Common use of Subdivision or Combination of Common Shares Clause in Contracts

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.

Appears in 5 contracts

Samples: Geno LLC, Geno LLC, Geno LLC

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