Upon Stock Dividends, Subdivisions or Splits. If, at any time after the Original 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, 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 issuable on conversion of Series B Preferred Stock shall be increased in proportion to such increase in outstanding shares.
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Upon Stock Dividends, Subdivisions or Splits. If, at any time after the Original Issuance Datedate 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, 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 issuable on conversion of Series B C Preferred Stock shall be increased in proportion to such increase in outstanding shares.
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Upon Stock Dividends, Subdivisions or Splits. If, at any time after the Original Issuance Datedate 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, 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 issuable on conversion of Series B B1/B2/B3/B4 Preferred Stock shall be increased in proportion to such increase in outstanding shares.
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Samples: Securities Purchase Agreement (Idera Pharmaceuticals, Inc.)
Upon Stock Dividends, Subdivisions or Splits. If, at any time after the Original Issuance Datedate 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, 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 issuable on conversion of Series B 1/2/3 Preferred Stock shall be increased in proportion to such increase in outstanding shares.
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Samples: Securities Purchase Agreement (Bellicum Pharmaceuticals, Inc)
Upon Stock Dividends, Subdivisions or Splits. If, at any time after the Original Issuance Datedate 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, 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-split up, the Conversion Price shall be appropriately decreased so that the number of shares of Common Stock issuable on conversion of Series B Preferred Stock shall be increased in proportion to such increase in outstanding shares.
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Samples: Series B Convertible Preferred Stock Purchase Agreement (Amalgamated Technologies Inc)