Common use of Stock Splits and Reverse Splits Clause in Contracts

Stock Splits and Reverse Splits. In case at any time the Company shall subdivide its outstanding Common Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding Common Shares into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E, no adjustment in the Exercise Price and no exchange in the number of Warrant Shares so purchasable shall be made pursuant to this Section 5 as a result of or by reason of any such subdivision or combination.

Appears in 5 contracts

Sources: Warrant Agreement (Inmark Enterprises Inc), Warrant Agreement (Inmark Enterprises Inc), Warrant Agreement (Inmark Enterprises Inc)

Stock Splits and Reverse Splits. In case the event that the Company shall at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the event that the outstanding shares of Common Stock shall at any time the Company shall combine its outstanding Common Shares be combined into a smaller number of shares, the Exercise Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E5.8, no adjustment in the Exercise Purchase Price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to under this Section 5 as a result of or by reason of any such subdivision or combination.

Appears in 5 contracts

Sources: Common Stock Purchase Warrant (Vialink Co), Common Stock Purchase Warrant (Vialink Co), Common Stock Purchase Warrant (I2 Technologies Inc)

Stock Splits and Reverse Splits. In case the event that the Company shall at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the event that the outstanding shares of Common Stock of the Company shall at any time the Company shall combine its outstanding Common Shares be combined into a smaller number of shares, the Exercise Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E5.2, no adjustment in the Exercise Purchase Price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to under this Section 5 as a result of or by reason of any such subdivision or combination.

Appears in 4 contracts

Sources: Warrant Agreement (Lionbridge Technologies Inc /De/), Warrant Agreement (Lionbridge Technologies Inc /De/), Warrant Agreement (Lionbridge Technologies Inc /De/)

Stock Splits and Reverse Splits. In case at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Shares Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of shares of Common Shares Stock purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection ESection 2.1(e), no adjustment in the Exercise Price and no exchange in the number of Warrant Shares so purchasable shall be made pursuant to this Section 5 2.1 as a result of or by reason of any such subdivision or combination.

Appears in 3 contracts

Sources: Convertible Loan Agreement (Cover All Technologies Inc), Warrant Agreement (Cover All Technologies Inc), Warrant Agreement (Cover All Technologies Inc)

Stock Splits and Reverse Splits. In case at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Shares Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of shares of Common Shares Stock purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E2.01(e), no adjustment in the Exercise Price and no exchange in the number of Warrant Shares so purchasable shall be made pursuant to this Section 5 2.01 as a result of or by reason of any such subdivision or combination.

Appears in 2 contracts

Sources: Warrant Agreement (Warner Insurance Services Inc), Warrant Agreement (Cigna Corp)

Stock Splits and Reverse Splits. In case the event that the Company shall at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the event that the outstanding shares of Common Stock of the Company shall at any time the Company shall combine its outstanding Common Shares be combined into a smaller number of shares, the Exercise Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E, 5.8 no adjustment in the Exercise Purchase Price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to under this Section 5 as a result of or by reason of any such subdivision or combination.

Appears in 2 contracts

Sources: Credit Agreement (Wpi Group Inc), Warrant Agreement (Odyssey Healthcare Inc)

Stock Splits and Reverse Splits. In case the event that the Company shall at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the event that the outstanding shares of Common Stock shall at any time the Company shall combine its outstanding Common Shares be combined into a smaller number of shares, the Exercise Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E5.4, no adjustment in the Exercise Purchase Price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to under this Section 5 as a result of or by reason of any such subdivision or combination.

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Vialink Co), Common Stock Purchase Warrant (Vialink Co)

Stock Splits and Reverse Splits. In case at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Shares Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of shares of Common Shares Stock purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E(c), no adjustment in the Exercise Price exercise price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to this Section 5 as a result of or by reason of any such subdivision or combination.

Appears in 1 contract

Sources: Warrant Agreement (Coactive Marketing Group Inc)

Stock Splits and Reverse Splits. In case the event that the Company shall at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the event that the outstanding shares of Common Stock shall at any time the Company shall combine its outstanding Common Shares be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection ESection 3.4, no adjustment in the Exercise Price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to under this Section 5 Article III as a result of or by reason of any such subdivision or combination.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Scottsdale Technologies Inc)

Stock Splits and Reverse Splits. In case the event that the Company shall at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares Warrant Shares purchasable pursuant to this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the event that the outstanding shares of Common Stock of the Company shall at any time the Company shall combine its outstanding Common Shares be combined into a smaller number of shares, the Exercise Purchase Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection E5.8, no adjustment in the Exercise Purchase Price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to under this Section 5 as a result of or by reason of any such subdivision or combination.

Appears in 1 contract

Sources: Warrant Agreement (Allard Gerald R)

Stock Splits and Reverse Splits. In case at any time the Company shall subdivide its outstanding shares of Common Shares Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of shares purchasable pursuant to this Warrant Shares immediately prior to such subdivision shall be proportionately increased, and conversely, in case at any time the Company shall combine its outstanding shares of Common Shares Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Warrant Shares purchasable upon the exercise of this Warrant immediately prior to such combination shall be proportionately reduced. Except as provided in this subsection ESection 2, no adjustment in the Exercise Price and no exchange change in the number of Warrant Shares so purchasable shall be made pursuant to this Section 5 2 as a result of or by reason of any such subdivision or combination.

Appears in 1 contract

Sources: Note Purchase Agreement (Oneita Industries Inc)