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

Stock Splits, Stock Dividends 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, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend 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 8 contracts

Samples: Note Purchase Agreement (Sunlink Health Systems Inc), Common Stock and Warrant Purchase Agreement (Dialogic Corp), Warrant Agreement (SRS Labs Inc)

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Stock Splits, Stock Dividends 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, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend 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 3 contracts

Samples: Shareholders Agreement (Innotrac Corp), Warrant Agreement (Viador Inc), Warrant Agreement (Banyan Systems Inc)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case If at any time after the date hereof, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time after the date hereof, 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 3 contracts

Samples: Loan and Security Agreement (Angelciti Entertainment Inc /Fl/), Warrant Agreement (Audible Inc), Warrant Agreement (Audible Inc)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case at any time the Company Bank shall subdivide its outstanding shares of Common Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant Agreement immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time the Company Bank 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 the Warrant contained herein immediately prior to such combination shall be proportionately reduced.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant Agreement, Common Stock Purchase Warrant Agreement (CapStar Financial Holdings, Inc.), Common Stock Purchase Warrant Agreement (CapStar Financial Holdings, Inc.)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case If at any time the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend 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 2 contracts

Samples: Common Stock Purchase Warrant (Mortgage Assistance Center Corp), Common Stock Purchase Warrant (Mortgage Assistance Center Corp)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case at any time the Company shall split or subdivide its the outstanding shares of Common Series C Preferred Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Series C Preferred Stock, the Exercise Purchase Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares shares of Series C Preferred Stock purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Series C Preferred Stock into a smaller number of shares, the Exercise Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares shares of Series C Preferred Stock purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced.

Appears in 2 contracts

Samples: Series C Convertible Preferred Stock Purchase Warrant (ClearStory Systems, Inc.), Series C Convertible Preferred Stock Purchase Warrant (ClearStory Systems, Inc.)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case If at any ------------------------------------------------------ time after the date hereof, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time after the date hereof, 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 2 contracts

Samples: Loan and Security Agreement (T & G2), Common Stock Purchase Warrant (Audible Inc)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case at any time the Company shall split or subdivide its the outstanding shares of Common Stock Series C Shares into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common StockSeries C Shares, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Stock Series C Shares 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 2 contracts

Samples: Warrant Agreement (Usdata Corp), Warrant Agreement (Usdata Corp)

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Stock Splits, Stock Dividends and Reverse Stock Splits. In case If at ------------------------------------------------------ any time after the date hereof, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time after the date hereof, 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 1 contract

Samples: Common Stock Purchase Warrant (Audible Inc)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case at any time the Company shall split or subdivide its the outstanding shares of Common Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced (but not below the par value of the Common Stock) and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend 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 1 contract

Samples: Warrant Agreement (Asd Systems Inc)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case ------------------------------------------------------ at any time the Company shall subdivide its outstanding shares of Common Preferred Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Preferred Stock, the Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Preferred 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 1 contract

Samples: Licensing Agreement (Tut Systems Inc)

Stock Splits, Stock Dividends and Reverse Stock Splits. In case If at any time after the date hereof, the Company shall subdivide its outstanding shares of Common Stock into a greater number of shares, or shall declare and pay any stock dividend with respect to its outstanding stock that has the effect of increasing the number of outstanding shares of Common Stock, the Applicable Exercise Price in effect immediately prior to such subdivision or stock dividend shall be proportionately reduced and the number of Performance Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision or stock dividend shall be proportionately increased, and conversely, in case at any time after the date hereof, the Company shall combine its outstanding shares of Common Stock into a smaller number of shares, the Applicable Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Performance Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced.

Appears in 1 contract

Samples: Warrant Agreement (Audible Inc)

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