkermes Plc.), Purchase and Sale Agreement (Recro Pharma, Inc.), Recro Pharma, Inc.

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Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in common stock or other securitiessecurities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities to and property which Holder would have been entitled received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The 2.2 Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding shares of the Class are reclassified, exchanged, combined, substituted, or replaced for, into, with or by Company or its successor shall promptly issue to securities of a different class and/or series, then from and after the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind consummation of such new securities or other property issuable upon exercise or conversion of event, this Warrant will be exercisable for the number, class and series of Company securities that Holder would have received had the Shares been outstanding on and as a result of the consummation of such stock dividendevent, subdivision, combination or consolidation by reclassification or otherwise or other event that results and subject to further adjustment thereafter from time to time in a change to accordance with the number and/or class of securities issuable upon exercise or conversion provisions of this Warrant. The provisions of this Article 2.1 Section 2.2 shall similarly apply to successive stock dividendsreclassifications, subdivisionsexchanges, combinationscombinations substitutions, consolidations replacements or other similar events.. 2.3

Appears in 4 contracts

Samples: CVRx, Inc., CVRx, Inc., CVRx, Inc.

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend on the outstanding shares of the Class payable in common stock Common Stock or other securitiessecurities after the date hereof, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend occurred. If the Company subdivides the outstanding shares of the Class after the date hereof by reclassification or otherwise into a greater number of sharesshares or takes any other action after the date hereof which increases the amount of Common Stock into which the one share of the Class is convertible, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, after the date hereof into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The Company or its successor shall promptly issue to the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind of such new securities or other property issuable upon exercise or conversion of this Warrant as a result of such stock dividend, subdivision, combination or consolidation by reclassification or otherwise or other event that results in a change to the number and/or class of securities issuable upon exercise or conversion of this Warrant. The provisions of this Article 2.1 shall similarly apply to successive stock dividends, subdivisions, combinations, consolidations or other events.

Appears in 3 contracts

Samples: BG Medicine, Inc., BG Medicine, Inc., BG Medicine, Inc.

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in common stock or other securitiessecurities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities to and property which Holder would have been entitled received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The 2.2 Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding shares of the Class are reclassified, exchanged, combined, substituted, or replaced for, into, with or by Company or its successor shall promptly issue to securities of a different class and/or series, then from and after the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind consummation of such new securities or other property issuable upon exercise or conversion of event, this Warrant will be exercisable for the number, class and series of Company securities that Holder would have received had the Shares been outstanding on and as a result of the consummation of such stock dividendevent, subdivision, combination or consolidation by reclassification or otherwise or other event that results and subject to further adjustment thereafter from time to time in a change to accordance with the number and/or class of securities issuable upon exercise or conversion provisions of this Warrant. The provisions of this Article 2.1 Section 2.2 shall similarly apply to successive stock dividendsreclassifications, subdivisionsexchanges, combinations, consolidations substitutions, replacements or other similar events.. 2.3

Appears in 2 contracts

Samples: CVRx, Inc., CVRx, Inc.

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend on the outstanding shares of the Class Shares payable in common stock stock, or other securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend occurred. If the Company subdivides the outstanding shares of the Class Shares by reclassification or otherwise into a greater number of sharesshares or takes any other action which increase the amount of stock into which the Shares are convertible, the number of Shares shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased, but the aggregate purchase price payable for the total number of shares purchasable under this Warrant (as adjusted) shall remain the same. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased (but the aggregate purchase price payable for the total number of Shares purchasable under this Warrant, as adjusted, shall remain the same), and the number of Shares shall be proportionately decreased. The Company or its successor shall promptly issue to the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind of such new securities or other property issuable upon exercise or conversion of this Warrant as a result of such stock dividend, subdivision, combination or consolidation by reclassification or otherwise or other event that results in a change to the number and/or class of securities issuable upon exercise or conversion of this Warrant. The provisions of this Article 2.1 shall similarly apply to successive stock dividends, subdivisions, combinations, consolidations or other events.

Appears in 2 contracts

Samples: Loan and Security Agreement (North American Scientific Inc), Loan and Security Agreement (North American Scientific Inc)

Stock Dividends, Splits, Etc. If the Company at any time or from time to time prior to the Expiration Date declares or pays a dividend on the outstanding shares of the Class payable in common stock Common Stock or other securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend occurred. If the Company at any time or from time to time prior to the Expiration Date subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares purchasable hereunder shall be proportionately decreased. The Company or its successor shall promptly issue to the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind of such new securities or other property issuable upon exercise or conversion of this Warrant as a result of such stock dividend, subdivision, combination or consolidation by reclassification or otherwise or other event that results in a change to the number and/or class of securities issuable upon exercise or conversion of this Warrant. The provisions of this Article 2.1 shall similarly apply to successive stock dividends, subdivisions, combinations, consolidations or other events.

Appears in 2 contracts

Samples: Amyris, Inc., Cryocor Inc

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in common stock or other securitiessecurities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, unless the conversion ratio of the Class already reflects such event for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities to and property which Holder would have been entitled received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The Company or its successor shall promptly issue to the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind of such new securities or other property issuable upon exercise or conversion of Any adjustment under this Warrant as a result of such stock dividend, subdivision, combination or consolidation by reclassification or otherwise or other event that results in a change to the number and/or class of securities issuable upon exercise or conversion of this Warrant. The provisions of this Article Section 2.1 shall similarly apply to successive stock dividends, subdivisions, combinations, consolidations become effective at the close of business on the date the subdivision or other eventscombination becomes effective.

Appears in 1 contract

Samples: Alliqua BioMedical, Inc.

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Stock Dividends, Splits, Etc. If the Company declares or pays a dividend on the outstanding shares of the Class payable in common stock or other securities, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The Company or its successor shall promptly issue to the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind of such new securities or other property issuable upon exercise or conversion of this Warrant as a result of such stock dividend, subdivision, combination or consolidation by reclassification or otherwise or other event that results in a change to the number and/or class of securities issuable upon exercise or conversion of this Warrant. The provisions of this Article 2.1 shall similarly apply to successive stock dividends, subdivisions, combinations, consolidations or other events. CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY [***] HAS BEEN OMITTED BECAUSE IT IS NOT MATERIAL AND WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Baudax Bio, Inc.)

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class Common Stock payable in common stock securities or property (other securitiesthan cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities to and property which Holder would have been entitled received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Common Stock by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class Common Stock are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The 2.2 Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding shares of the Common Stock are reclassified, exchanged, combined, substituted, or replaced for, into, with or by Company or its successor shall promptly issue to securities of a different class and/or series, then from and after the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind consummation of such new securities or other property issuable upon exercise or conversion of event, this Warrant will be exercisable for the number, class and series of Company securities that Holder would have received had the Shares been outstanding on and as a result of the consummation of such stock dividendevent, subdivision, combination or consolidation by reclassification or otherwise or other event that results and subject to further adjustment thereafter from time to time in a change to accordance with the number and/or class of securities issuable upon exercise or conversion provisions of this Warrant. The provisions of this Article 2.1 Section 2.2 shall similarly apply to successive stock dividendsreclassifications, subdivisionsexchanges, combinationscombinations substitutions, consolidations replacements or other similar events.. 2.3

Appears in 1 contract

Samples: Alpine Immune Sciences, Inc.

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class payable in common stock additional shares of the Class or other securitiessecurities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without additional cost to Holder, the total number and kind of securities to and property which Holder would have been entitled received had Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class by reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Price shall be proportionately decreased. If the outstanding shares of the Class are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The 2.2 Reclassification, Exchange, Combinations or Substitution. Upon any event whereby all of the outstanding shares of the Class are reclassified, exchanged, combined, substituted, or replaced for, into, with or by Company or its successor shall promptly issue to securities of a different class and/or series, then from and after the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind consummation of such new securities or other property issuable upon exercise or conversion of event, this Warrant will be exercisable for the number, class and series of Company securities that Holder would have received had the Shares been outstanding on and as a result of the consummation of such stock dividendevent, subdivision, combination or consolidation by reclassification or otherwise or other event that results and subject to further adjustment thereafter from time to time in a change to accordance with the number and/or class of securities issuable upon exercise or conversion provisions of this Warrant. The provisions of this Article 2.1 Section 2.2 shall similarly apply to successive stock dividendsreclassifications, subdivisionsexchanges, combinations, consolidations substitutions, replacements or other similar events.

Appears in 1 contract

Samples: EBR Systems, Inc.

Stock Dividends, Splits, Etc. If the Company declares or pays a dividend or distribution on the outstanding shares of the Class Common Stock payable in common stock shares of Common Stock or other securitiessecurities or property (other than cash), then upon exercise of this Warrant, for each Share acquired, the Holder shall receive, without additional cost to the Holder, the total number and kind of securities to and property which the Holder would have been entitled received had the Holder owned the Shares of record as of the date the dividend or distribution occurred. If the Company subdivides the outstanding shares of the Class Common Stock, by any stock split, recapitalization, reclassification or otherwise into a greater number of shares, the number of Shares purchasable hereunder shall be proportionately increased and the Warrant Exercise Price shall be proportionately decreased. If the outstanding shares of the Class Common Stock are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Exercise Price shall be proportionately increased and the number of Shares shall be proportionately decreased. The Company Any adjustment under this Section 2.1 shall become effective as of (i) in the case of any such dividend or its successor shall promptly issue distribution, the Close of Business on the record date for the determination of any such dividend or distribution, and (ii) in the case of any such subdivision or combination, the Close of Business immediately prior to the Holder a certificate pursuant to Article 2.6 below setting forth the number and kind of day upon which such new securities subdivision or other property issuable upon exercise or conversion of this Warrant as a result of such stock dividend, subdivision, combination or consolidation by reclassification or otherwise or other event that results in a change to the number and/or class of securities issuable upon exercise or conversion of this Warrant. The provisions of this Article 2.1 shall similarly apply to successive stock dividends, subdivisions, combinations, consolidations or other eventsbecomes effective.

Appears in 1 contract

Samples: Toast, Inc.

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