Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Issue Date effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before that subdivision shall be proportionately decreased so that the number of Warrant Shares issuable on exercise of the Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Company shall at any time or from time to time after the Issue Date combine the outstanding shares of Common Stock, the Exercise Price in effect immediately before the combination shall be proportionately increased so that the number of Warrant Shares issuable on the exercise of the Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 4 contracts
Sources: Warrant Agreement, Warrant Agreement (Lovesac Co), Warrant Agreement (Lovesac Co)
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, the Exercise Warrant Price in effect immediately before that subdivision shall be proportionately decreased so that the number of Warrant Shares shares of Common Stock issuable on upon exercise of the Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Exercise Warrant Price in effect immediately before the combination shall be proportionately increased so that the number of Warrant Shares shares of Common Stock issuable on the upon exercise of the Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection Section 8(d) shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 4 contracts
Sources: Warrant Agreement (Vertical Communications, Inc.), Warrant Agreement (Vertical Communications, Inc.), Warrant Agreement (Vertical Communications, Inc.)
Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Original Issue Date for the Warrants effect a subdivision of the outstanding Common Stock, the Exercise Price of each Warrant then in effect immediately before that subdivision shall be proportionately decreased so that and the number of Warrant Shares issuable on exercise of the Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately increased. If the Company shall at any time or from time to time after the Original Issue Date for the Warrants combine the outstanding shares of Common Stock, the Exercise Price of each Warrant then in effect immediately before the combination shall be proportionately increased so that and the number of Warrant Shares issuable on the exercise of the Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately decreased. Any adjustment under this subsection Section 7.5 shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 4 contracts
Sources: Warrant Agreement (Sandler Capital Management), Warrant Agreement (Medcross Inc), Warrant Agreement (TSG Capital Fund Iii L P)
Adjustment for Stock Splits and Combinations. If the ------------------------------------------------- Company shall at any time or from time to time after the Original Issue Date for the Warrants effect a subdivision of the outstanding Common Stock, the Exercise Price of each Warrant then in effect immediately before that subdivision shall be proportionately decreased so that and the number of Warrant Shares issuable on exercise of the Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately increased. If the Company shall at any time or from time to time after the Original Issue Date for the Warrants combine the outstanding shares of Common Stock, the Exercise Price of each Warrant then in effect immediately before the combination shall be proportionately increased so that and the number of Warrant Shares issuable on the exercise of the Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately decreased. Any adjustment under this subsection Section 7.5 shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 3 contracts
Sources: Warrant Agreement (Telscape International Inc), Warrant Agreement (Pointe Communications Corp), Warrant Agreement (Telscape International Inc)
Adjustment for Stock Splits and Combinations. If the ------------------------------------------------- Company shall at any time or from time to time after the Original Issue Date for the Warrants effect a subdivision of the outstanding Common Stock, the Exercise Price of each Warrant then in effect immediately before that subdivision shall be proportionately decreased so that and the number of Warrant Shares issuable on exercise of the Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately increased. If the Company shall at any time or from time to time after the Original Issue Date for the Warrants combine the outstanding shares of Common Stock, the Exercise Price of each Warrant then in effect immediately before the combination shall be proportionately increased so that and the number of Warrant Shares issuable on the exercise of the Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately decreased. Any adjustment under this subsection Section 7.5 shall become effective at the close of business on the ------------ date the subdivision or combination becomes effective.
Appears in 2 contracts
Sources: Warrant Agreement (Telscape International Inc), Warrant Agreement (Telscape International 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 subdivide the outstanding Common Stock, the Applicable Exercise Price in effect immediately before that subdivision shall be proportionately decreased so that and the number of Warrant Shares shares of Common Stock issuable on exercise of the this Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Applicable Exercise Price in effect immediately before the such combination shall be proportionately increased so that and the number of Warrant Shares shares of Common Stock issuable on the exercise of the this Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection Section 5.1 shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Sources: Common Stock Purchase Agreement (Pacific Mercantile Bancorp)
Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date this Warrant Certificate was granted (the "Original Issue Date Date") effect a subdivision of the outstanding Company Common Stock, the Exercise Price Amount then in effect immediately before that the subdivision shall be proportionately decreased so that increased and the number of Warrant Shares issuable on exercise of Exercise Price then in effect immediately before the Warrant subdivision shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstandingproportionately reduced. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Company Common Stock, the Exercise Price Amount then in effect immediately before the combination shall be proportionately increased so that decreased and the number of Warrant Shares issuable on Exercise Price then in effect immediately before the exercise of the Warrant combination shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstandingproportionately increased. Any adjustment under this subsection paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Sources: Credit Agreement (Applied Graphics Technologies 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 subdivide the outstanding Common Stock, the Applicable Exercise Price in effect immediately before that subdivision shall be proportionately decreased so that and the number of Warrant Shares shares of Common Stock issuable on exercise of the this Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock, the Applicable Exercise Price in effect immediately before the such combination shall be proportionately increased so that and the number of Warrant Shares shares of Common Stock issuable on the exercise of the this Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection Section 5.6 shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Sources: Additional Series B Stock Purchase Agreement (Pacific Mercantile Bancorp)
Adjustment for Stock Splits and Combinations. If the ------------------------------------------------ Company shall at any time or from time to time after the Original Issue Date for the Warrants effect a subdivision of the outstanding Common Stock, the Exercise Price of each Warrant then in effect immediately before that subdivision shall be proportionately decreased so that and the number of Warrant Shares issuable on exercise of the Warrant shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately increased. If the Company shall at any time or from time to time after the Original Issue Date for the Warrants combine the outstanding shares of Common Stock, the Exercise Price of each Warrant then in effect immediately before the combination shall be proportionately increased so that and the number of Warrant Shares issuable on the exercise of the Warrant shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstandingissuable upon exercise of such Warrant shall be proportionately decreased. Any adjustment under this subsection Section 7.5 shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the Issue Date date this Warrant Certificate was granted (the "ORIGINAL ISSUE DATE") effect a subdivision of the outstanding Company Common StockStock into a greater number of shares, the Exercise Price Amount then in effect immediately before that the subdivision shall be proportionately decreased so that increased and the number of Warrant Shares issuable on exercise of Exercise Price then in effect immediately before the Warrant shall subdivision shall, subject to Section 8.2(b), be increased in proportion to such increase in the aggregate number of shares of Common Stock outstandingproportionately reduced. If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Company Common StockStock into a smaller number of shares, the Exercise Price Amount then in effect immediately before the combination shall be proportionately increased so that decreased and the number of Warrant Shares issuable on Exercise Price then in effect immediately before the exercise of the Warrant combination shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstandingproportionately increased. Any adjustment under this subsection paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 1 contract
Sources: Credit Agreement (Applied Graphics Technologies Inc)