Common use of Extraordinary Dividend Clause in Contracts

Extraordinary Dividend. If the Company, at any time while the Warrants are outstanding and unexpired, shall pay a dividend in cash or securities to the holders of the Common Stock (or shares of the Company’s capital stock into which the Warrants are convertible), then upon the exercise of the Warrants, the registered holder shall be entitled to a proportionate share of any such dividend as if the shares of Common Stock purchased upon exercise hereof by such registered holder had been purchased and outstanding on the record date fixed for the determination of the holders of the Common Stock entitled to receive such dividend.

Appears in 28 contracts

Samples: Form of Warrant Agreement (Golden Pond Healthcare, Inc.), Warrant Agreement (Stone Tan China Acquisition Corp.), Warrant Agreement (Arcade Acquisition Corp.)

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Extraordinary Dividend. If the Company, at any time while the Warrants are this Warrant is outstanding and unexpired, shall pay a dividend in cash or securities to the holders of the Common Stock (or shares of the Company’s capital stock into which the Warrants are this Warrant is convertible), then upon the exercise of the Warrantsthis Warrant, the registered holder shall be entitled to a proportionate share of any such dividend as if the shares of Common Stock purchased upon exercise hereof by such registered holder had been purchased and outstanding on the record date fixed for the determination of the holders of the Common Stock entitled to receive such dividend.

Appears in 1 contract

Samples: Information Services Group Inc.

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Extraordinary Dividend. If the Company, at any time while the Warrants are outstanding and unexpiredunexpired (other than with respect to the Underwriters’ Warrants), shall pay a dividend in cash or securities to the holders of the Common Stock (or shares of the Company’s capital stock into which the such Warrants are convertible), then upon the exercise of the such Warrants, the registered holder shall be entitled to a proportionate share of any such dividend as if the shares of Common Stock purchased upon exercise hereof by such registered holder had been purchased and outstanding on the record date fixed for the determination of the holders of the Common Stock entitled to receive such dividend.

Appears in 1 contract

Samples: Warrant Agreement (Corporate Acquirers, Inc.)

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