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

Adjustment for Other Dividends and Distributions. If Borrower shall make or issue, or shall fix a record date for the determination of eligible holders of its capital stock entitled to receive, a dividend or other distribution payable with respect to the Conversion Stock that is payable in securities of Borrower (other than issuances with respect to which adjustment is made under Section 4.1 or 4.3 of this Schedule II), or in assets (other than cash dividends) (each, a “Dividend Event”), and such dividend or other distribution is actually made, then, and in each such case, a Lender, upon conversion of an Actual Conversion Amount at any time after such Dividend Event, shall receive, in addition to the Conversion Stock issuable upon such conversion of its Note, the securities or other assets that would have been issuable to such Lender had such Lender, immediately prior to such Dividend Event, converted such Actual Conversion Amount into Conversion Stock.

Appears in 5 contracts

Samples: Security Agreement (Enphase Energy, Inc.), Security Agreement (Enphase Energy, Inc.), Security Agreement (Enphase Energy, Inc.)

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Adjustment for Other Dividends and Distributions. If Borrower the Company shall make or issue, or shall fix a record date for the determination of eligible holders of its capital stock entitled to receive, a dividend or other distribution payable with respect to the Conversion Stock that is payable in securities of Borrower the Company (other than issuances with respect to which adjustment is made under Section 4.1 Sections 8.1 or 4.3 of this Schedule II8.3), or in assets (other than cash dividends) (each, a “Dividend Event”), and such dividend or other distribution is actually made, then, and in each such case, a LenderHolder, upon conversion of an Actual Conversion Amount at any time after such Dividend Event, shall receive, in addition to the Conversion Stock issuable upon such conversion of its the Note, the securities or other assets that would have been issuable to such Lender Holder had such LenderHolder, immediately prior to such Dividend Event, converted such Actual Conversion Amount into Conversion Stock.

Appears in 4 contracts

Samples: Purchase Agreement (Movano Inc.), Subordination Agreement (Ziprecruiter, Inc.), Subordination Agreement (Ziprecruiter, Inc.)

Adjustment for Other Dividends and Distributions. If Borrower the Company shall make or issue, or shall fix a record date for the determination of eligible holders of its capital stock entitled to receive, a dividend or other distribution payable with respect to the Conversion Stock that is payable in securities of Borrower the Company (other than issuances with respect to which adjustment is made under Section 4.1 Sections 8.1 or 4.3 of this Schedule II8.3), or in assets (other than cash dividends) (each, a “ Dividend Event Dividend Event”), and such dividend or other distribution is actually made, then, and in each such case, a LenderHolder, upon conversion of an Actual Conversion Amount at any time after such Dividend Event, shall receive, in addition to the Conversion Stock issuable upon such conversion of its the Note, the securities or other assets that would have been issuable to such Lender Holder had such LenderHolder, immediately prior to such Dividend Event, converted such Actual Conversion Amount into Conversion Stock.

Appears in 4 contracts

Samples: Subscription Agreement (BioPharmX Corp), Subscription Agreement (BioPharmX Corp), BioPharmX Corp

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Adjustment for Other Dividends and Distributions. If Borrower the Company shall make or issue, or shall fix a record date for the determination of eligible holders of its capital stock entitled to receive, a dividend or other distribution payable with respect to the Conversion Stock that is payable in securities of Borrower the Company (other than issuances with respect to which adjustment is made under Section 4.1 Sections 7.1 or 4.3 of this Schedule II7.3), or in assets (other than cash dividends) (each, a “Dividend Event”), and such dividend or other distribution is actually made, then, and in each such case, a LenderHolder, upon conversion of an Actual Conversion Amount at any time after such Dividend Event, shall receive, in addition to the Conversion Stock issuable upon such conversion of its the Note, the securities or other assets that would have been issuable to such Lender Holder had such LenderHolder, immediately prior to such Dividend Event, converted such Actual Conversion Amount into Conversion Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Amyris, Inc.)

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