Stock Dividends, Subdivision and Combination. In case at any time -------------------------------------------- or from time to time the Company shall: (i) take a record of the holders of its Preferred Stock of any series for the purpose of entitling them to receive a dividend payable in, or other distribution of, Preferred Stock, or (ii) subdivide its outstanding shares of Preferred Stock into a larger number of shares of Preferred Stock, or (iii) combine its outstanding shares of Preferred Stock into a smaller number of shares of Preferred Stock; then the number of shares of Preferred Stock comprising a Stock Unit immediately after the happening of any such event shall be adjusted so as to consist of the number of shares of Preferred Stock that a record holder of the number of shares of Preferred Stock comprising a Stock Unit immediately prior to the happening of such event would own or be entitled to receive after the happening of such event. The adjustments required by this subsection shall be made whenever and as often as any specified event requiring an adjustment shall occur.
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Samples: Investment Warrant (Webmd Inc), Warrant Agreement (Webmd Inc), Warrant Agreement (Webmd Inc)
Stock Dividends, Subdivision and Combination. In case at any time -------------------------------------------- or from time to time the Company shall:
(i) take a record of the holders of its Preferred Series D Stock of any series for the purpose of entitling them to receive a dividend payable in, or other distribution of, Preferred Series D Stock, or
(ii) subdivide its outstanding shares of Preferred Series D Stock into a larger number of shares of Preferred Series D Stock, or
(iii) combine its outstanding shares of Preferred Series D Stock into a smaller number of shares of Preferred Series D Stock; then the number of shares of Preferred Series D Stock comprising a Stock Unit immediately after the happening of any such event shall be adjusted so as to consist of the number of shares of Preferred Series D Stock that a record holder of the number of shares of Preferred Series D Stock comprising a Stock Unit immediately prior to the happening of such event would own or be entitled to receive after the happening of such event. The adjustments required by this subsection shall be made whenever and as often as any specified event requiring an adjustment shall occur.
Appears in 1 contract
Samples: Warrant Agreement (Webmd Inc)
Stock Dividends, Subdivision and Combination. In case at any -------------------------------------------- time -------------------------------------------- or from time to time the Company shall:
(i) take a record of the holders of its Preferred Common Stock of any series for the purpose of entitling them to receive a dividend payable in, or other distribution of, Preferred Common Stock, or
(ii) subdivide its outstanding shares of Preferred Common Stock into a larger number of shares of Preferred Common Stock, or
(iii) combine its outstanding shares of Preferred Common Stock into a smaller number of shares of Preferred Common Stock; then the number of shares of Preferred Series D Stock comprising a Stock Unit immediately after the happening of any such event shall be adjusted so as to consist of the number of shares of Preferred Series D Stock that a record holder of the number of shares of Preferred Series D Stock comprising a Stock Unit immediately prior to the happening of such event would own or be entitled to receive after the happening of such event. The adjustments required by this subsection shall be made whenever and as often as any specified event requiring an adjustment shall occur.
Appears in 1 contract
Samples: Warrant Agreement (Webmd Inc)
Stock Dividends, Subdivision and Combination. In case at any time -------------------------------------------- or from time to time the Company shall:
(i) take a record of the holders of its Preferred Common Stock of any series for the purpose of entitling them to receive a dividend payable in, or other distribution of, Preferred Stock, orCommon Stock of any series;
(ii) subdivide its outstanding shares of Preferred Common Stock of any series into a larger number of shares of Preferred Stock, Common Stock of any series; or
(iii) combine its outstanding shares of Preferred Common Stock of any series into a smaller number of shares of Preferred StockCommon Stock of any series; then the number of shares of Preferred Common Stock comprising a Stock Unit immediately after the happening of any such event shall be adjusted so as to consist of the number of shares of Preferred Common Stock that a record holder of the number of shares of Preferred Common Stock comprising a Stock Unit immediately prior to the happening of such event would own or be entitled to receive after the happening of such event. The adjustments required by this subsection shall be made whenever and as often as any specified event requiring an adjustment shall occur.
Appears in 1 contract