Common use of Adjustment of Conversion Price upon Subdivision or Combination of Common Stock Clause in Contracts

Adjustment of Conversion Price upon Subdivision or Combination of Common Stock. If the Company at any time on or after the date hereof subdivides (by any stock split, stock dividend, stock combination, recapitalization or other similar transaction) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Conversion Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company at any time on or after the date hereof combines (by any stock split, stock dividend, stock combination, recapitalization or other similar transaction) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the Conversion Price in effect immediately prior to such combination will be proportionately increased. Any adjustment pursuant to this Section 8 shall become effective immediately after the effective date of such subdivision or combination. If any event requiring an adjustment under this Section 8 occurs during the period that a Conversion Price is calculated hereunder, then the calculation of such Conversion Price shall be adjusted appropriately to reflect such event.

Adjustment of Conversion Price upon Subdivision or Combination of Common Stock. If the Company Without limiting any provision hereof, if Borrower at any time on or after the date hereof Effective Date subdivides (by any stock split, stock dividend, stock combination, recapitalization or other similar transactionotherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Conversion Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company Without limiting any provision hereof, if Borrower at any time on or after the date hereof Effective Date combines (by any stock split, stock dividend, stock combination, recapitalization reverse stock split or other similar transactionotherwise) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the Conversion Price in effect immediately prior to such combination will be proportionately increased. Any adjustment pursuant to this Section 8 shall become effective immediately after the effective date of such subdivision or combination. If any event requiring an adjustment under this Section 8 occurs during the period that a Conversion Price is calculated hereunder, then the calculation of such Conversion Price shall be adjusted appropriately to reflect such event.

Adjustment of Conversion Price upon Subdivision or Combination of Common Stock. If the Company Without limiting any provision hereof, if Borrower at any time on or after the date hereof Effective Date subdivides (by any stock split, stock dividend, stock combination, recapitalization or other similar transactionotherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Conversion Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company Without limiting any provision hereof, if Borrower at any time on or after the date hereof Effective Date combines (by any stock split, stock dividend, stock combination, recapitalization reverse stock split or other similar transactionotherwise) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the Conversion Price in effect immediately prior to such combination will be proportionately increased. Any adjustment pursuant to this Section 8 6 shall become effective immediately after the effective date of such subdivision or combination. If any event requiring an adjustment under this Section 8 6 occurs during the period that a Conversion Price is calculated hereunder, then the calculation of such Conversion Price shall be adjusted appropriately to reflect such event.