Common use of Stock Splits and Reverse Stock Splits Clause in Contracts

Stock Splits and Reverse Stock Splits. In case at any time the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Akorn Inc), Convertible Bridge Loan and Warrant Agreement (Akorn Inc), Common Stock Purchase Warrant (Akorn Inc)

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Stock Splits and Reverse Stock Splits. In case If at any time on or after the date hereof the Company shall subdivide its outstanding shares of Common Warrant Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of shares of Warrant Shares purchasable pursuant to this Stock receivable upon exercise of the Warrant immediately prior to such subdivision shall thereby be proportionately increased; and, and conversely, in case if at any time on or after the Company shall combine its date hereof the outstanding number of shares of Common Warrant Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of shares of Warrant Shares purchasable Stock receivable upon the exercise of this the Warrant immediately prior to such combination shall thereby be proportionately reduceddecreased.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Sportsnuts Com International Inc), Agreement and Plan of Reorganization (Sportsnuts Com International Inc), Agreement and Plan of Reorganization (Sportsnuts Com International Inc)

Stock Splits and Reverse Stock Splits. In case If at any time on or after the date hereof the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Warrant Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares purchasable pursuant to shares receivable upon exercise of this Warrant immediately prior to such subdivision shall thereby be proportionately increased; and, and conversely, in case if at any time on or after the Company shall combine its date hereof the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Warrant Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable shares receivable upon the exercise of this Warrant immediately prior to such combination shall thereby be proportionately reduceddecreased.

Appears in 3 contracts

Samples: Stock Purchase Warrant (Regado Biosciences Inc), High Speed Net Solutions Inc, High Speed Net Solutions Inc

Stock Splits and Reverse Stock Splits. In case at any time If the Company shall ------------------------------------- subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision and Designated Value shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision issuable upon exercise of the Warrants represented hereby shall be proportionately increased, and conversely, in case at any time . If the Company shall combine its the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination and Designated Value shall be proportionately increased and the number of Warrant Shares purchasable issuable upon the exercise of this Warrant immediately prior to such combination the Warrants represented hereby shall be proportionately reduceddecreased.

Appears in 2 contracts

Samples: Warrant Agreement (Hob Entertainment Inc /De/), Warrant Agreement (Hob Entertainment Inc /De/)

Stock Splits and Reverse Stock Splits. In case If at any time on or after the Company date hereof the Corporation shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Option Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shares receivable upon exercise of the Option shall thereby be proportionately increased; and, and conversely, in case if at any time on or after the Company shall combine its date hereof the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Option Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable shares receivable upon the exercise of this Warrant immediately prior to such combination the Option shall hereby be proportionately reduceddecreased.

Appears in 1 contract

Samples: Stock Option Agreement (Pre Paid Legal Services Inc)

Stock Splits and Reverse Stock Splits. In case If at any time on or after the date hereof the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Option Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shares receivable upon exercise of the Option shall thereby be proportionately increased; and, and conversely, in case if at any time on or after the Company shall combine its date hereof the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Option Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable shares receivable upon the exercise of this Warrant immediately prior to such combination Option shall thereby be proportionately reduceddecreased.

Appears in 1 contract

Samples: Liberate Technologies

Stock Splits and Reverse Stock Splits. In case at any time If the Company shall ------------------------------------- subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares purchasable pursuant to receivable upon exercise of this Warrant immediately prior to such subdivision shall thereby be proportionately increased; and, and conversely, in case at any time if the Company shall combine its outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable receivable upon the exercise of this the Warrant immediately prior to such combination shall be proportionately reduceddecreased.

Appears in 1 contract

Samples: Aderis Pharmaceuticals Inc

Stock Splits and Reverse Stock Splits. In case If at any time on or after the date hereof the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Warrant Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of shares receivable upon exercise of the Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall thereby be proportionately increased; and, and conversely, in case if at any time on or after the Company shall combine its date hereof the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Warrant Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable shares receivable upon the exercise of this the Warrant immediately prior to such combination shall thereby be proportionately reduceddecreased.

Appears in 1 contract

Samples: Cash Systems Inc

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Stock Splits and Reverse Stock Splits. In case If at any time on or after the date hereof, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Warrant Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of shares receivable upon exercise of the Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall thereby be proportionately increased; and, and conversely, in case if at any time on or after the Company shall combine its date hereof the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Warrant Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable shares receivable upon the exercise of this Warrant immediately prior to such combination shall thereby be proportionately reduceddecreased.

Appears in 1 contract

Samples: Visx Inc

Stock Splits and Reverse Stock Splits. In case If at any time after the ------------------------------------- initial formation of the Company, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision receivable upon exercise of the Option shall thereby be proportionately increased; and, and conversely, in case if at any time after the formation of the Company shall combine its the outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable receivable upon the exercise of this Warrant immediately prior to such combination the Option shall thereby be proportionately reduceddecreased.

Appears in 1 contract

Samples: Option Agreement (Nu Skin Asia Pacific Inc)

Stock Splits and Reverse Stock Splits. In case If at any time on or after the date hereof the Company shall subdivide its outstanding shares of Common Stock common stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares purchasable pursuant to shares of common stock receivable upon exercise of this Warrant immediately prior to such subdivision shall thereby be proportionately increased; and, and conversely, in case if at any time on or after the Company shall combine its date hereof the outstanding number of shares of Common Stock common stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable shares receivable upon the exercise of this Warrant immediately prior to such combination shall thereby be proportionately reduceddecreased.

Appears in 1 contract

Samples: Stock Purchase Warrant and Agreement (Smart Online Inc)

Stock Splits and Reverse Stock Splits. In case at any time If the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall thereby be proportionately reduced and the number of Warrant Shares purchasable pursuant to receivable upon exercise of this Warrant immediately prior to such subdivision shall thereby be proportionately increased; and, and conversely, in case at any time if the Company shall combine its outstanding number of shares of Common Stock shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall thereby be proportionately increased and the number of Warrant Shares purchasable receivable upon the exercise of this the Warrant immediately prior to such combination shall be proportionately reduceddecreased.

Appears in 1 contract

Samples: Aderis Pharmaceuticals Inc

Stock Splits and Reverse Stock Splits. In case at any time If the Company shall subdivide its outstanding shares of Common [Common/Preferred] Stock [of the same class] into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this issuable upon exercise of each Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time . If the Company shall combine its the outstanding shares of Common [Common/Preferred] Stock [of the same class] into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares purchasable issuable upon the exercise of this each Warrant immediately prior to such combination shall be proportionately reduceddecreased.

Appears in 1 contract

Samples: Warrant Agreement (Immunomedics Inc)

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