Common use of Stock Splits and Reverse Stock Splits Clause in Contracts

Stock Splits and Reverse Stock Splits. If at any time and from ------------------------------------- time to time on or after the date hereof the Company shall subdivide or otherwise change its outstanding shares of Common Stock into a greater number of shares, the number of shares receivable upon exercise or exchange of this Warrant shall thereby be proportionately increased; and, conversely, if at any time and from time to time on or after the date hereof the outstanding number of shares of Common Stock shall be combined or otherwise changed into a smaller number of shares, the number of shares receivable upon exercise or exchange of this Warrant shall thereby be proportionately decreased.

Appears in 3 contracts

Samples: Bti Telecom Corp, Bti Telecom Corp, Bti Telecom Corp

AutoNDA by SimpleDocs

Stock Splits and Reverse Stock Splits. If at any time and from ------------------------------------- time to time on or after the date hereof the Company shall subdivide or otherwise change its outstanding shares of Common Stock into a greater number of shares, the number of shares receivable upon exercise or exchange of this Warrant shall thereby be proportionately increased; and, conversely, if at any time and from time to time on or after the date hereof the outstanding number of shares of Common Stock shall be combined or otherwise changed into a smaller number of shares, the number of shares receivable upon exercise or exchange of this Warrant shall thereby be proportionately decreased.

Appears in 3 contracts

Samples: Bti Telecom Corp, Bti Telecom Corp, Bti Telecom Corp

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.