Stock Splits. If the Company at any time or from time to time after the issuance date of this Warrant effects a subdivision of the outstanding Common Stock, the Purchase Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time after the issuance date of this Warrant combines the outstanding shares of Common Stock, the Purchase Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection 2.1 shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 26 contracts
Samples: Subscription Agreement (Wytec International Inc), Subscription Agreement (Envision Solar International, Inc.), Subscription Agreement (Wytec International Inc)
Stock Splits. If the Company at any time or from time to time after the issuance date of this Warrant Agreement effects a subdivision of the outstanding Common Stock, the Purchase Conversion Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time after the issuance date of this Warrant Agreement combines the outstanding shares of Common Stock, the Purchase Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection 2.1 (a) shall become effective at the close of business on the date the subdivision or combination becomes effective.
Appears in 6 contracts
Samples: 2014 Advances Loan Agreement (Eau Technologies, Inc.), 2013 Advances Loan Agreement (Eau Technologies, Inc.), 000 Loan Agreement (Eau Technologies, Inc.)
Stock Splits. If the Company at any time or from time to time after the issuance date of this Warrant Agreement effects a subdivision of the outstanding Common Stock, the Purchase Conversion Price then in effect immediately before that subdivision shall be proportionately decreased, and conversely, if the Company at any time or from time to time after the issuance date of this Warrant Agreement combines the outstanding shares of Common Stock, the Purchase Conversion Price then in effect immediately before the combination shall be proportionately increased. Any adjustment under this subsection 2.1 (i) shall become effective at the close of business on the date the subdivision or combination becomes effective.
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