Subdivision or Combination of Units Clause Samples

Subdivision or Combination of Units. If the Company at any time subdivides (by any unit split, recapitalization or otherwise) one or more series or classes, its outstanding Class A Units into a greater number of units, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Class A Units obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse unit split or otherwise) one or more series or classes of its outstanding Class A Units into a smaller number of units, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Class A Units obtainable upon exercise of this Warrant shall be proportionately decreased.
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Subdivision or Combination of Units. If the Company at any time shall combine or subdivide its Preferred Units, (i) in the case of a subdivision, the Exercise Price shall be proportionately decreased and the number of Preferred Units issuable hereunder shall be proportionately increased, or (ii) in the case of a combination, the Exercise Price shall be proportionately increased and the number of Preferred Units issuable hereunder shall be proportionately decreased.
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Subdivision or Combination of Units. If the Partnership at any time ----------------------------------- shall combine or subdivide its Units, the Exercise Price shall be proportionately decreased in the case of a subdivision, or proportionately increased in the case of a combination.
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Subdivision or Combination of Units. In case the Company shall at any time subdivide the outstanding Units into a greater number of Units, the number of Units issuable upon exercise of this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the outstanding Units shall be combined at any time into a smaller number of Units, the number of Units issuable upon exercise of this Warrant immediately prior to such combination shall be proportionately reduced.
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Subdivision or Combination of Units. If the Company at any time subdivides (by any Unit split, dividend, recapitalization or otherwise) its Units into a greater number of Units, the Adjusted Liquidation Value in effect immediately prior to such subdivision shall be proportionately reduced and the number of New Units shall be proportionately increased. If the Company at any time combines (by reverse Unit split or otherwise) its Units into a smaller number of Units, the Adjusted Liquidation Value in effect immediately prior to such combination shall be proportionately increased and the number of New Units shall be proportionately decreased.
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Subdivision or Combination of Units. If the Company at any time subdivides one or more classes of its outstanding Units into a greater number of Units, or decreases the percentage interest attributable to any Unit, the Conversion Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company at any time combines one or more classes of its outstanding Units into a smaller number of Units or increases the percentage interest attributable to the Units, the Conversion Price in effect immediately prior to such combination will be proportionately increased.
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Subdivision or Combination of Units. In case the Company shall at any time subdivide the outstanding Units into a greater number of Units, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Units issuable upon exercise of this Warrant immediately prior to such subdivision shall be proportionately increased, and conversely, in case the outstanding Units shall be combined at any time into a smaller number of Units, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Units issuable upon exercise of this Warrant immediately prior to such combination shall be proportionately reduced.
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Related to Subdivision or Combination of Units

  • Subdivision or Combination of Shares If the Company at any time shall combine or subdivide its Preferred Stock, the Exercise Price shall be proportionately decreased in the case of a subdivision, or proportionately increased in the case of a combination.

  • Subdivision or Combination of Stock In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased.

  • Subdivision or Combination of Common Stock If the Company at any time subdivides (by any stock split, stock dividend, recapitalization, reorganization, reclassification or otherwise) the shares of Common Stock acquirable hereunder into a greater number of shares, then, after the date of record for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company at any time combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise) the shares of Common Stock acquirable hereunder into a smaller number of shares, then, after the date of record for effecting such combination, the Exercise Price in effect immediately prior to such combination will be proportionately increased.

  • Split, Subdivision or Combination of Shares If the Company at any time while this Warrant, or any portion thereof, remains outstanding and unexpired shall split, subdivide or combine the securities as to which purchase rights under this Warrant exist, into a different number of securities of the same class, the Exercise Price for such securities shall be proportionately decreased in the case of a split or subdivision or proportionately increased in the case of a combination.

  • Adjustment upon Subdivision or Combination of Common Stock If the Company at any time on or after the Subscription Date subdivides (by any stock split, stock dividend, recapitalization or otherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced and the number of Warrant Shares will be proportionately increased. If the Company at any time on or after the Subscription Date combines (by combination, reverse stock split or otherwise) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately prior to such combination will be proportionately increased and the number of Warrant Shares will be proportionately decreased. Any adjustment under this Section 2(c) shall become effective at the close of business on the date the subdivision or combination becomes effective.