Common use of Stock Dividends Clause in Contracts

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 13 contracts

Samples: Warrant to Purchase Common Stock (Magic Media Networks Inc), Warrant to Purchase Common Stock (Diatect International Corp), Warrant to Purchase Common Stock (Integrated Performance Systems Inc)

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Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 3.1 and Section 2.2 3.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 12 contracts

Samples: Warrant Agreement (Zero Gravity Solutions, Inc.), Warrant to Purchase Common Stock (American Security Resources Corp.), Warrant to Purchase Common Stock (Platina Energy Group Inc.)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 5.1 and Section 2.2 above)5.2) of, stock, then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders stockholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 8 contracts

Samples: Warrant Agreement (Intuity Medical, Inc.), Warrant Agreement (Intuity Medical, Inc.), Warrant Agreement (Intuity Medical, Inc.)

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares shares payable in Sharesshares, or make any other distribution of Shares shares with respect to Shares shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares outstanding immediately after such dividend or distribution.

Appears in 6 contracts

Samples: Warrant Agreement (Magic Media Networks Inc), Warrant to Purchase Common Stock (Material Technologies Inc /Ca/), Warrant to Purchase Common Stock (National Storm Management Inc.)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution shares of Shares with respect to Shares Preferred Stock (except any distribution specifically provided for in Section 2.1 the foregoing subparagraphs (a) and Section 2.2 above(b)), then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (a) the numerator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately after such dividend or distributiondistribution and the number of Shares subject to this Warrant shall be proportionately adjusted.

Appears in 4 contracts

Samples: Warrant Agreement (Epix Medical Inc), Warrant Agreement (Epix Medical Inc), Warrant Agreement (Epix Medical Inc)

Stock Dividends. If the Company, at any time while this Warrant warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 4 contracts

Samples: Warrant Agreement (Us Data Authority Inc), Warrant Agreement (Us Data Authority Inc), Warrant Agreement (Trinity Medical Group Inc)

Stock Dividends. If the Company, at any time while this Warrant is --------------- outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Warrant to Purchase Common Stock (Invicta Group Inc), Warrant Agreement (World Golf League Inc), Warrant to Purchase Common Stock (Invicta Group Inc)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares Common Stock payable in Sharesshares of Common Stock, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above)Common Stock of shares of Common Stock, then the Exercise Price shall be adjusted, effective from and after the date of determination of the shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Rock Creek Pharmaceuticals, Inc.), Common Stock Purchase Warrant (Rock Creek Pharmaceuticals, Inc.), Securities Purchase and Registration Rights Agreement (Rock Creek Pharmaceuticals, Inc.)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 4.1 and Section 2.2 above)4.2) of, stock, then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Warrant Agreement (Codexis Inc), Warrant Agreement (Codexis Inc), Warrant Agreement (Lightspan Partnership Inc)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 5.1 and Section 2.2 above)5.2) of, stock, then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders stockholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 3 contracts

Samples: Stock Purchase Warrant (Complete Genomics Inc), Warrant Agreement (Complete Genomics Inc), Warrant Agreement (Complete Genomics Inc)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution shares of Shares with respect to Shares Preferred Stock (except any distribution specifically provided for in Section 2.1 the foregoing subparagraphs (a) and Section 2.2 above(b)), then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (a) the numerator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares of Preferred Stock outstanding immediately after such dividend or distribution.distribution and the number of Shares subject to this

Appears in 3 contracts

Samples: Warrant Agreement (Ribogene Inc / Ca/), Warrant Agreement (Ribogene Inc / Ca/), Warrant Agreement (Ribogene Inc / Ca/)

Stock Dividends. If the Company, at any time while this Warrant is ---------------- outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 2 contracts

Samples: Warrant Agreement (Sequiam Corp), Warrant to Purchase Common Stock (World Golf League Inc)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares Common Stock payable in Shares, or make any other distribution of Shares with respect to Shares Common Stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 2 (a) and Section 2.2 above(b)), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distributiondividend, to that price determined by by, multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (a) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distributiondividend, and (b) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distributiondividend.

Appears in 2 contracts

Samples: Warrant Agreement (Ancor Communications Inc /Mn/), Warrant Agreement (Sun Microsystems Inc)

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Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in Section 2.1 the foregoing Sections 4.1 and Section 2.2 above)4.2) of, stock, then the Exercise Price shall be adjusted, effective from and after the date 4 of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, fraction (a1) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant Agreement (Lightspan Partnership Inc)

Stock Dividends. If the Company, Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Shares stock payable in Sharesin, or make any other distribution of Shares with respect to Shares stock (except any distribution specifically provided for in the foregoing Section 2.1 and Section 2.2 above)5.1) of, stock, then the Exercise Warrant Price shall be adjusted, effective from and after the date of determination of shareholders stockholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Warrant Price in effect immediately prior to such date of determination by a fraction, fraction (ai) the numerator of which shall be the total number of Shares shares of stock outstanding immediately prior to such dividend or distribution, and (bii) the denominator of which shall be the total number of Shares shares of stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Collaborative Research Agreement (Codexis Inc)

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Sharesshares of Common Stock, or make any other distribution of Shares with respect to Shares shares of Common Stock (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares of Common Stock outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant Agreement (Integrated Surgical Systems Inc)

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares shares payable in Sharesshares, or make any other distribution of Shares shares with respect to Shares shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant Agreement (National Storm Management Inc.)

Stock Dividends. If the Company, at any time while this Warrant is --------------- outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, . (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant to Purchase Common Stock (Thinka Weight Loss Corp)

Stock Dividends. If the Company, at any time while this Warrant warrant is outstanding shall pay a dividend with respect to its Shares shares payable in Sharesshares of its stock, or make any other distribution distributions of Shares shares with respect to Shares shares of its stock (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received receive such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant Agreement (Usa Technologies Inc)

Stock Dividends. If the Company, at any time while this Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 3.1 and Section 2.2 3.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.. _________ _________ Initials Initials

Appears in 1 contract

Samples: Warrant to Purchase Common Stock (Infinium Labs Inc)

Stock Dividends. If the Company, at any time while this ---------------- Warrant is outstanding shall pay a dividend with respect to its Shares payable in Shares, or make any other distribution of Shares with respect to Shares (except any distribution specifically provided for in Section 2.1 and Section 2.2 above), then the Exercise Price shall be adjusted, effective from and after the date of determination of shareholders entitled to received such dividend or distribution, to that price determined by multiplying the Exercise Price in effect immediately prior to such date of determination by a fraction, . (a) the numerator of which shall be the total number of Shares outstanding immediately prior to such dividend or distribution, and (b) the denominator of which shall be the total number of Shares outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant Agreement (Seven Charles C)

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