Common use of Subdivisions, Combinations and Share Dividends Clause in Contracts

Subdivisions, Combinations and Share Dividends. If the Company shall at any time subdivide by split-up or otherwise, its outstanding Common Stock into a greater number of shares, or issue additional capital Stock as a dividend, bonus issue or otherwise with respect to any class of capital stock, the Exercise Price in effect immediately prior to such subdivision or share dividend or bonus issue shall be proportionately reduced. Conversely, in case the outstanding 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 adjusted.

Appears in 3 contracts

Samples: Warrant (Comverge, Inc.), Loan Modification Agreement (Comverge, Inc.), Warrant (Comverge, Inc.)

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Subdivisions, Combinations and Share Dividends. If the Company shall at any time subdivide by split-up or otherwise, its outstanding Common Stock into a greater number of shares, or issue additional capital Common Stock as a dividend, bonus issue or otherwise with respect to any class of capital stockCommon Stock, the Exercise Price in effect immediately prior to such subdivision or share dividend or bonus issue shall be proportionately reduced. Conversely, in case the outstanding 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 adjustedincreased.

Appears in 3 contracts

Samples: Warrant (Xenogen Corp), Warrant (Bioject Medical Technologies Inc), Warrant (Bioject Medical Technologies Inc)

Subdivisions, Combinations and Share Dividends. If the Company shall at any time subdivide by split-up or otherwise, its outstanding Common Stock into a greater number of shares, or issue additional capital Common Stock as a dividend, bonus issue or otherwise with respect to any class of capital stockCommon Stock, the Exercise Exchange Price in effect immediately prior to such subdivision or share dividend or bonus issue shall be proportionately reduced. Conversely, in case the outstanding Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Exchange Price in effect immediately prior to such combination shall be proportionately adjustedincreased.

Appears in 1 contract

Samples: Warrant (Bioject Medical Technologies Inc)

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Subdivisions, Combinations and Share Dividends. If the Company shall at any time subdivide by split-up or otherwise, its outstanding Common Stock Shares into a greater number of shares, or issue additional capital Stock Common Shares as a dividend, bonus issue or otherwise with respect to any class of capital stockCommon Shares, the Exercise Price in effect immediately prior to such subdivision or share dividend or bonus issue shall be proportionately reduced. Conversely, in case the outstanding 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 adjustedincreased.

Appears in 1 contract

Samples: Security Agreement (Interwave Communications International LTD)

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