Common use of Subdivision or Combination of Common Stock Clause in Contracts

Subdivision or Combination of Common Stock. If the Issuer, at any time after the Issue Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a greater number of shares, then effective upon the close of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the Issuer, at any time after the Issue Date, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a smaller number of shares, then, effective upon the close of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 5 contracts

Samples: Loan Agreement (Ener1 Inc), Ener1 Inc, Ener1 Inc

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Subdivision or Combination of Common Stock. If the IssuerCompany, at any time after the Issue Execution Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a greater number of shares, then effective upon the close of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Date, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a smaller number of shares, then, effective upon the close of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 3 contracts

Samples: Microvision Inc, Microvision Inc, Microvision Inc

Subdivision or Combination of Common Stock. If the IssuerCompany, at any time after the Issue Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a greater number of shares, then effective upon after the close date of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Date, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a smaller number of shares, then, effective upon after the close date of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 3 contracts

Samples: Worldgate Communications Inc, Worldgate Communications Inc, Worldgate Communications Inc

Subdivision or Combination of Common Stock. If the IssuerCompany, at any time after the Issue Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the its outstanding shares of Common Stock into a greater number of shares, then effective upon after the close date of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Date, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding its shares of Common Stock into a smaller number of shares, then, effective upon after the close date of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Lipid Sciences Inc/), Securities Purchase Agreement (Lipid Sciences Inc/), Lipid Sciences Inc/

Subdivision or Combination of Common Stock. If the IssuerCompany, at any --------------------------------------------- time after the Issue Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding its shares of Common Stock into a greater number of shares, then effective upon after the close date of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Dateinitial issuance of this Warrant, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding its shares of Common Stock into a smaller number of shares, then, effective upon after the close date of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Citadel Security Software Inc), Exchange Agreement (Citadel Security Software Inc)

Subdivision or Combination of Common Stock. If the IssuerCompany, ------------------------------------------ at any time after the Issue Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding its shares of Common Stock into a greater number of shares, then effective upon after the close date of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Date, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding its shares of Common Stock into a smaller number of shares, then, effective upon after the close date of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 2 contracts

Samples: Raptor Networks Technology Inc, Raptor Networks Technology Inc

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Subdivision or Combination of Common Stock. If the IssuerCompany, at any time after the Issue Dateinitial issuance of this Warrant, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding its shares of Common Stock into a greater number of shares, then effective upon after the close date of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Dateinitial issuance of this Warrant, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding its shares of Common Stock into a smaller number of shares, then, effective upon after the close date of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 2 contracts

Samples: Click2learn Com Inc, I Trax Inc

Subdivision or Combination of Common Stock. If the IssuerCompany, at any time after the Issue Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a greater number of shares, then then, effective upon the close of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Date, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a smaller number of shares, then, effective upon the close of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 1 contract

Samples: Bookham, Inc.

Subdivision or Combination of Common Stock. If the IssuerCompany, at any time after the Issue Closing Date, subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a greater number of shares, then effective upon the close of business on the record date for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the IssuerCompany, at any time after the Issue Closing Date, combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the outstanding shares of Common Stock into a smaller number of shares, then, effective upon the close of business on the record date for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionally increased.

Appears in 1 contract

Samples: Common Stock Purchase (Emagin Corp)

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