Common use of Adjustments for Reverse Stock Splits Clause in Contracts

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 18 contracts

Samples: Intercreditor Agreement (Cinedigm Corp.), Intercreditor Agreement (Cinedigm Corp.), Loan Agreement (PureSafe Water Systems, Inc.)

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Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding sharesincreased.

Appears in 7 contracts

Samples: Apd Antiquities, Inc., Apd Antiquities, Inc., Apd Antiquities, Inc.

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof Issuance Date is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the IPO Conversion Price for this Note or the Modified Conversion Price, as the case may be, shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof of this Note or the number of shares of Common Stock issuable upon conversion of the Series G Preferred Stock, as the case may be, shall be decreased in proportion to such decrease in outstanding shares.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Ceres, Inc.), Convertible Note Purchase Agreement (Ceres, Inc.)

Adjustments for Reverse Stock Splits. If the number of shares of ------------------------------------ Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Biomarin Pharmaceutical Inc), Convertible Note Purchase Agreement (Biomarin Pharmaceutical Inc)

Adjustments for Reverse Stock Splits. If the number of shares of Maker Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Maker Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Maker Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 2 contracts

Samples: Master Agreement (Seanergy Maritime Corp.), Master Agreement (Seanergy Maritime Corp.)

Adjustments for Reverse Stock Splits. If the number numbers of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 2 contracts

Samples: Viva Gaming & Resorts Inc, Convertible Note Agreement (Hand Brand Distribution Inc)

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note Debenture shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof or as an interest payment on this Debenture shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Registration Rights Agreement (IMMS, Inc.)

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Deltapoint Inc

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, then following the record date of such combination, the Conversion Price for this Note Debenture shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Warrant Purchase Agreement (E Com Technologies Corp)

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note Debenture shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Escrow Agreement (Isolyser Co Inc /Ga/)

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Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock Conversion Shares issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Inuvo Note Termination Agreement (Inuvo, Inc.)

Adjustments for Reverse Stock Splits. If In the number of shares of Common Stock outstanding event the Company should at any time or from time to time after the date of issuance hereof is decreased by fix a record date for the effectuation of a combination (whether by reverse stock split or reverse subdivision or otherwise) of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Ista Pharmaceuticals Inc

Adjustments for Reverse Stock Splits. If the number numbers of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Employment Agreement (World Information Technology Inc)

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note Warrant shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Agreement (Miller Petroleum Inc)

Adjustments for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof Effective Date is decreased by a combination of the outstanding shares of Common Stock, Stock then, following the record date of such combination, the Conversion Exercise Price for this Note any Warrants shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof exercise thereof shall be decreased in proportion to such decrease in outstanding shares.

Appears in 1 contract

Samples: Loan Agreement and Agreement (Micro General Corp)

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