Common use of Stock Splits and Stock Dividends Clause in Contracts

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 5 contracts

Sources: Common Stock Purchase Warrant (Wink Communications Inc), Warrant Agreement (Wink Communications Inc), Common Stock Purchase Warrant (Wink Communications Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 3 contracts

Sources: Warrant Agreement (Corautus Genetics Inc), Warrant Agreement (Corautus Genetics Inc), Warrant Agreement (Corautus Genetics Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant hereof is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Wink Communications Inc), Common Stock Purchase Warrant (Wink Communications Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.Exercise

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Wink Communications Inc), Common Stock Purchase Warrant (Wink Communications Inc)

Stock Splits and Stock Dividends. If the number of shares -------------------------------- of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant -C3- Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Sources: Common Stock and Warrant Purchase Agreement (Urogen Corp)

Stock Splits and Stock Dividends. If the number of shares of -------------------------------- Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.. -C3-

Appears in 1 contract

Sources: Warrant Agreement (Baxter International Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding out­standing shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Sources: Warrant Agreement (Genstar Therapeutics Corp)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the issuance date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Sources: Warrant Agreement (Salton Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Wink Communications Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding out­standing shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Sources: Warrant Agreement (Genstar Therapeutics Corp)