Common use of Subdivision or Combination of Stock Clause in Contracts

Subdivision or Combination of Stock. In case the Company shall at any time 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 conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 15 contracts

Samples: Warrant Agreement (Crystal International Travel Group, Inc.), Warrant Agreement (Crystal International Travel Group, Inc.), Subordinated Convertible Debenture Purchase Agreement (Miscor Group, Ltd.)

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Subdivision or Combination of Stock. In case the Company shall at any time 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 conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of sharesshares (by reverse stock split or otherwise), the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 6 contracts

Samples: License Agreement (Histogenics Corp), License Agreement (Histogenics Corp), Warrant Agreement (Thomas Weisel Partners Group, Inc.)

Subdivision or Combination of Stock. In case the Company Corporation shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Corporation shall be combined into a smaller number of shares, the Warrant Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 6 contracts

Samples: Guaranty Agreement (Med E America Corp), Warrant Agreement (Core Inc), Agreement (Med E America Corp)

Subdivision or Combination of Stock. In case the Company shall at any time 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 conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 4 contracts

Samples: Warrant Agreement (Beyond Air, Inc.), Warrant Agreement (Beyond Air, Inc.), Warrant Agreement (Beyond Air, Inc.)

Subdivision or Combination of Stock. In case the Company shall at any time 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 reducedreduced and the number of Warrant Shares issuable hereunder proportionately increased, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increasedincreased and the number of Warrant Shares issuable hereunder proportionately decreased.

Appears in 4 contracts

Samples: Warrant Agreement (Neurobiological Technologies Inc /Ca/), Warrant Agreement (Neurobiological Technologies Inc /Ca/), Warrant Agreement (Neurobiological Technologies Inc /Ca/)

Subdivision or Combination of Stock. In case the Company Corporation shall at any time subdivide its outstanding shares of Common Stock into a greater number of sharesshares or shall declare or pay a dividend on its outstanding shares of Common Stock payable in shares of Common Stock, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Corporation shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 3 contracts

Samples: Security Agreement (Matritech Inc/De/), Security Agreement (Matritech Inc/De/), Security Agreement (Matritech Inc/De/)

Subdivision or Combination of Stock. In case the Company Corporation shall at any time subdivide its outstanding shares of Common Stock into a greater number of sharesshares by way of stock split, stock dividend or similar event, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of sharesshares by way of reverse stock split or similar event, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 3 contracts

Samples: Warrant Agreement (Clearview Cinema Group Inc), Warrant Agreement (Clearview Cinema Group Inc), Warrant Agreement (Hollis Eden Pharmaceuticals Inc /De/)

Subdivision or Combination of Stock. In case the Company shall at any time 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 reducedreduced and, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Convertible Senior Subordinated Promissory Note and Warrant Purchase Agreement (Electric City Corp), Warrant Purchase Agreement (Augment Systems Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Series C Preferred Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Series C Preferred Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

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

Subdivision or Combination of Stock. In case the Company shall at any time 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 conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Senior Convertible Bridge Note and Warrant Purchase Agreement (Excaliber Enterprises, Ltd.), Senior Convertible Bridge Note and Warrant Purchase Agreement (Excaliber Enterprises, Ltd.)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Preferred Stock into a greater number of shares, the Warrant Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Preferred Stock of the Company shall be combined into a smaller number of shares, the Warrant Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Loan and Security Agreement (Cosine Communications Inc), Loan and Security Agreement (Cosine Communications Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common the Preferred Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common the Preferred Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Warrant Agreement (On Stage Entertainment Inc), Warrant Agreement (On Stage Entertainment Inc)

Subdivision or Combination of Stock. In case the Company Optionor shall at any time 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 conversely, in case the outstanding shares of Common Stock of the Company Optionor shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Stock Option Agreement (Netter Digital Entertainment Inc), Stock Option Agreement (Netter Digital Entertainment Inc)

Subdivision or Combination of Stock. In case the Company shall at any time split or subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such split or subdivision shall be proportionately reducedreduced and the number of Warrant Shares issuable hereunder proportionately increased, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increasedincreased and the number of Warrant Shares issuable hereunder proportionately decreased.

Appears in 2 contracts

Samples: Warrant Agreement (GC China Turbine Corp.), Securities Purchase Agreement (American Petro-Hunter Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of the Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (On Stage Entertainment Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Series B-1 Preferred Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Series B-1 Preferred Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Crdentia Corp)

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Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, each of the Exercise Price and the Acceleration Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, each of the Exercise Price and the Acceleration Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Exchange Agreement (Ramsay Health Care Inc)

Subdivision or Combination of Stock. In case If the Company shall at any time subdivide splits or subdivides its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such split or subdivision shall be proportionately reducedreduced and the number of Shares issuable hereunder proportionately increased, and conversely, in case the outstanding shares of the Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increasedincreased and the number of Shares issuable hereunder proportionately decreased.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Nz Corp)

Subdivision or Combination of Stock. In case the Company Corporation ----------------------------------- shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Corporation shall be combined into a smaller number of shares, the Warrant Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Core Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend, or otherwise) its outstanding shares of Common Preferred Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Preferred Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Bev Tyme Inc)

Subdivision or Combination of Stock. In case If and whenever the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Relationship Agreement (Iphysician Net Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its the 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 conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Training Devices International Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide (by any stock split, stock dividend, or otherwise) 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 conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Warrant Agreement (Bev Tyme Inc)

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Management Agreement (Ramsay Health Care Inc)

Subdivision or Combination of Stock. In case the Company Optionor shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price Prices in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company Optionor shall be combined into a smaller number of shares, the Exercise Price Prices in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Stock Option Agreement (Netter Digital Entertainment Inc)

Subdivision or Combination of Stock. In case the event that the Company shall at any time 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 conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Business Consultant Services Agreement (BigString CORP)

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