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

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of Warrant issuance (the “Original Issuance Date”) effects a subdivision of the outstanding Common Stock, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date combines the outstanding shares of Common Stock into a smaller number of shares, the Purchase Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this Section 4(A) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 14 contracts

Samples: Warrant Signature Page (Beacon Enterprise Solutions Group Inc), Warrant Signature Page (Xa, Inc.), Warrant Signature Page (Xa, Inc.)

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Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of this Warrant issuance (the “Original Issuance Date”) effects a subdivision of the outstanding shares of Common Stock, by stock split or otherwise, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased; and, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date date of this Warrant combines the outstanding shares of Common Stock into a smaller number of sharesStock, by reverse stock split or otherwise, the Purchase Price then in effect immediately before the that combination shall be proportionately increased. Any adjustment under this Section 4(A3(b) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 10 contracts

Samples: Preferred Stock and Warrant Purchase Agreement (First Physicians Capital Group, Inc.), Preferred Stock and Warrant Purchase Agreement (First Physicians Capital Group, Inc.), Tri-Isthmus Group, Inc.

Adjustment for Stock Splits and Combinations. If the Company Corporation at any time or from time to time on or after the date of Warrant issuance (the “Original Issuance Date”) hereof effects a subdivision of the its outstanding shares of Common Stock, the Purchase Warrant Price then in effect immediately before that the subdivision shall be proportionately decreased, and conversely, if the Company Corporation at any time or from time to time on or after the Original Issuance Date date hereof combines the outstanding shares of Common Stock into a smaller number of shares, the Purchase Warrant Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this Section 4(Asubsection 4(a) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 6 contracts

Samples: Loan Agreement (Zion Oil & Gas Inc), Loan Agreement (Zion Oil & Gas Inc), Loan Agreement (Zion Oil & Gas Inc)

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of this Warrant issuance (the “Original Issuance Date”) effects a subdivision of the outstanding Common Stock, by stock split or otherwise, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased; and, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date date of this Warrant combines the outstanding shares of Common Stock into a smaller number of sharesStock, by reverse stock split or otherwise, the Purchase Price then in effect immediately before the that combination shall be proportionately increased. Any adjustment under this Section 4(A3(b) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 5 contracts

Samples: Vsource Inc, Vsource Inc, Mercantile Equity Partners Iii L P

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of Warrant issuance (the "Original Issuance Date") effects a subdivision of the outstanding Common Stock, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date combines the outstanding shares of Common Stock into a smaller number of shares, the Purchase Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this Section 4(A) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 3 contracts

Samples: Suncrest Global Energy Corp, Suncrest Global Energy Corp, Suncrest Global Energy Corp

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of this Warrant issuance (the “Original Issuance Date”) effects shall effect a subdivision of the outstanding Common Stock, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time Stock or from time to time on or after the Original Issuance Date combines the outstanding shares of Common Stock into a smaller number of sharesStock, then, in each such case, the Underlying Share Purchase Price then in effect immediately before the combination prior to such event shall be proportionately increasedadjusted so that the Holder of this Warrant shall have the right to purchase the number of shares of Common Stock which he, she or it would have had the right to purchase after the event had such shares of Common Stock been purchased immediately prior to the occurrence of such event. Any adjustment under this Section 4(A4(a) shall become effective at the close as of business on the date the and time such subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Term Credit Agreement (Entrada Networks Inc), Term Credit Agreement (Entrada Networks Inc)

Adjustment for Stock Splits and Combinations. If the Company --------------------------------------------- at any time or from time to time on or after the date of this Warrant issuance (the “Original Issuance Date”) effects a subdivision of the outstanding Common Stock, by stock split or otherwise, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased; and, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date date of this Warrant combines the outstanding shares of Common Stock into a smaller number of sharesStock, by reverse stock split or otherwise, the Purchase Price then in effect immediately before the that combination shall be proportionately increased. Any adjustment under this Section 4(A3(b) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Note and Warrant (Vsource Inc), Purchase Agreement (Vsource Inc)

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of Warrant issuance (the “Original Issuance Date”) Date effects a subdivision of the outstanding Common Stock, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date combines the outstanding shares of Common Stock into a smaller number of shares, the Purchase Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this Section SECTION 4(A) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 2 contracts

Samples: Patron Systems Inc, Patron Systems Inc

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Adjustment for Stock Splits and Combinations. If the Company Corporation at any time or from time to time on or after the date of Warrant issuance (the “Original Issuance Date”) effects a split or subdivision of the outstanding Common Stock, the Purchase Price then Conversion Ratio in effect immediately before that split or subdivision shall be proportionately decreasedincreased (i.e., and the number of shares of Common Stock to be issued per share of Series A Preferred Stock shall be increased), and, conversely, if the Company Corporation at any time or from time to time on or after the Original Issuance Date combines the outstanding shares of Common Stock into a smaller number of sharesStock, the Purchase Price Conversion Ratio then in effect immediately before the combination shall be proportionately increaseddecreased. Any adjustment under this Section 4(A4(c) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Stock Purchase Agreement (Gargoyles Inc)

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of Warrant issuance (Original Issue Date the “Original Issuance Date”) Company effects a subdivision of the outstanding Common Stock without a corresponding subdivision of the Preferred Stock, the Purchase Conversion Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely. Conversely, if the Company at any time or from time to time on or after the Original Issuance Issue Date the Company combines the outstanding shares of Common Stock into a smaller number of sharesshares without a corresponding combination of the Preferred Stock, the Purchase Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this Section 4(A4(e) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Securities Purchase Agreement (Aradigm Corp)

Adjustment for Stock Splits and Combinations. If the ----------------------------------------------- Company at any time or from time to time on or after the date of this Warrant issuance (the “Original Issuance Date”) effects a subdivision of the outstanding Common Stock, by stock split or otherwise, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased; and, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date date of this Warrant combines the outstanding shares of Common Stock into a smaller number of sharesStock, by reverse stock split or otherwise, the Purchase Price then in effect immediately before the that combination shall be proportionately increased. Any adjustment under this Section 4(A3(b) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Vsource Inc

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of Warrant issuance (the “Original Issuance Date”"ORIGINAL ISSUANCE DATE") effects a subdivision of the outstanding Common Stock, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date combines the outstanding shares of Common Stock into a smaller number of shares, the Purchase Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this Section SECTION 4(A) shall become effective at the close of business on the date the subdivision or combination becomes effective.

Appears in 1 contract

Samples: Warrant Signature (Xa, Inc.)

Adjustment for Stock Splits and Combinations. If the Company at any time or from time to time on or after the date of this Warrant issuance (the “Original Issuance Date”) effects a subdivision of the outstanding Common Stock, by stock split or otherwise, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased; and, and conversely, if the Company at any time or from time to time on or after the Original Issuance Date date of this Warrant combines the outstanding shares of Common Stock into a smaller number of sharesStock, by reverse stock split or otherwise, the Purchase Price then in effect immediately before the that combination shall be proportionately increased. Any adjustment under this Section 4(A3(b) shall become effective at the close of business on the date the subdivision or combination becomes effective.. 5NEXT PAGE

Appears in 1 contract

Samples: Vsource Inc

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