Common use of Dividends; Reclassifications; Etc Clause in Contracts

Dividends; Reclassifications; Etc. In the event that the Company shall, at any time prior to the exercise of this Warrant: (i) declare or pay to the holders of the Common Stock a dividend payable in any kind of shares of stock of the Company; or (ii) change or divide or otherwise reclassify its Common Stock into the same or a different number of shares with or without par value, or in shares of any class or classes; or (iii) transfer its property as an entirety or substantially as an entirety to any other company; (iv) merge with or consolidate with or into any other corporation or entity; or (v) make any distribution of its assets to holders of its Common Stock as a liquidation or partial liquidation dividend or by way of return of capital; then, upon the subsequent exercise of this Warrant, the Holder shall receive, in addition to or in substitution for the shares of Common Stock to which it would otherwise be entitled upon such exercise, such additional shares of stock or scrip of the Company, or such reclassified shares of stock of the Company, or such shares of the securities or property of the Company resulting from such transfer, or such assets of the Company, which it would have been entitled to receive had it exercised this Warrant prior to the happening of any of the foregoing events.

Appears in 6 contracts

Samples: Diasense Inc/Pa, Diasense Inc/Pa, Diasense Inc/Pa

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Dividends; Reclassifications; Etc. In the event that the Company shall, at any time prior to the earlier to occur of (i) the complete exercise of this Warrantall Warrants, and (ii) the Underlying Share Expiration Date: (iA) declare or pay to the holders of the Common Stock a dividend payable in any kind of shares of capital stock of the Company; or (iiB) change or divide or otherwise reclassify its Common Stock into the same or a different number of shares with or without par value, or in shares of any class or classes; or (iiiC) transfer its property as an entirety or substantially as an entirety to any other company; (iv) merge with or consolidate with or into any other corporation company or entity; or (vD) make any distribution of its assets to holders of its Common Stock as a liquidation or partial liquidation dividend or by way of return of capital; then, upon the subsequent exercise of this WarrantWarrants, the Warrant Holder shall receive, in addition to or in substitution for the shares of Common Stock to which he, she or it would otherwise be entitled upon such exercise, such additional shares of stock or scrip of the Company, or such reclassified shares of stock of the Company, or such shares of the securities or property of the Company resulting from such transfer, or such assets of the Company, which he, she or it would have been entitled to receive had he, she or it exercised this Warrant the Warrants prior to the happening of any of the foregoing events.

Appears in 2 contracts

Samples: Warrant Agreement (Relm Wireless Corp), Warrant Agreement (Relm Wireless Corp)

Dividends; Reclassifications; Etc. In the event that the Company shall, at any time prior to the exercise earlier to occur of (i) the complete conversion of this WarrantNote and (ii) the Maturity Date: (iA) declare or pay to the holders of the Common Stock a dividend payable in any kind of shares of capital stock of the Company; or (iiB) change or divide or otherwise reclassify its Common Stock into the same or a different number of shares with or without par value, or in shares of any class or classes; or (iiiC) transfer its property as an entirety or substantially as an entirety to any other company; (iv) merge with or consolidate with or into any other corporation company or entity; or (vD) make any distribution of its assets to holders of its Common Stock as a liquidation or partial liquidation dividend or by way of return of capital; then, upon the subsequent exercise conversion of this WarrantNote, the Holder shall receive, in addition to or in substitution for the shares of Common Stock to which it would otherwise be entitled upon such exercise, such additional shares of stock or scrip of the Company, or such reclassified shares of stock of the Company, or such shares of the securities or property of the Company resulting from such transfer, or such assets of the Company, which it would have been entitled to receive had it exercised converted this Warrant Note into shares of Common Stock prior to the happening of any of the foregoing events.

Appears in 2 contracts

Samples: Ecologix Resource Group, Inc., Ecologix Resource Group, Inc.

Dividends; Reclassifications; Etc. In the event that the Company shall, at any time prior to the exercise of this Warrant: (i) declare or pay to the holders of the Common Stock a dividend payable in any kind of shares of stock of the Company; or (ii) change or divide or otherwise reclassify its Common Stock into the same or a different number of shares with or without par value, or in shares of any class or classes; or (iii) sell or otherwise transfer its property as an entirety or substantially an as an entirety to any other company; or (iv) merge with or consolidate with or into any other corporation or entity; or (v) make any distribution of its assets to holders of its Common Stock as a liquidation or partial liquidation dividend or by way of return of capital; then, upon the subsequent exercise of this Warrant, the Holder shall receive, in addition to or in substitution for the shares of Common Stock to which it would otherwise be entitled upon such exercise, such additional shares of stock or scrip of the Company, or such reclassified shares of stock of the Company, or such shares of the securities or property of the Company resulting from such transfer, or such assets of the Company, which it would have been entitled to receive had it exercised this Warrant prior to the happening of any of the foregoing events.

Appears in 1 contract

Samples: Consulting Agreement (Flemington Pharmaceutical Corp)

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Dividends; Reclassifications; Etc. In the event that the Company shall, at any time prior to the earlier to occur of (i) exercise of this Warrantconversion rights hereunder and (ii) the Maturity Date: (i) declare or pay to the holders of the Common Stock a dividend payable in any kind of shares of capital stock of the Company; or (ii) change or divide or otherwise reclassify its the Common Stock into the same or a different number of shares with or without par value, or in shares of any class or classes; or (iii) transfer its property as an entirety or substantially as an entirety to any other company; (iv) merge with or consolidate with or into any other corporation company or entity; or (viv) make any distribution of its assets to holders of its the Common Stock as a liquidation or partial liquidation dividend or by way of return of capital; then, upon the subsequent exercise of conversion rights under this WarrantDebenture, the Holder of the Conversion Shares shall receive, in addition to or in substitution for the shares of Common Stock Conversion Shares to which it would otherwise be entitled upon such exercise, such additional shares of stock or scrip of the Company, or such reclassified shares of stock of the Company, or such shares of the securities or property of the Company resulting from such transfer, or such assets of the Company, which it would have been entitled to receive had it exercised this Warrant these conversion rights prior to the happening of any of the foregoing events.

Appears in 1 contract

Samples: Security Agreement (Medical Solutions Management Inc.)

Dividends; Reclassifications; Etc. In the event that the Company shall, at any time prior to the exercise earlier to occur of (i) the complete conversion of this WarrantNote and (ii) the Maturity Date: (iA) declare or pay to the holders of the Common Stock a dividend payable in any kind of shares of capital stock of the Company; or (iiB) change or divide or otherwise reclassify its Common Stock into the same or a different number of shares with or without par value, or in shares of any class or classes; or (iiiC) transfer its property as an entirety or substantially as an entirety to any other company; (iv) merge with or consolidate with or into any other corporation company or entity; or (vD) make any distribution of its assets to holders of its Common Stock as a liquidation or partial liquidation dividend or by way of return of capital; then, upon the subsequent exercise conversion of this WarrantNote, the Holder shall receive, in addition to or in substitution for the shares of Common Stock to which it would otherwise be entitled upon such exercise, such additional shares of stock or scrip of the Company, or such reclassified shares of stock of the Company, or such shares of the securities or property of the Company resulting from such transfer, or such assets of the Company, which it would have been entitled to receive rec eive had it exercised converted this Warrant Note into shares of Common Stock prior to the happening of any of the foregoing events.

Appears in 1 contract

Samples: Ecologix Resource Group, Inc.

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