Common use of Stock Dividends and Stock Splits Clause in Contracts

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in Common Shares on the Common Shares or any Common Share Equivalents, (ii) subdivides the outstanding Common Shares into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding Common Shares into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of Common Shares (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of Common Shares outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CompanyCorporation, at any time while this Debenture is any shares of Class A-[•] Preferred Stock are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares on Stock with respect to the then outstanding shares of Common Shares or any Common Share Equivalents, Stock; (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Companyshares, then the Conversion Price Numerator shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the CompanyCorporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the shares of Common Shares or any Common Share EquivalentsStock, (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common SharesStock, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment to the Conversion Price made pursuant to this Section 3(d) shall become effective immediately after the record date for the determination of stockholders stockholder entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CompanyCorporation, at any time while this Debenture is any shares of Class A Preferred Stock are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares on Stock with respect to the then outstanding shares of Common Shares or any Common Share Equivalents, Stock; (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Companyshares, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the CompanyCorporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture is the Debentures are outstanding: (iA) pays shall pay a stock dividend or otherwise makes make a distribution or distributions on shares of its Common Stock or any other equity or equity equivalent securities payable in shares of Common Shares on the Common Shares or any Common Share EquivalentsStock, (iiB) subdivides the subdivide outstanding shares of Common Shares Stock into a larger number of shares, (iiiC) combines combine (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares shares, or (ivD) issues, in the event issue by reclassification of a reclassification shares of the Common Shares, Stock any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Companyshares, if any) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in Common Shares shares of Preferred Stock on the Common Shares or any Common Share Equivalentsshares of Preferred Stock, (ii) subdivides the outstanding Common Shares shares of Preferred Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding Common Shares shares of Preferred Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common SharesPreferred Stock, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of Common Shares shares of Preferred Stock (excluding any treasury shares of the Company) outstanding immediately before such event, event and of which the denominator shall be the number of Common Shares shares of Preferred Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classificationre‑classification.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture the Option is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on shares of the Company’s Common Shares or any Common Share EquivalentsStock, (ii) subdivides the outstanding shares of its Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common SharesStock, any shares of capital stock of the Company, then the Conversion Price number of Option Shares shall be multiplied by a fraction of which the numerator shall be the number of Common Shares (excluding any treasury shares of the Company) Common Stock outstanding immediately before after such event, and of which the denominator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Company) outstanding immediately after before such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the outstanding shares of Common Shares or any Common Share EquivalentsStock, (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares shares, or (iv) issues, in the event of a reclassification of the shares of Common SharesStock, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction fraction, the numerator of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and the denominator of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination combination, or re-classification.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the shares of Common Shares or any Common Share EquivalentsStock, (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common SharesStock, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 3(e) shall become effective immediately after the record date for the determination of stockholders stockholder entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture is any of the Warrants are outstanding: , (ia) pays a stock dividend or otherwise makes a distribution or distributions with respect to any class of capital stock that is payable in shares of Common Shares on the Common Shares or any Common Share Equivalents, Stock; (iib) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, ; or (iiic) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Companyshares, then the Conversion Exercise Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Company) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such eventevent (excluding any treasury shares of the Company). Any adjustment made pursuant to this Section 4.1 shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the CompanyCorporation, at any time while this Debenture is any shares of Series X Preferred Stock are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares on Stock with respect to the then outstanding shares of Common Shares or any Common Share Equivalents, Stock; (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Companyshares, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the CompanyCorporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the CompanyCorporation, at any time while this Debenture is any shares of Class X Preferred Stock are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares on Stock with respect to the then outstanding shares of Common Shares or any Common Share Equivalents, Stock; (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Companyshares, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the CompanyCorporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the shares of Common Shares Stock or any Common Share EquivalentsStock Equivalents (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Company upon conversion of the Notes), (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Companyshares, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the shares of Common Shares Stock or any Common Share Stock Equivalents, (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common SharesStock, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the Company) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CompanyCorporation, at any time while this Debenture is any shares of Series B Preferred Stock are outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares on Stock with respect to the then outstanding shares of Common Shares or any Common Share Equivalents, Stock; (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, ; or (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of the Common Shares, any shares of capital stock of the Companyshares, then the Series B Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the CompanyCorporation) outstanding immediately before such event, event and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such eventevent (excluding any treasury shares of the Corporation). Any adjustment made pursuant to this Section 7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination subdivision or re-classificationcombination.

Stock Dividends and Stock Splits. If the CompanyBorrower, at any time while this Debenture Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the outstanding shares of Common Shares or any Common Share EquivalentsStock, (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares shares, or (iv) issues, in the event of a reclassification of the shares of Common SharesStock, any shares of capital stock of the CompanyBorrower, then the Conversion Price shall be multiplied by a fraction fraction, the numerator of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the CompanyBorrower) outstanding immediately before such event, and the denominator of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. event Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination combination, or re-classification.

Stock Dividends and Stock Splits. If the Company, at any time while this Debenture Note is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the shares of Common Shares Stock or any Common Share Stock Equivalents, (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common SharesStock, any shares of capital stock of the Company, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of Common Shares (excluding any treasury shares of the Company) Common Stock outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment made pursuant to this Section shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

Stock Dividends and Stock Splits. If the CompanyCorporation, at any time while this Debenture Preferred Stock is outstanding: (i) pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Shares Stock on the shares of Common Shares or any Common Share EquivalentsStock , (ii) subdivides the outstanding shares of Common Shares Stock into a larger number of shares, (iii) combines (including by way of a reverse stock split) the outstanding shares of Common Shares Stock into a smaller number of shares shares, or (iv) issues, in the event of a reclassification of shares of the Common SharesStock, any shares of capital stock of the CompanyCorporation, then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Shares Stock (excluding any treasury shares of the CompanyCorporation) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Shares Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.