Common use of Adjustment for Stock Splits and Combinations Clause in Contracts

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time effect a subdivision of the outstanding Common Stock (or Other Securities), the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall at any time or from time to time combine the outstanding shares of Common Stock (or Other Securities), the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this clause shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 7 contracts

Sources: Warrant Agreement (General Devices Inc), Securities Purchase Agreement (General Devices Inc), Warrant Agreement (General Devices Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof effect a subdivision of the outstanding Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall at any time or from time to time after the date hereof combine the outstanding shares of Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this clause subsection shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 5 contracts

Sources: Warrant Agreement (Biolargo, Inc.), Warrant Agreement (Biolargo, Inc.), Warrant to Purchase Common Stock (Biolargo, Inc.)

Adjustment for Stock Splits and Combinations. If the Company shall Company, at any time or from time to time effect time, after the Original Issue Date effects a subdivision of the outstanding Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall Company, at any time or from time to time combine time, after the Original Issue Date combines the outstanding shares of Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under in accordance with this clause Section 6(c) shall become effective at the close of business on the date that the related subdivision or combination becomes effective.

Appears in 2 contracts

Sources: Warrant Purchase Agreement (MEDecision, Inc.), Warrant Purchase Agreement (Bentley Systems Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Original Issue Date effect a subdivision of the outstanding Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this clause shall become effective at the close of business on the date the subdivision or combination becomes effective.immediately

Appears in 2 contracts

Sources: Warrant Agreement (Aig Latin America Equity Partners LTD), Warrant Agreement (Brazil Fast Food Corp)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof effect a subdivision of the outstanding Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If ; conversely, if the Company shall at any time or from time to time combine after the date hereof reduce the outstanding shares of Common Stock (by combination or Other Securities)otherwise, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this clause Section 9 (a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Sources: Warrant Agreement (Walnut Financial Services Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time effect a subdivision subdivides the number of the outstanding shares of Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that such subdivision shall be proportionately decreased. If Conversely, if the Company shall at any time or from time to time combine combines the outstanding shares of Common Stock (or Other Securities)into a smaller number of shares, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this clause Section 8(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Sources: Office Lease (Kinemed Inc)

Adjustment for Stock Splits and Combinations. If the Company shall Company, at any time or from time to time effect time, after the Original Issue Date effects a subdivision of the outstanding Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall Company, at any time or from time to time combine time, after the Original Issue Date combines the outstanding shares of Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under in accordance with this clause Section 6(b) shall become effective at the close of business on the date that the related subdivision or combination becomes effective.

Appears in 1 contract

Sources: Warrant Purchase Agreement (Mesa Air Group Inc)

Adjustment for Stock Splits and Combinations. If the Company shall Company, at any time or from time to time effect time, after the Original Issue Date effects a subdivision of the outstanding Non-Voting Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall Company, at any time or from time to time combine time, after the Original Issue Date combines the outstanding shares of Non-Voting Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under in accordance with this clause Section 6(c) shall become effective at the close of business on the date that the related subdivision or combination becomes effective.

Appears in 1 contract

Sources: Warrant Purchase Agreement (Informax Inc)

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof effect a subdivision of the outstanding Common Stock (or Other Securities)Shares, the Exercise Price then in effect immediately before that subdivision prior thereto shall be proportionately decreased. If reduced, and, conversely, if the Company shall at any time or from time to time after the date hereof combine the outstanding shares of Common Stock (or Other Securities)Shares, the Exercise Price then in effect immediately before the combination prior thereto shall be proportionately increased. Any adjustment under this clause shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (New Century Transportation, Inc.)

Adjustment for Stock Splits and Combinations. If the Company shall Company, at any time or from time to time effect time, during the term of this Warrant, effects a subdivision of the outstanding Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before that subdivision shall be proportionately decreased. If the Company shall Company, at any time or from time to time combine time, during the term of this Warrant, combines the outstanding shares of Common Stock (or Other Securities)Stock, the Exercise Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under in accordance with this clause provision shall become effective at the close of business on the date that the related subdivision or combination becomes effective.

Appears in 1 contract

Sources: Warrant Agreement (Informax Inc)