Common use of Subdivision, Stock Dividends or Combinations Clause in Contracts

Subdivision, Stock Dividends or Combinations. In case the Company shall at any time subdivide the outstanding Common Shares or shall issue a stock dividend with respect to the Common Shares, the Warrant Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such subdivision or the issuance of such dividend shall be proportionately increased. In case the Company shall at any time combine the outstanding Common Shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such combination shall be proportionately decreased. In each of the foregoing cases, the adjustment shall be effective at the close of business on the date of such subdivision, dividend or combination, as the case may be.

Appears in 10 contracts

Samples: Subscription Agreement (Fennec Pharmaceuticals Inc.), Subscription Agreement (Adherex Technologies Inc), Warrant Agreement (Adherex Technologies Inc)

AutoNDA by SimpleDocs

Subdivision, Stock Dividends or Combinations. In case the Company shall at any time subdivide the outstanding shares of the Common Shares Stock or shall issue a stock dividend with respect to the Common SharesStock, the Warrant Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such subdivision or the issuance of such dividend shall be proportionately increased. In case the Company shall at any time combine the outstanding shares of the Common SharesStock, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such combination shall be proportionately decreased. In each of the foregoing cases, the adjustment shall be effective at the close of business on the date of such subdivision, dividend or combination, as the case may be.

Appears in 5 contracts

Samples: Warrant Agreement (Neurologix Inc/De), Stock and Warrant Purchase Agreement (Insmed Inc), Warrant Agreement (Neurologix Inc/De)

Subdivision, Stock Dividends or Combinations. In case the Company shall at any time subdivide the outstanding shares of Common Shares Stock or shall issue a stock dividend with respect to the Common SharesStock, the Warrant Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such subdivision or the issuance of such dividend shall be proportionately increased. In case the Company shall at any time combine the outstanding shares of Common SharesStock, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Warrant Shares for which this Warrant may be exercised immediately prior to such combination shall be proportionately decreased. In each of the foregoing cases, the adjustment shall be effective at the close of business on the date of such subdivision, dividend or combination, as the case may be.

Appears in 4 contracts

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

Subdivision, Stock Dividends or Combinations. In case the Company shall at any time subdivide the outstanding shares of the Common Shares Stock or shall issue a stock dividend with respect to the Common SharesStock, the Warrant Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and the number of shares of Warrant Shares Stock for which this Warrant may be exercised immediately prior to such subdivision or the issuance of such dividend shall be proportionately increased. In case the Company shall at any time combine the outstanding shares of the Common SharesStock, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of shares of Warrant Shares Stock for which this Warrant may be exercised immediately prior to such combination shall be proportionately decreased. In each of the foregoing cases, the adjustment shall be effective at the close of business on the date of such subdivision, dividend or combination, as the case may be.

Appears in 1 contract

Samples: Assignment (Beacon Power Corp)

AutoNDA by SimpleDocs

Subdivision, Stock Dividends or Combinations. In case the Company shall at any time subdivide the outstanding Common Ordinary Shares or shall issue a stock dividend with respect to the Common Ordinary Shares, the Warrant Exercise Price in effect immediately prior to such subdivision or the issuance of such dividend shall be proportionately decreased, and the number of Warrant Shares for which this Warrant Certificate may be exercised immediately prior to such subdivision or the issuance of such dividend shall be proportionately increased. In case the Company shall at any time combine the outstanding Common Ordinary Shares, the Warrant Exercise Price in effect immediately prior to such combination shall be proportionately increased, and the number of Warrant Shares for which the Warrants represented by this Warrant Certificate may be exercised immediately prior to such combination shall be proportionately decreased. In each of the foregoing cases, the adjustment shall be effective at the close of business on the date of such subdivision, dividend or combination, as the case may be.

Appears in 1 contract

Samples: Warrant Certificate (CS China Acquisition Corp.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!