Subdivision and Combination. In case the Company shall at any time issue any shares of Common Stock in connection with a stock dividend in shares of Common Stock or subdivide or combine the outstanding shares of Common Stock, the Exercise Price shall forthwith be proportionately decreased in the case of a stock dividend or a subdivision or increased in the case of a combination.
Appears in 2 contracts
Sources: Warrant Agreement (HyperSpace Communications, Inc.), Warrant Agreement (HyperSpace Communications, Inc.)
Subdivision and Combination. In case the Company shall at any time issue any shares of Common Stock in connection with a stock dividend in shares of Common Stock Stock, or subdivide subdivide, split, or combine the outstanding shares of Common Stock, the Exercise Purchase Price shall forthwith be proportionately decreased (in the case of a stock dividend dividend, subdivision, or a subdivision split) or increased (in the case of a combination).
Appears in 1 contract
Sources: Underwriters' Warrant Agreement (Infohighway Communications Corp)