Common use of Other Dividends and Distributions Clause in Contracts

Other Dividends and Distributions. In the event that a dividend or other distribution shall be declared upon the Stock of the Company payable in securities of the Company other than Stock, then, and in each event, the Holder shall receive upon exercise hereof, in addition to the number of shares of Stock issuable hereunder, the kind and amount of securities of the Company, cash or other property which the Registered Holder would have been entitled to receive had this Warrant been exercised on the date of such event and had the Registered Holder thereafter, during the period from the date of such event to and including the date that this warrant is exercised in full, retained any such securities receivable during such period, giving application to all adjustments called for during such period under this Section with respect to the rights of the Holder.

Appears in 4 contracts

Samples: Preferred Stock Purchase Agreement (Home Solutions of America Inc), Preferred Stock Purchase Agreement (Home Solutions of America Inc), Preferred Stock Purchase Agreement (Home Solutions of America Inc)

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