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

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 Original Issue Date shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Conversion Price of each series of Preferred Stock in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Conversion Price of such series of Preferred Stock then in effect by a fraction:

Appears in 10 contracts

Samples: Adoption Agreement (Kodiak Venture Partners Iii Lp), Adoption Agreement (RiverRoad Capital Partners, LLC), Adoption Agreement (Gonzalez May Carlos Alfredo)

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Adjustment for Certain Dividends and Distributions. In the event If the Corporation at any time or from time to time after the Series A-2 Original Issue Date shall make for a series of Preferred Stock makes or issueissues, or fix fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Conversion Price of each for such series of Preferred Stock in effect immediately before such the event shall will be decreased as of the time of such issuance or, in the event such a record date shall have has been fixed, as of the close of business on such record date, by multiplying the such Conversion Price of such series of Preferred Stock then in effect by a fraction:

Appears in 3 contracts

Samples: Stock Purchase Agreement, License Agreement (Abpro Corp), License Agreement (Abpro Corp)

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 Original Issue Date for a series of Preferred Stock shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Conversion Price of each Ratio for such series of Preferred Stock in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the such Conversion Price of such series of Preferred Stock Ratio then in effect by a fraction:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Freeze Tag, Inc.)

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 Original Issue Date shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Series A Conversion Price of and the Series A-2 Conversion Price, each series of Preferred Stock as in effect immediately before such event event, shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Series A Conversion Price of such series of Preferred Stock and the Series A-2 Conversion Price, as the case may be, then in effect by a fraction:

Appears in 1 contract

Samples: Investors’ Rights Agreement (Seres Therapeutics, Inc.)

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 Original Issue Date shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such Table of Contents event the Conversion Price of each series of Preferred Stock in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Conversion Price of such series of Preferred Stock then in effect by a fraction:

Appears in 1 contract

Samples: Contribution and Exchange Agreement (Morningside Venture Investments LTD)

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 D Original Issue Date shall make or issue, or fix a record date for the determination of holders of Common Stock capital stock of the Corporation entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Series A Conversion Price, Series B Conversion Price, Series C Conversion Price, and Series D Conversion Price of each series of Preferred Stock in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Series A Conversion Price of such series of Preferred Stock Price, Series B Conversion Price, Series C Conversion Price, or Series D Conversion Price, respectively, then in effect by a fraction:

Appears in 1 contract

Samples: Business Financing Agreement (Vapotherm Inc)

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time time, or from time to time after the Series A-2 Original Issue Date for a series of Series Preferred Stock, shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Conversion Price of each for such series of Series Preferred Stock then in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Conversion Price of for such series of Series Preferred Stock then in effect by a fraction:

Appears in 1 contract

Samples: Warrant Purchase Agreement (Ascent Pediatrics Inc)

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Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 A Original Issue Date shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Series A Conversion Price of each series of Preferred Stock Ratio in effect immediately before such event shall be decreased adjusted as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Conversion Price number of such series shares of Common Stock into which the Series A Preferred Stock may be converted, as then in effect effect, by a fraction:

Appears in 1 contract

Samples: Stock Purchase Agreement (Hecht Peter M)

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 B Original Issue Date shall make or issue, or fix a record date for the determination of holders of Common Stock capital stock of the Corporation entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Series A Conversion Price of each series of Preferred Stock and Series B Conversion Price in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Series A Conversion Price of such series of Preferred Stock or Series B Conversion Price, respectively, then in effect by a fraction:

Appears in 1 contract

Samples: Registration Rights Agreement (Vapotherm Inc)

Adjustment for Certain Dividends and Distributions. In the event the Corporation at any time or from time to time after the Series A-2 C Original Issue Date shall make or issue, or fix a record date for the determination of holders of Common Stock capital stock of the Corporation entitled to receive, a dividend or other distribution payable on the Common Stock in additional shares of Common Stock, without a corresponding dividend on any shares of Preferred Stock, then and in each such event the Series A Conversion Price, Series B Conversion Price, and Series C Conversion Price of each series of Preferred Stock in effect immediately before such event shall be decreased as of the time of such issuance or, in the event such a record date shall have been fixed, as of the close of business on such record date, by multiplying the Series A Conversion Price of such series of Preferred Stock Price, Series B Conversion Price, or Series C Conversion Price, respectively, then in effect by a fraction:

Appears in 1 contract

Samples: Registration Rights Agreement (Vapotherm Inc)

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