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

Adjustment for Stock Splits and Stock Dividends. The Conversion Price and the number of shares of Conversion Stock shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Conversion Stock without the payment of consideration to the Company therefor at any time before an Actual Conversion Date.

Appears in 9 contracts

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

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Adjustment for Stock Splits and Stock Dividends. The Conversion Price and the number of shares of Conversion Stock shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Conversion Stock without the payment of consideration to the Company Borrower therefor at any time before an Actual Conversion Date.

Appears in 6 contracts

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

Adjustment for Stock Splits and Stock Dividends. The Conversion Price and the number of shares of Conversion Stock shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Conversion Stock (and/or as applicable, without the payment of consideration to the Company therefor at any time before an Actual Conversion Date).

Appears in 2 contracts

Samples: And Note Purchase Agreement (Proterra Inc), Proterra Inc

Adjustment for Stock Splits and Stock Dividends. The Conversion Price and the number of shares of Conversion Stock shall each be proportionally adjusted as appropriate to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Conversion Stock without the payment of consideration to the Company Parent therefor at any time before an Actual Conversion Dateduring the VWAP Period.

Appears in 2 contracts

Samples: Note Purchase Agreement (Aduro Biotech, Inc.), Purchase Agreement (Aduro Biotech, Inc.)

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Adjustment for Stock Splits and Stock Dividends. The Conversion Price and the number of shares of Conversion Stock shall each be proportionally adjusted to reflect any stock dividend, stock split, reverse stock split or other similar event affecting the number of outstanding shares of Conversion Stock (and/or as applicable, without the payment of consideration to the Company therefor at any time before an Actual Conversion Date). 1 NTD: Bracketed language to be included in Notes held by Xxxxx Investors only.

Appears in 1 contract

Samples: Security Agreement (ArcLight Clean Transition Corp.)

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