Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall: (A) issue to the holders of its shares of Common Stock a dividend payable in, or other distribution of, shares of Common Stock (a “Stock Dividend”); (B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, without limitation, by means of a stock split (a “Stock Subdivision”); or (C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “Stock Combination”); then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock.
Appears in 10 contracts
Sources: Credit Agreement (Verenium Corp), Common Stock Purchase Warrant (Verenium Corp), Common Stock Purchase Warrant (Verenium Corp)
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue to the holders of its shares of the Common Stock a dividend payable in, or other distribution of, shares of Common Stock (a “Stock Dividend”);,
(B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, without limitation, by means of a stock split (a “Stock Subdivision”); , or
(C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “Stock Combination”); , then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock.
Appears in 7 contracts
Sources: Warrant Agreement (Palatin Technologies Inc), Warrant Agreement (Manhattan Pharmaceuticals Inc), Warrant Agreement (Palatin Technologies Inc)
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue to the holders of its shares of Common Stock a dividend payable in, or other distribution of, shares of Common Stock (a “"Stock Dividend”");,
(B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, including without limitation, limitation by means of a stock split (a “"Stock Subdivision”"); , or
(C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “"Stock Combination”"); , then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock.
Appears in 2 contracts
Sources: Common Stock Purchase Warrant (Headway Corporate Resources Inc), Common Stock Purchase Warrant (Headway Corporate Resources Inc)
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue to the holders of its shares of Common Stock a dividend payable paid in, or other distribution of, shares of Common Stock (a “Stock Dividend”);
(B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, including without limitation, limitation by means of a stock split (a “Stock Subdivision”); or
(C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “Stock Combination”); then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price in effect immediately prior thereto shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable paid in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock.
Appears in 2 contracts
Sources: Common Stock Purchase Warrant (Lpath, Inc), Credit Agreement (Lpath, Inc)
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue to the holders of its shares of Common Stock a dividend payable in, or other distribution of, shares of Common Stock (a “Stock Dividend”);.
(B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, including without limitation, limitation by means of a stock split (a “Stock Subdivision”); , or
(C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “Stock Combination”); . then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock.
Appears in 1 contract
Sources: Common Stock Purchase Warrant (Ruths Chris Steak House, Inc.)
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue to the holders of its shares of Common Stock a dividend payable in, or other distribution of, shares of Common Stock (a “Stock Dividend”);
(B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, without limitation, by means of a stock split (a “Stock Subdivision”); or
(C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “Stock Combination”); then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock. Any adjustment under this Section 5(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.
Appears in 1 contract
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue pay or otherwise distribute to the holders of its shares of Common Stock a dividend payable individend, or other distribution of, shares of Common Stock (a “"Stock Dividend”");,
(B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, including without limitation, limitation by means of a stock split (a “"Stock Subdivision”"); , or
(C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “"Stock Combination”"); , 44 then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock.
Appears in 1 contract
Sources: Preferred Stock and Warrant Purchase Agreement (Physician Partners Inc)
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue to the holders of its shares of Common Stock a dividend payable paid in, or other distribution of, shares of Common Stock (a “Stock Dividend”);
(B) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, including, including without limitation, limitation by means of a stock split (a “Stock Subdivision”); or
(C) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock (a “Stock Combination”); then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price in effect immediately prior thereto shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock payable paid in any right to acquire shares of Common Stock for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares of Common Stock. Any adjustment under this Section 6(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.
Appears in 1 contract
Sources: Credit Agreement (Lpath, Inc)
Stock Dividends, Subdivisions and Combinations. In case at any time or from time to time the Company shall:
(A) issue to the holders of its shares of Common Stock Shares a dividend payable in, or other distribution of, shares of Common Stock Shares (a “Stock Dividend”);
(B) subdivide its outstanding shares of Common Stock Shares into a larger number of shares of Common StockShares, including, without limitation, by means of a stock split (a “Stock Subdivision”); or
(C) combine its outstanding shares of Common Stock Shares into a smaller number of shares of Common Stock Shares (a “Stock Combination”); then the Aggregate Number in effect immediately prior thereto shall be (1) proportionately increased in the case of a Stock Dividend or a Stock Subdivision and (2) proportionately decreased in the case of a Stock Combination, and the Exercise Price shall be proportionately adjusted. In the event the Company shall declare or pay, without consideration, any dividend on the shares of Common Stock Shares payable in any right to acquire shares of Common Stock Shares for no consideration, then the Company shall be deemed to have made a Stock Dividend in an amount of shares equal to the maximum number of shares issuable upon exercise of such rights to acquire shares Common Shares; provided that the Aggregate Number and the Exercise price shall be readjusted to the extent that any Common Shares issuable upon exercise of Common Stocksuch rights remain unissued upon the expiration of the exercise period thereof.
Appears in 1 contract
Sources: Securities Purchase Agreement (Cipher Pharmaceuticals Inc)