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

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issues, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other property, in each such event provision shall be made so that the Purchaser shall receive upon conversion hereof, in addition to the number of shares of Common Stock receivable hereupon, the amount of securities of the Company or other property which such Purchaser would have received had this Note been converted into Common Stock on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 with respect to the rights of the Purchaser or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 3 contracts

Samples: Private Placement Subscription Agreement (Counterpath Solutions, Inc.), Bulldog Technologies Inc, Counterpath Solutions, Inc.

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Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issues, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other property, in each such event provision shall be made so that the Purchaser Holder shall receive upon conversion hereof, in addition to the number of shares of Common Stock receivable hereupon, the amount of securities of the Company or other property which such Purchaser Holder would have received had this Note Warrant been converted into exercised for shares of Common Stock on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion exercise date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 8 with respect to the rights of the Purchaser Holder or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 3 contracts

Samples: Private Placement Subscription Agreement (Counterpath Solutions, Inc.), Counterpath Solutions, Inc., Counterpath Solutions, Inc.

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issues, or fixes a record date for the determination of holders of Common Stock Shares entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock Shares or in other property, in each such event provision shall be made so that the Purchaser Holder shall receive upon conversion hereof, in addition to the number of shares of Common Stock Shares receivable hereupon, the amount of securities of the Company or other property which such Purchaser Holder would have received had this Note the Warrants been converted into exercised for Common Stock Shares on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion exercise date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 4.3 with respect to the rights of the Purchaser Holder or with respect to such other securities or other property by their terms. As used herein, the term "other property" does not include cash.

Appears in 1 contract

Samples: Warrant Issuance Agreement (Megawest Energy Corp.)

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue Issuance issues, or fixes a record date for the determination of holders of Common Stock Shares entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock Shares or in other property, in each such event provision shall be made so that the Purchaser Holder of this Note shall receive upon conversion hereofof this Note, in addition to the number of shares of Common Stock Shares receivable hereupon, the amount of securities of the Company or other property which such Purchaser Holder would have received had this Note been converted into Common Stock Shares on the date of such event and had it they thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 9 with respect to the rights of the Purchaser Holder or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: Securities Purchase Agreement (Distributed Energy Systems Corp)

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issuesDate makes, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other propertyStock, in each such event provision shall be made so that the Purchaser Holder of the Convertible Note shall receive upon conversion hereofthereof, in addition to the number of shares of Common Stock receivable hereuponthereupon, the amount of other securities of the Company or other property which such Purchaser it would have received had this the Convertible Note been converted into Common Stock on the date of such event and had it Holder thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 with respect to the rights of the Purchaser Holder of the Convertible Note or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: Stockholders Agreement (Singer Brad C)

Adjustments for Other Dividends and Distributions. If the Company Ensysce, at any time or from time to time after the Date occurrence of Original Issue a Qualifying Financing, issues, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company Ensysce (other than shares of Common Stock common stock) or in other property, in each such event provision shall be made so that the Purchaser Investor shall receive upon conversion hereof, in addition to the number of shares of Common Stock common stock receivable hereupon, the amount of securities of the Company Ensysce or other property which such Purchaser Investor would have received had this Note been converted into Common Stock common stock on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 6 with respect to the rights of the Purchaser Investor or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: Leisure Acquisition Corp.

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issues, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other property, in each such event provision shall be made so that the Purchaser Investor shall receive upon conversion hereof, in addition to the number of shares of Common Stock receivable hereupon, the amount of securities of the Company or other property which such Purchaser Investor would have received had this Note been converted into Common Stock on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 6 with respect to the rights of the Purchaser Investor or with respect to such other securities or other property by their terms. As used herein, the term "other property" does not include cash.

Appears in 1 contract

Samples: Houston American Energy Corp

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Series A Original Issue issuesDate makes, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other propertyStock, in each such event provision shall be made so that the Purchaser holders of Series A Stock shall receive upon conversion hereofthereof, in addition to the number of shares of Common Stock receivable hereuponthereupon, the amount of other securities of the Company or other property which such Purchaser they would have received had this Note their Series A Stock been converted into Common Stock on the date of such event and had it they thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 with respect to the rights of the Purchaser holders of Series A Stock or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Biodelivery Sciences International Inc)

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Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issues, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other property, in each such event provision shall be made so that the Purchaser Investor shall receive upon conversion hereof, in addition to the number of shares of Common Stock receivable hereupon, the amount of securities of the Company or other property which such Purchaser Investor would have received had this Note been converted into Common Stock on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 with respect to the rights of the Purchaser Investor or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: IntelliHome, Inc.

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issuesDate makes, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other propertyStock, in each such event provision shall be made so that the Purchaser holders of the Series A Preferred shall receive upon conversion hereofthereof, in addition to the number of shares of Common Stock receivable hereuponthereupon, the amount of other securities of the Company or other property which such Purchaser they would have received had this Note their Series A Preferred been converted into Common Stock on the date of such event and had it they thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 4 with respect to the rights of the Purchaser holders of the Series A Preferred or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunesis Pharmaceuticals Inc)

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issues, or fixes a record date for the determination of holders of Common Stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock or in other property, in each such event provision shall be made so that the Purchaser Holder shall receive upon conversion hereof, in addition to the number of shares of Common Stock receivable hereupon, the amount of securities of the Company or other property which such Purchaser Holder would have received had this Note Warrant been converted into exercised for shares of Common Stock on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion exercise date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 9 with respect to the rights of the Purchaser Holder or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: Bulldog Technologies Inc

Adjustments for Other Dividends and Distributions. If the Company at any time or from time to time after the Date of Original Issue issues, or fixes a record date for the determination of holders of Common Stock common stock entitled to receive, a dividend or other distribution payable in securities of the Company other than shares of Common Stock common stock or in other property, in each such event provision shall be made so that the Purchaser shall receive upon conversion hereof, in addition to the number of shares of Common Stock common stock receivable hereupon, the amount of securities of the Company or other property which such Purchaser would have received had this Note Debenture been converted into Common Stock common stock on the date of such event and had it thereafter, during the period from the date of such event to and including the conversion date, retained such securities or other property receivable by it as aforesaid during such period, subject to all other adjustments called for during such period under this Section 5 with respect to the rights of the Purchaser or with respect to such other securities or other property by their terms. As used herein, the term “other property” does not include cash.

Appears in 1 contract

Samples: Private Placement Subscription Agreement (Southern Star Energy Inc.)

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