Common use of Use of Common Equivalent Shares or Cash Clause in Contracts

Use of Common Equivalent Shares or Cash. In the event that the number of shares of Common Stock which are authorized by the Company's certificate of incorporation, but which are not outstanding or reserved for issuance for purposes other than upon exercise of the Rights ("Available Common Stock"), is not sufficient to permit the exercise in full of the Rights after the adjustment made in accordance with Section 11(b), then:

Appears in 4 contracts

Samples: Rights Agreement (Spherix Inc), Rights Agreement (Allied Research Corp), Rights Agreement (Biospherics Inc)

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Use of Common Equivalent Shares or Cash. In the event that the number of shares of Common Stock which are authorized by the Company's certificate of incorporation, but which are not outstanding or reserved for issuance for purposes other than upon exercise of the Rights ("Available Common Stock"), ) is not sufficient to permit the exercise in full of the Rights after the adjustment made in accordance with Section 11(b), then:

Appears in 3 contracts

Samples: Rights Agreement (Motorola Inc), Rights Agreement (Motorola Inc), Rights Agreement (Motorola Inc)

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Use of Common Equivalent Shares or Cash. In the event that the number of shares of Common Stock which are authorized by the Company's certificate articles of incorporation, but which are not outstanding or reserved for issuance for purposes other than upon exercise of the Rights ("Available Common Stock"), ) is not sufficient to permit the exercise in full of the Rights after the adjustment made in accordance with Section 11(b), then:

Appears in 2 contracts

Samples: Rights Agreement (Davel Communications Group Inc), Rights Agreement (Davel Communications Inc)

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