Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 10 contracts
Sources: Warrant to Purchase Common Stock (AccelPath, Inc.), Warrant to Purchase Common Stock (AccelPath, Inc.), Warrant to Purchase Common Stock (AccelPath, Inc.)
Stock Dividends. If the Company Company, at any time while this Warrant the Series B Preferred Stock is outstanding and unexpired outstanding, shall pay a dividend with respect to Common Stock payable inin shares of, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in of shares of the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Conversion Price shall be adjusted, from and after as of the date the Company shall take a record of the holders of its Common Stock for the purpose of receiving such dividend or other distribution (or if no such record is taken, as at the date of determination of stockholders entitled to receive such dividend payment or other distribution), to that price determined by multiplying the Warrant Conversion Price in effect immediately prior to such date of determination payment or other distribution by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 5 contracts
Sources: Consulting Agreement (Transax International LTD), Debt Exchange Agreement (Transax International LTD), Debt Exchange Agreement (Transax International LTD)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs subparagraph (a) and (b) or (c)) of, shares of Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 3 contracts
Sources: Subscription Agreement (Covad Communications Group Inc), Warrant Agreement (Covad Communications Group Inc), Subscription Agreement (Covad Communications Group Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the record date of fixed for the determination of the stockholders of the Company entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (aA) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (bB) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 3 contracts
Sources: Registration Rights Agreement (RHO Ventures VI LP), Registration Rights Agreement (Bluefly Inc), Registration Rights Agreement (Maverick Capital LTD)
Stock Dividends. If the Company at any time while this Warrant is remains outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to in shares of Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (cSections 5.1 and 5.2)) of, Common Stock, then (i) the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (ax) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (by) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution, and (ii) the number of shares of Common Stock subject to this Warrant shall be proportionately adjusted.
Appears in 2 contracts
Sources: Common Stock Purchase Agreement, Common Stock Purchase Agreement
Stock Dividends. If the Company at any time while this Warrant is --------------- outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: License and Option Agreement (Orchid Biosciences Inc), License Agreement (Orchid Biosciences Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: Warrant Agreement (Uqm Technologies Inc), Warrant Agreement (Autocyte Inc)
Stock Dividends. If the Company at any time while this --------------- Warrant is outstanding and unexpired shall pay a dividend of Common Stock with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Exercise Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Exercise Price in effect immediately prior to such date of determination by a fraction (a) fraction, the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: Credit Agreement (Internet Capital Group Inc), Warrant Agreement (Analytical Graphics Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs subparagraph (ba) or (cb)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: Warrant to Purchase Common Stock (Colorado Medtech Inc), Warrant to Purchase Common Stock (Colorado Medtech Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to to, Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (ax) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (by) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: Series J Convertible Preferred Stock Purchase Agreement (Viacell Inc), Warrant Agreement (Viacell Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs subparagraph (ba) or (cb)) of), of Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: Settlement Agreement (Ciena Corp), Warrant Agreement (Ciena Corp)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (ba) or (cb)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (ai) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (bii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: Warrant Agreement (AMEDICA Corp), Warrant Agreement (Moldflow Corp)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to the Common Stock payable in, or make any other distribution with respect to the Common Stock (except any distribution specifically provided for in the foregoing subparagraphs subparagraph (a) and (b) or (c)) of, the Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of the Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of the Common Stock outstanding immediately after such dividend or distribution.
Appears in 2 contracts
Sources: Warrant Agreement (Cellnet Data Systems Inc), Warrant Agreement (Cellnet Data Systems Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable inin Common Stock, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (a) and (b) or (c)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable inin Common Stock, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in subparagraph 7(b) above) of Common Stock then in each such case the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Exercise Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Exercise Price in effect immediately prior to such date of determination by a fraction (ai) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (bii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is --------------- outstanding and unexpired shall pay a dividend with respect to the Common Stock payable in, or make any other distribution with respect to the Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (bSection 4(a) or (c)4(b) above) of, shares of the Common Stock, then the Warrant Exercise Price shall be adjusted, from and after the date of determination of stockholders the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Exercise Price in effect immediately prior to such date of determination by a fraction (ai) the numerator of which shall be the total number of shares of the Common Stock outstanding immediately prior to such dividend or distribution distribution, and (bii) the denominator of which shall be the total number of shares of the Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to its Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b) or (c)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the record date of fixed for the determination of stockholders the shareholders of the Company entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (aA) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (bB) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Stock and Warrant Purchase Agreement (Inhibitex Inc)
Stock Dividends. If the Company at any time while this Warrant is --------------- outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (ba) or (c)b) of, Common Stock, then the Warrant Exercise Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Exercise Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (ba) or (cb)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay pays a dividend with respect to Common Stock payable inin Common Stock, or make any other equity based distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (a) and (b) or (c)) of, Common Stock), then the Warrant Share Calculation Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Share Calculation Price in effect immediately prior to such date of determination by a fraction fraction
(a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Warrant Agreement (Nuvim Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs subsection (ba) or (cb)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) ), the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Series F Preferred Stock and Warrant Purchase Agreement (Phoenix Network Inc)
Stock Dividends. If the Company Corporation at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable inin Common Stock, or make any other distribution of Common Stock with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs paragraph (bi) or (cii)) of, Common Stock), then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (aA) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (bB) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is --------------- outstanding and unexpired shall pay a dividend with respect to the Common Stock payable in, or make any other distribution with respect to in Common Stock (except or any distribution specifically provided for in other property or securities of the foregoing subparagraphs (b) or (cCompany)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distributiondividend, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend (and, as necessary, adjusted to take into account any dividend payable in any property or distributionsecurity other than Common Stock).
Appears in 1 contract
Sources: Series F Preferred Stock Purchase Agreement (Oxis International Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to payable in Common Stock payable inStock, or make any other distribution payable in Common Stock, with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs Subsections (ba) or (cb)) of, Common Stock), then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled shareholders entitle to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Warrant Agreement (HLM Design Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (bSection 5(a) or (cSection 5(b)) of, of Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Warrant Agreement (Advanced Switching Communications Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to to, Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (ba) or (cb)) of, Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (ax) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (by) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Warrant Agreement (Ayurcore Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (bSection 7(a) or (cSection 7(b)) of, of Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Warrant Agreement (Advanced Switching Communications Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall (a) pay a dividend with respect to Common Stock payable inin Common Stock, or (b) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (b4.1 and 4.2) or (c)) of, of Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to the Common Stock payable in, or make any other distribution with respect to the Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (bSection 4(a) or (c)4(b) above) of, shares of the Common Stock, then the Warrant Exercise Price shall be adjusted, from and after the date of determination of stockholders the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Exercise Price in effect immediately prior to such date of determination by a fraction (ai) the numerator of which shall be the total number of shares of the Common Stock outstanding immediately prior to such dividend or distribution distribution, and (bii) the denominator of which shall be the total number of shares of the Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay pays a dividend with respect to Common Stock payable inin Common Stock, or make any other equity based distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (a) and (b) or (c)) of, Common Stock), then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend divided or distribution.
Appears in 1 contract
Sources: Warrant Agreement (Blackboard Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay pays a dividend with respect to Common Stock payable inin Common Stock, or make any other equity based distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (a) and (b) or (c)) of, Common Stock), then the Warrant Price shall be adjusted, from and after the date of determination of stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Sources: Warrant Agreement (Nuvim Inc)
Stock Dividends. If the Company at any time while this Warrant is outstanding and unexpired shall pay a dividend with respect to the Common Stock payable in, or make any other distribution with respect to the Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (bSection 5(a), 5(b) or (c)5(c) above) of, shares of the Common Stock, then the Warrant Exercise Price shall be adjusted, from and after the date of determination of stockholders the shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Exercise Price in effect immediately prior to such date of determination by a fraction (ai) the numerator of which shall be the total number of shares of the Common Stock outstanding immediately prior to such dividend or distribution distribution, and (bii) the denominator of which shall be the total number of shares of the Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant is --------------- outstanding and unexpired shall pay a dividend with respect to Common Stock payable in, or make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs subsection (b) or (ca)) of, of Common Stock, then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (a) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution distribution, and (b) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract
Stock Dividends. If the Company at any time while this Warrant warrant is outstanding and unexpired shall pay a dividend with respect to Common Stock payable inin Common Stock, or make any other distribution of Common Stock with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs paragraph (bi) or (cii)) of, Common Stock), then the Warrant Price shall be adjusted, from and after the date of determination of stockholders shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Warrant Price in effect immediately prior to such date of determination by a fraction (aA) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution and (bB) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.
Appears in 1 contract