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

Adjustment for Other Dividends and Distributions. If the Company shall at any time or from time to time after the date hereof, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Price shall be made and provision shall be made (by adjustments of the Exercise Price or otherwise) so that the holder of this Note shall receive upon conversions thereof, in addition to the number of shares of Common Stock receivable thereon, the number of securities of the Company which they would have received had this Note been converted into Common Stock on the date of such event and had thereafter, during the period from the date of such event to and including the date hereof, retained such securities (together with any distributions payable thereon during such period), giving application to all adjustments called for during such period under this Section (c) with respect to the rights of the holders of the Warrant.

Appears in 6 contracts

Samples: Standstill Agreement (Environmental Remediation Holding Corp), Standstill Agreement (Environmental Remediation Holding Corp), Standstill Agreement (Environmental Remediation Holding Corp)

AutoNDA by SimpleDocs

Adjustment for Other Dividends and Distributions. If the Company shall at any time or from time to time after the date hereofIssuance Date, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Conversion Price shall be made and provision shall be made (by adjustments of the Exercise Conversion Price or otherwise) so that the holder of this Note shall receive upon conversions thereof, in addition to the number of shares of Common Stock receivable thereon, the number of securities of the Company which they would have received had this Note been converted into Common Stock on the date of such event and had thereafter, during the period from the date of such event to and including the date hereofConversion Date, retained such securities (together with any distributions payable thereon during such period), giving application to all adjustments called for during such period under this Section (ciii) with respect to the rights of the holders of the WarrantNote.

Appears in 4 contracts

Samples: Standstill Agreement (Environmental Remediation Holding Corp), Standstill Agreement (Environmental Remediation Holding Corp), Standstill Agreement (Environmental Remediation Holding Corp)

Adjustment for Other Dividends and Distributions. If the Company shall at any time or from time to time after the date hereof, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Price shall be made and provision shall be made (by adjustments of the Exercise Price or otherwise) so that the holder of this Note Warrant shall receive upon conversions exercise thereof, in addition to the number of shares of Common Stock receivable thereon, the number of securities of the Company which they would have received had this Note Warrant been converted into Common Stock exercised on the date of such event and had thereafter, during the period from the date of such event to and including the date hereof, retained such securities (together with any distributions payable thereon during such period), giving application to all adjustments called for during such period under this Section (c7(c) with respect to the rights of the holders of the Warrant.

Appears in 3 contracts

Samples: Clements Golden Phoenix Enterprises Inc, Clements Golden Phoenix Enterprises Inc, Clements Golden Phoenix Enterprises Inc

Adjustment for Other Dividends and Distributions. If the Company shall at any time or from time to time after the date hereofIssuance Date, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Conversion Price shall be made and provision shall be made (by adjustments of the Exercise Conversion Price or otherwise) so that the holder of this Note shall receive upon conversions thereof, in addition to the number of shares of Common Stock receivable thereon, the number of securities of the Company which they would have received had this Note been converted into Common Stock on the date of such event and had thereafter, during the period from the date of such event to and including the date hereofConversion Date, retained such securities (together with any distributions payable thereon during such period), giving application to all adjustments called for during such period under this Section (c5(d)(iii) with respect to the rights of the holders of the WarrantNote.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Environmental Remediation Holding Corp), Environmental Remediation Holding Corp, Environmental Remediation Holding Corp

Adjustment for Other Dividends and Distributions. If the Company shall at any time or from time to time after the date hereof, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Price shall be made and provision shall be made (by adjustments of the Exercise Price or otherwise) so that the holder of this Note shall receive upon conversions thereof, in addition to the number of shares of Common Stock receivable thereon, the number of securities of the Company which they would have received had this Note been converted into Common Stock on the date of such event and had thereafter, during the period from the date of such event to and including the date hereof, retained such securities (together with any distributions payable thereon during such period), giving application to all adjustments called for during such period under this Section (c8(c) with respect to the rights of the holders of the Warrant.

Appears in 3 contracts

Samples: Environmental Remediation Holding Corp, Ip Voice Com Inc, Surgical Safety Products Inc

Adjustment for Other Dividends and Distributions. If the Company shall ------------------------------------------------------ Corporation at any time or from time to time after the date hereofOriginal Issue Date makes, make or issue or set fixes a record date for the determination of holders of Common Stock entitled to receive receive, a dividend or other distribution payable in securities of the Corporation other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Price shall be made and such event provision shall be made (by adjustments of the Exercise Price or otherwise) so that the holder of this Note the Warrant shall receive upon conversions Exercise thereof, in addition to the number of shares of Common Stock receivable thereonthereupon, the number amount of other securities of the Company which they Corporation that it would have received had this Note its Warrant been converted into exercised for Common Stock on the date of such event and had it thereafter, during the period from the date of such event to and including the date hereofexercise date, retained such securities (together with any distributions payable thereon receivable by them as aforesaid during such period), giving application subject to all other adjustments called for during such period under this Section (c) 3 with respect to the rights of the holders holder of the WarrantWarrant or with respect to such other securities by their terms.

Appears in 1 contract

Samples: Theglobe Com Inc

Adjustment for Other Dividends and Distributions. If the Company Maker shall at any time or from time to time after the date hereofIssuance Date, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise applicable Conversion Price shall be made and provision shall be made (by adjustments of the Exercise Conversion Price or otherwise) so that the holder holders of this Note the Notes shall receive upon conversions thereof, in addition to the number of shares of Common Stock receivable thereon, the number of securities of the Company Maker which they would have received had this Note their Notes been converted into Common Stock on the date of such event and had thereafter, during the period from the date of such event to and including the date hereofConversion Date, retained such securities (together with any distributions payable thereon during such period), giving application to all adjustments called for during such period under this Section (c3.6(a)(iii) with respect to the rights of the holders of the WarrantNotes.

Appears in 1 contract

Samples: Vertel Corp

AutoNDA by SimpleDocs

Adjustment for Other Dividends and Distributions. If In the Company shall event the corporation at any time or from time to time after the date hereof, Original Issue Date shall make or issue issue, or set fix a record date for the determination of holders of Common Stock entitled to receive receive, a dividend or other distribution payable in securities of the corporation other than shares of Common Stock, then, then and in each event, an appropriate revision to the Exercise Price such event provisions shall be made and provision shall be made (by adjustments of the Exercise Price or otherwise) so that the holder holders of this Note Convertible Series A shall receive upon conversions conversion thereof, in addition to the number of shares of Common Stock receivable thereon, the number amount of securities of the Company corporation which they would have received had this Note their Convertible Series A been converted into Common Stock on the date of such event and had thereafter, during the period from the date of such event to and including the date hereofconversion date, retained such securities (together with any distributions payable thereon during such period)) receivable by them as aforesaid during such period, giving application to all adjustments called for during such period under this Section paragraph (cd) with respect to the rights of the holders of the Warrant.Convertible Series A.

Appears in 1 contract

Samples: Purchase Agreement (Cognigen Networks Inc)

Adjustment for Other Dividends and Distributions. If the Company shall at any time or from time to time after the date hereofIssuance Date, make or issue or set a record date for the determination of holders of Common Stock entitled to receive a dividend or other distribution payable in other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Conversion Price shall be made and provision shall be made (by adjustments of the Exercise Conversion Price or otherwise) so that the holder of this Note shall receive upon conversions thereof, in addition to the number of shares of Common Stock receivable thereon, the number of securities of the Company which they would have received had this Note been converted into Common Stock on the date of such event and had thereafter, during the period from the date of such event to and including the date hereofConversion Date, retained such securities (together with any distributions payable thereon during such period), giving application to all adjustments called for during such period under this Section (c4(c)(iii) with respect to the rights of the holders of the WarrantNote.

Appears in 1 contract

Samples: Environmental Remediation Holding Corp

Adjustment for Other Dividends and Distributions. If --------------------------------------------------- the Company shall Corporation at any time or from time to time after the date hereofOriginal Issue Date makes, make or issue or set fixes a record date for the determination of holders of Common Stock entitled to receive receive, a dividend or other distribution payable in securities of the Corporation other than shares of Common Stock, then, and in each event, an appropriate revision to the Exercise Price shall be made and such event provision shall be made (by adjustments of the Exercise Price or otherwise) so that the holder of this Note the Warrant shall receive upon conversions Exercise thereof, in addition to the number of shares of Common Stock receivable thereonthereupon, the number amount of other securities of the Company which they Corporation that it would have received had this Note its Warrant been converted into exercised for Common Stock on the date of such event and had it thereafter, during the period from the date of such event to and including the date hereofexercise date, retained such securities (together with any distributions payable thereon receivable by them as aforesaid during such period), giving application subject to all other adjustments called for during such period under this Section (c) 3 with respect to the rights of the holders holder of the WarrantWarrant or with respect to such other securities by their terms.

Appears in 1 contract

Samples: Theglobe Com Inc

Time is Money Join Law Insider Premium to draft better contracts faster.