Common use of Adjustments for Dividends in Common Stock or Other Securities or Property Clause in Contracts

Adjustments for Dividends in Common Stock or Other Securities or Property. If while this Warrant, or any portion hereof, remains outstanding and unexpired, the holders of any class of securities as to which purchase rights under this Warrant exist at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholders, shall have become entitled to receive, without payment therefor, other or additional Common Stock or other securities or property (other than cash) of the Company by way of dividend, then and in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of such class of securities receivable upon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash) of the Company that such Holder would hold on the date of such exercise had it been the holder of record of the class of security receivable upon exercise of this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such Warrant Shares and/or all other additional Common Stock available to it as aforesaid during said period, giving effect to all adjustments called for during such period by the provisions of this Section 2.

Appears in 3 contracts

Samples: Warrant Agreement (Compucredit Corp), Warrant Agreement (Compucredit Corp), Compucredit Corp

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Adjustments for Dividends in Common Stock or Other Securities or Property. If while this Warrant, or any portion hereof, remains outstanding and unexpired, unexpired the holders of any class of the securities as to which purchase rights under this Warrant exist at the time shall have received, or, on or after the record date fixed for the determination of eligible stockholdersShareholders, shall have become entitled to receive, without payment therefor, other or additional Common Stock stock or other securities or property (other than cash) of the Company by way of dividend, then and in each case, this Warrant shall represent the right to acquire, in addition to the number of shares of such class of securities the security receivable upon exercise of this Warrant, and without payment of any additional consideration therefor, the amount of such other or additional stock or other securities or property (other than cash) of the Company that such Holder holder would hold on the date of such exercise had it been the holder of record of the class of security receivable upon exercise of this Warrant on the date hereof and had thereafter, during the period from the date hereof to and including the date of such exercise, retained such Warrant Shares shares and/or all other additional Common Stock stock, other securities or property available to it by this Warrant as aforesaid during said such period, giving effect to all adjustments called for during such period by the provisions of this Section 211.

Appears in 1 contract

Samples: Tandem Health Care, Inc.

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