Common use of Adjustment for Distributions Clause in Contracts

Adjustment for Distributions. If the Company distributes to all holders of its Common Stock any of its assets (including cash), debt, or preferred stock or any rights or warrants to purchase assets (including cash), debt, or preferred stock or other securities of the Company (including Common Stock), the Company shall concurrently distribute to each holder of Warrants the amount of such assets (including cash), debt, preferred stock, rights or warrants that would have been distributed to such holder assuming the exercise of such Warrant immediately prior to such action or, if applicable, the record date for such action.

Adjustment for Distributions. If the Company distributes to all holders of its Common Stock any of its assets (including cash), debt, or preferred stock or any rights or warrants to purchase assets (including cash), debt, or preferred stock or other securities of the Company (including Common Stock) (a “Liquidating Dividend”), the Company shall concurrently distribute pay to each holder Holder of Warrants the amount of such assets (including cash), debt, preferred stock, rights or warrants Liquidating Dividend that would have been distributed to such holder Holder assuming the exercise of such Warrant immediately prior to such action or, if applicable, the record date for such action.