Common use of Common Stock Distributions, etc Clause in Contracts

Common Stock Distributions, etc. In case the Company shall (a) pay a dividend or make a distribution on its Common Stock in shares of Common Stock, (b) split or otherwise subdivide its outstanding Common Stock into a greater number of shares or (c) combine its outstanding Common Stock into a smaller number of shares, the Warrant Price in effect immediately prior thereto shall be adjusted so that the price shall equal the price determined by multiplying the Warrant Price in effect immediately prior to such event by a fraction, of which (i) the numerator shall be the number of shares of Common Stock outstanding immediately prior to such event and (ii) the denominator shall be the number of shares of Common Stock outstanding immediately after such event. An adjustment made pursuant to this Section 5.1 shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of subdivision or combination.

Common Stock Distributions, etc. In case the Company shall (ai) pay a dividend or make a distribution on its Common Stock in shares of Common Stock, (bii) split or otherwise subdivide its outstanding Common Stock into a greater number of shares or (ciii) combine its outstanding Common Stock into a smaller number of shares, the Warrant Exercise Price in effect immediately prior thereto shall be adjusted so that the price shall equal the price determined by multiplying the Warrant Exercise Price in effect immediately prior to such event by a fraction, of which (ix) the numerator shall be the number of shares of Common Stock outstanding immediately prior to such event and (iiy) the denominator shall be the number of shares of Common Stock outstanding immediately after such event. An adjustment made pursuant to this Section 5.1 subsection (a) shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of subdivision or combination.

Common Stock Distributions, etc. In case the Company shall (ai) pay a dividend or make a distribution on its Common Stock in shares of Common Stock, (bii) split or otherwise subdivide its outstanding Common Stock into a greater number of shares or (ciii) combine its outstanding Common Stock into a smaller number of shares, the Warrant Exercise Price in effect immediately prior thereto shall be adjusted so that the price shall equal the price determined by multiplying the Warrant Exercise Price in effect immediately prior to such event by a fraction, of which (ix) the numerator shall be the number of shares of Common Stock outstanding immediately prior to such event and (iiy) the denominator shall be the number of shares of Common Stock outstanding immediately after such event. An adjustment made pursuant to this Section 5.1 subsection (a) shall become effective immediately after the record date in the case of a dividend or distribution and shall become effective immediately after the effective date in the case of subdivision or combination.