Common use of Upon Stock Dividends, Subdivisions or Splits Clause in Contracts

Upon Stock Dividends, Subdivisions or Splits. If, at any time after the date hereof, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock then, the number of shares of Common Stock purchasable on exercise of a Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stock.

Appears in 2 contracts

Samples: Warrant Agreement (Miller Industries Inc /Tn/), Credit Agreement (Miller Industries Inc /Tn/)

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Upon Stock Dividends, Subdivisions or Splits. If, at any time after prior to the date hereofconversion of the Note into shares of Common Stock, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock Stock, then, upon the issuance of such stock dividend, or such subdivision or split-up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock purchasable issuable on conversion of the Note and upon exercise of a the Warrant shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stockshares.

Appears in 2 contracts

Samples: Convertible Note (Film Roman Inc), Idt Corp

Upon Stock Dividends, Subdivisions or Splits. If, at any time after the date hereofApril 14, 2000, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock Stock, then, following the record date for the determination of holders of Common Stock entitled to receive such stock dividend, or to be affected by such subdivision or split-up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock purchasable issuable on exercise conversion of a Warrant Series D Preferred Stock shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stockshares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Peapod Inc)

Upon Stock Dividends, Subdivisions or Splits. If, at any time after the date hereof, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock Stock, then, following the record date for the determination of holders of Common Stock entitled to receive such stock dividend, or to be affected by such subdivision or split-up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock purchasable issuable on exercise conversion of a Warrant Series B1/B2/B3/B4 Preferred Stock shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stockshares.

Appears in 1 contract

Samples: Voting Agreement (Idera Pharmaceuticals, Inc.)

Upon Stock Dividends, Subdivisions or Splits. If, at any time after the date hereof, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock Stock, then, following the record date for the determination of holders of Common Stock entitled to receive such stock dividend, or to be affected by such subdivision or split-up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock purchasable issuable on exercise conversion of a Warrant Series 1/2/3 Preferred Stock shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stockshares.

Appears in 1 contract

Samples: Registration Rights Agreement (Bellicum Pharmaceuticals, Inc)

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Upon Stock Dividends, Subdivisions or Splits. If, at any time after the date hereof, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock Stock, then, following the record date for the determination of holders of Common Stock entitled to receive such stock dividend, or to be affected by such subdivision or split-up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock purchasable issuable on exercise conversion of a Warrant Series C Preferred Stock shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stockshares.

Appears in 1 contract

Samples: Securities Purchase Agreement (Biolase, Inc)

Upon Stock Dividends, Subdivisions or Splits. If, at any time after the date hereof, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-split up of shares of Common Stock Stock, then, following the record date for the determination of holders of Common Stock entitled to receive such stock dividend, or to be affected by such subdivision or split up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock purchasable issuable on exercise conversion of a Warrant Series B Preferred Stock shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stockshares.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Amalgamated Technologies Inc)

Upon Stock Dividends, Subdivisions or Splits. If, at any time after the date hereofOriginal Issuance Date, the number of shares of Common Stock outstanding is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock Stock, then, following the record date for the determination of holders of Common Stock entitled to receive such stock dividend, or to be affected by such subdivision or split-up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock purchasable issuable on exercise conversion of a Warrant Series B Preferred Stock shall be increased in proportion to such increase in outstanding shares of Common Stock, and the applicable Exercise Price per share for such Warrant Shares shall be decreased in proportion to such increase in outstanding shares of Common Stockshares.

Appears in 1 contract

Samples: Stock Purchase Agreement (Euniverse Inc)

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