Common use of Stock Splits and Stock Dividends Clause in Contracts

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 5 contracts

Samples: Common Stock Purchase Warrant (Wink Communications Inc), Common Stock Purchase Warrant (Wink Communications Inc), Common Stock Purchase Warrant (Wink Communications Inc)

AutoNDA by SimpleDocs

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 3 contracts

Samples: Corautus Genetics Inc, Corautus Genetics Inc, Corautus Genetics Inc

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.Exercise

Appears in 2 contracts

Samples: Wink Communications Inc, Wink Communications Inc

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant hereof is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Wink Communications Inc), Common Stock Purchase Warrant (Wink Communications Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Price shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Wink Communications Inc)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding out­standing shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Samples: Common Stock Purchase (Genstar Therapeutics Corp)

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding out­standing shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Genstar Therapeutics Corp)

AutoNDA by SimpleDocs

Stock Splits and Stock Dividends. If the number of shares -------------------------------- of Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant -C3- Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (Urogen Corp)

Stock Splits and Stock Dividends. If the number of shares of -------------------------------- Common Stock outstanding at any time after the date of original issuance of this Warrant Original Issuance Date is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.. -C3-

Appears in 1 contract

Samples: Baxter International Inc

Stock Splits and Stock Dividends. If the number of shares of Common Stock outstanding at any time after the issuance date of original issuance of this Warrant is increased by a stock dividend payable in shares of Common Stock or by a subdivision or split-up of shares of Common Stock, then, on the date such payment is made or such change is effective, the Exercise Warrant Price per share shall be proportionately decreased and the number of shares of Common Stock issuable on exercise of this Warrant Shares shall be increased in proportion to such increase of outstanding shares. Such adjustment shall become effective at the close of business on the date the dividend, subdivision or split-up becomes effective.

Appears in 1 contract

Samples: Salton Inc

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