Common use of Adjustment for Stock Splits and Combinations Clause in Contracts

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”) effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 10 contracts

Samples: Subscription Agreement (Remote Knowledge Inc), Warrant (Varitek Industries Inc), Subscription Agreement (Remote Knowledge Inc)

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Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the "Original Issue Date") while this Warrant remains outstanding, effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 10 contracts

Samples: United Fuel & Energy Corp, Houston American Energy Corp, Digital Lifestyles Group Inc

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”) while this Warrant remains outstanding, effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 6 contracts

Samples: Bioject Medical Technologies Inc, Digital Lifestyles Group Inc, Bioject Medical Technologies Inc

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”"ORIGINAL ISSUE DATE") while this Warrant remains outstanding, effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 5 contracts

Samples: Tag It Pacific Inc, Tarrant Apparel Group, Tarrant Apparel Group

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”"ORIGINAL ISSUE DATE") while this Warrant remains outstanding, effect a subdivision or split of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section SECTION 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 3 contracts

Samples: Peoples Liberation Inc, Peoples Liberation Inc, Century Pacific Financial Corp

Adjustment for Stock Splits and Combinations. If the Company shall ------------------------------------------------- shall, at any time or from time to time after the date hereof (the "Original Issue Date") while this Warrant remains outstanding, effect a --------------------- subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Us Energy Corp, Us Energy Corp

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the "Original Issue Date") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Remote Knowledge Inc, Id Systems Inc

Adjustment for Stock Splits and Combinations. If the Company shall at any time while this Warrant, or from time to time after the date hereof (the “Original Issue Date”) effect any portion hereof, remains outstanding and unexpired, effects a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such prior to that subdivision shall be proportionately decreased. Conversely, if the Company shall at any time while this Warrant, or from time to time after the Original Issue Date combine any portion hereof, remains outstanding and unexpired, combines the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such prior to the combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) 2A shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Exercise Agreement (Cardinal Minerals Inc), Stock Option Agreement (Cardinal Minerals Inc)

Adjustment for Stock Splits and Combinations. If the Company shall shall, at any time or from time to time after the date hereof (the “Original Issue Date”) while this Warrant remains outstanding, effect a subdivision or split of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Peoples Liberation Inc, Peoples Liberation Inc

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”) effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i3.l(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Transition Services Agreement (Independence Contract Drilling, Inc.), Independence Contract Drilling, Inc.

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Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof of this Warrant (the “Original Issue "Commitment Date") effect effects a subdivision of the outstanding Common StockStock of the Company, the Exercise Calculation Price then in effect immediately before such that subdivision shall be proportionately decreased. Conversely; and conversely, if the Company shall at any time or from time to time after the Original Issue Commitment Date combine combines the outstanding shares of Common Stock into a smaller number of shares, the Exercise Calculation Price then in effect immediately before such the combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(isubsection (b) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Long Distance International Inc, Long Distance International Inc

Adjustment for Stock Splits and Combinations. If the -------------------------------------------- Company shall at any time or from time to time after the date hereof (the "Original Issue Date") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Turbochef Technologies Inc

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”"ORIGINAL ISSUE DATE") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Factory 2 U Stores Inc

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the “Original Issue Date”) Date effect a subdivision of the outstanding Common StockClass A Shares, the Exercise Price Amount then in effect immediately before such the subdivision shall be proportionately increased and the Exercise Price shall be proportionately decreased. Conversely, if If the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of sharesClass A Shares, the Exercise Price Amount then in effect immediately before such the combination shall be proportionately decreased and the Exercise Price shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) paragraph shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Starwood Financial Trust

Adjustment for Stock Splits and Combinations. If the Company shall at any time or from time to time after the date hereof (the "Original Issue Date") effect a subdivision of the outstanding Common Stock, the Exercise Price in effect immediately before such that subdivision shall be proportionately decreased. Conversely, if the Company shall at any time or from time to time after the Original Issue Date combine the outstanding shares of Common Stock into a smaller number of shares, the Exercise Price in effect immediately before such the combination shall be proportionately increased. Any adjustment under this Section 3.1(a)(i) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Tyler Technologies Inc

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