Common use of Adjustment for Certain Dividends and Distributions Clause in Contracts

Adjustment for Certain Dividends and Distributions. In the event the Company at any time or from time to time after the date hereof shall make or issue a dividend or other distribution payable in additional shares of Common Stock, then and in each such event the Warrant Price shall be decreased as of the time of such issuance, by multiplying the Warrant Price by a fraction:

Appears in 32 contracts

Samples: Biolargo, Inc., Biolargo, Inc., Biolargo, Inc.

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Adjustment for Certain Dividends and Distributions. In the event the Company at any time or from time to time after the date hereof Original Issue Date shall make or issue a dividend or other distribution payable to the holders of Common Stock in additional shares of Common Stock, then and in each such event the Warrant Conversion Price and the Base Price shall each be decreased as of the time of such issuance, by multiplying the Warrant Conversion Price and the Base Price, respectively, by a fraction:

Appears in 2 contracts

Samples: Convertible Note (Atx Group Inc), Convertible Note (Atx Group Inc)

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