Subdivision or Combination of Common Shares. If the Company at any time on or after the Issuance Date subdivides (by any stock split, stock dividend, recapitalization or otherwise) one or more classes of its outstanding Common Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced and the number of Warrant Shares will be proportionately increased. If the Company at any time on or after the Issuance Date combines (by combination, reverse stock split or otherwise) one or more classes of its outstanding Common Shares into a smaller number of shares, the Exercise Price in effect immediately prior to such combination will be proportionately increased and the number of Warrant Shares will be proportionately decreased. Any adjustment under this Section 2(c) shall become effective at the close of business on the date the subdivision or combination becomes effective. Each such adjustment of the Exercise Price shall be calculated to the nearest one-hundredth of a cent. Such adjustment shall be made successively whenever any event covered by this Section 2(c) shall occur.
Subdivision or Combination of Common Shares. If the Issuer, at any time while this Option is outstanding, shall subdivide or combine any Common Shares (whether by any split, reverse split, Common Share dividend, Common Share distribution, recapitalization or otherwise), (i) in case of the subdivision of Common Shares, the number of Option Shares shall be proportionately increased (as at the effective date of such subdivision or, if the Issuer shall take a record of holders of its Common Shares for the purpose of so subdividing, as at the applicable record date, whichever is earlier) to reflect the increase in the total number of Common Shares outstanding as a result of such subdivision, or (ii) in the case of a combination of Common Shares, the number of Option Shares shall be proportionately reduced (as at the effective date of such combination or, if the Issuer shall take a record of holders of its Common Shares for the purpose of so combining, as at the applicable record date, whichever is earlier) to reflect the reduction in the total number of Common Shares outstanding as a result of such combination.
Subdivision or Combination of Common Shares. If the Company at any time while this Warrant remains outstanding and unexpired shall subdivide or combine its outstanding Common Shares, the Exercise Price shall be proportionately decreased and the number of Common Shares issuable hereunder shall be proportionately increased in the case of a subdivision and the Exercise Price shall be proportionately increased and the number of Common Shares issuable hereunder shall be proportionately decreased in the case of a combination.
Subdivision or Combination of Common Shares. If the Company at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) one or more classes of its outstanding Common Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Common Shares obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) one or more classes of its outstanding Common Shares into a smaller number of shares, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Common Shares obtainable upon exercise of this Warrant shall be proportionately decreased.
Subdivision or Combination of Common Shares. In case the Company shall at any time subdivide its outstanding Common Shares into a greater number of shares, the Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case the outstanding Common Shares shall be combined into a smaller number of shares, the Purchase Price in effect immediately prior to such combination shall be proportionately increased.
Subdivision or Combination of Common Shares. If the Company at any time on or after the issuance date of this Warrant (“Issuance Date”), subdivides (by any stock split, stock dividend, recapitalization or otherwise) one or more classes of its outstanding Common Shares into a greater number of shares, the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced and the number of Warrant Shares will be proportionately increased. Any adjustment under this section shall become effective at the close of business on the date the subdivision or combination becomes effective. Each such adjustment of the Exercise Price shall be calculated to the nearest one-hundredth of a cent. Such adjustment shall be made successively whenever any event covered by this section shall occur.
Subdivision or Combination of Common Shares. If the Company at any time subdivides (by any split, dividend, recapitalization or otherwise) its outstanding Common Shares into a greater number of shares, the Warrant Number in effect immediately prior to such subdivision will be proportionately increased and the number of Common Shares obtainable upon exercise of this Warrant will be proportionately increased. If the Company at any time combines (by reverse split or otherwise) one or more classes of its outstanding Common Shares into a smaller number of shares, the Warrant Number in effect immediately prior to such combination will be proportionately reduced and the number of Common Shares obtainable upon exercise of this Warrant will be proportionately decreased. Any adjustment under this Subsection C shall be effective at the close of business on the date the subdivision or combination becomes effective.
Subdivision or Combination of Common Shares. In case the Corporation shall at any time subdivide (by any stock split, stock dividend or otherwise) its outstanding Common Shares into a greater number of shares, without making a corresponding subdivision of the outstanding shares of Series B Preferred Stock, then the Series B Conversion Price in effect immediately prior to such subdivision shall be proportionately reduced. Conversely, in case the outstanding Common Shares shall be combined into a smaller number of shares without a corresponding adjustment to the number of outstanding shares of Series B Preferred Stock, then the Series B Conversion Price in effect immediately prior to such combination shall be proportionately increased.
Subdivision or Combination of Common Shares. In case the Company shall at any time subdivide (by any stock split, or otherwise) its outstanding Common Shares into a greater number of shares, without making a corresponding subdivision of the outstanding shares of Preferred Stock, then the number of common shares issuable upon conversion in effect immediately prior to such subdivision shall be proportionately reduced. Conversely, in case the outstanding Common Shares shall be combined into a smaller number of shares without a corresponding adjustment to the number of outstanding shares of Preferred Stock, then the number of common shares issuable upon conversion in effect immediately prior to such combination shall be proportionately increased.
Subdivision or Combination of Common Shares. If the Corporation at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding Common Shares into a greater number of Common Shares, the number of Common Shares issuable upon exercise of this Warrant will be proportionately increased, and if the Corporation at any time combines (by reverse stock split, recapitalization or otherwise) its outstanding Common Shares into a smaller number of Common Shares, the number of Common Shares issuable upon exercise of this Warrant will be proportionately decreased.
