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

Adjustments for Stock Splits and Combinations. If the Maker shall at any time or from time to time after the Issuance Date effect a stock split or combination of the outstanding Common Stock, the applicable Conversion Price in effect immediately prior to the stock split or combination shall be proportionately decreased or increased, as appropriate.

Appears in 3 contracts

Samples: Wt Holdings Corp, Wt Holdings Corp, Wt Holdings Corp

AutoNDA by SimpleDocs

Adjustments for Stock Splits and Combinations. If the Maker shall at any time or from time to time after the Issuance Date Date, effect a stock split or combination of the outstanding Common Stock, the applicable Conversion Price Ratio in effect immediately prior to the stock split shall be proportionately decreased. If the Maker shall at any time or from time to time after the Issuance Date, combine the outstanding shares of Common Stock, the applicable Conversion Ratio in effect immediately prior to the combination shall be proportionately decreased increased. Any adjustments under this Section 3.2(a)(i) shall be effective at the close of business on the date the stock split or increased, as appropriatecombination occurs.

Appears in 2 contracts

Samples: Logiq, Inc., Logiq, Inc.

AutoNDA by SimpleDocs

Adjustments for Stock Splits and Combinations. If the Maker shall at any time or from time to time after the Original Issuance Date Date, effect a stock split or combination of the outstanding Common Stock, the applicable Conversion Price in effect immediately prior to the stock split shall be proportionately decreased. If the Maker shall at any time or from time to time after the Original Issuance Date, combine the outstanding shares of Common Stock, the applicable Conversion Price in effect immediately prior to the combination shall be proportionately decreased increased. Any adjustments under this Section 3.5(a)(i) shall be effective at the close of business on the date the stock split or increased, as appropriatecombination occurs.

Appears in 1 contract

Samples: Wits Basin Precious Minerals Inc

Time is Money Join Law Insider Premium to draft better contracts faster.