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

Stock Splits and Reverse Stock Splits. If the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price shall be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately increased. If the Company shall combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price shall be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately decreased.

Appears in 14 contracts

Samples: Warrant Agreement (Highland Hospitality Corp), Form of Warrant Agreement (Ametek Inc/), Form of Warrant Agreement for Common Stock (Sonic Solutions/Ca/)

AutoNDA by SimpleDocs

Stock Splits and Reverse Stock Splits. If the Company shall subdivide its outstanding shares of Common Stock Shares into a greater number of sharesshares or shall declare a dividend or make any other distribution upon any stock of the Company payable in Common Shares, the Exercise Price shall be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant the Warrants shall be proportionately increased. If the Company shall combine the outstanding shares of Common Stock Shares into a smaller number of shares, the Exercise Price shall be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Resource Capital Corp.

Stock Splits and Reverse Stock Splits. If the Company shall ------------------------------------- subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Exercise Price shall be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately increased. If the Company shall combine the outstanding shares of Common Stock Shares into a smaller number of shares, the Exercise Price shall be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (Capital Automotive Reit)

Stock Splits and Reverse Stock Splits. If the Company ------------------------------------- shall subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price shall be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately increased. If the Company shall combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price shall be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (Icon Holdings Corp)

AutoNDA by SimpleDocs

Stock Splits and Reverse Stock Splits. If the Company shall subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Exercise Price shall be proportionately reduced and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately increased. If the Company shall combine the outstanding shares of Common Stock Shares into a smaller number of shares, the Exercise Price shall be proportionately increased and the number of Warrant Shares issuable upon exercise of each Warrant shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (American Mortgage Acceptance Co)

Time is Money Join Law Insider Premium to draft better contracts faster.