Stock Splits and Combinations. If the Common Stock shall at any time be subdivided into a greater number of shares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately increased and the Warrant Price shall be proportionately decreased; and, conversely, if the Common Stock shall at any time be combined or consolidated into a smaller number of shares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately reduced and the Warrant Price shall be proportionately increased. Any adjustments under this Section 4.1 shall become effective at the close of business on the date the subdivision or combination or consolidation becomes effective.
Appears in 12 contracts
Sources: Unsecured Convertible Note and Warrant Issuance Agreement (Cool Holdings, Inc.), Unsecured Convertible Note and Warrant Issuance Agreement (Cool Holdings, Inc.), Unsecured Convertible Note and Common Stock Purchase Warrant Amendment (Cool Holdings, Inc.)
Stock Splits and Combinations. If the Common Stock shall at any time be subdivided into a greater number of shares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately increased and the Warrant Price shall be proportionately decreased; and, conversely, if . If the Common Stock shall at any time be combined or consolidated into a smaller number of sharesShares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately reduced unaffected and the Warrant Price shall be proportionately proportionally increased. Any adjustments under this Section SUBSECTION 4.1 shall become effective at the close of business on the date the subdivision or combination or consolidation becomes effective.
Appears in 3 contracts
Sources: Securities Purchase Agreement (Local Telecom Systems Inc), Securities Purchase Agreement (Local Telecom Systems Inc), Warrant to Purchase Shares of Common Stock (Local Telecom Systems Inc)
Stock Splits and Combinations. If the Common Stock shall at any time be subdivided into a greater number of shares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately increased and the Warrant Price shall be proportionately decreased; and, conversely, if the Common Stock shall at any time be combined or consolidated into a smaller number of shares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately reduced and the Warrant Price shall be proportionately increased. Any adjustments under this Section 4.1 shall become effective at the close of business on the date the subdivision or combination or consolidation becomes effective.
Appears in 1 contract
Stock Splits and Combinations. If the Common Stock shall at any time be subdivided into a greater number of shares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately increased and the Warrant Price shall be proportionately decreasedincreased; and, conversely, if the Common Stock shall at any time be combined or consolidated into a smaller number of shares, then the number of Shares purchasable upon exercise of this Warrant shall be proportionately reduced and the Warrant Price shall be proportionately increasedreduced. Any adjustments under this Section subsection 4.1 shall become effective at the close of business on the date the subdivision or combination or consolidation becomes effective.
Appears in 1 contract
Sources: Warrant to Purchase Shares of Common Stock (RG America, Inc.)