Common use of Subdivision or Combination of Shares Clause in Contracts

Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, and the number of Shares subject to this Warrant shall be proportionately increased, and conversely, in case the outstanding Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Shares subject to this Warrant shall be proportionately decreased.

Appears in 82 contracts

Samples: Loan and Security Agreement (Medical Discoveries Inc), Registration Rights Agreement (Global Epoint Inc), Voip Inc

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Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, reduced and the number of Shares subject to shares obtainable upon exercise of this Warrant shall be proportionately increased, and conversely. Conversely, in case the outstanding Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, increased and the number of Shares subject to shares obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 9 contracts

Samples: Voting Agreement (Franklin Covey Co), Debenture and Warrant Purchase Agreement (Iteris Holdings Inc), Odetics Inc

Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, and the number of Shares subject to this Warrant shall be proportionately increased, and conversely, in case the outstanding Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Shares subject to this Warrant shall be proportionately decreased.

Appears in 5 contracts

Samples: Molecular Imaging Corp, Molecular Imaging Corp, Irvine Sensors Corp/De/

Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, reduced and the number of Shares subject to obtainable upon exercise of this Warrant shall be proportionately increased, and conversely. Conversely, in case the outstanding Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, increased and the number of Shares subject to obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 5 contracts

Samples: Purchase Common Stock (Irvine Sensors Corp/De/), Purchase Common Stock (Irvine Sensors Corp/De/), Irvine Sensors Corp/De/

Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock Shares into a greater number of shares, the Warrant Share Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced, and the number of Shares subject to this Warrant shall be proportionately increased, and conversely, in case the outstanding Common Stock Shares of the Company shall be combined into a smaller number of shares, the Warrant Share Purchase Price in effect immediately prior to such combination shall be proportionately increased, and the number of Shares subject to this Warrant shall be proportionately decreased.

Appears in 2 contracts

Samples: Share Subscription Agreement (T2CN Holding LTD), T2CN Holding LTD

Subdivision or Combination of Shares. In case If at any time on or after the date of this Warrant the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, reduced and the number of Shares subject to this shares receivable upon exercise of the Warrant shall be proportionately increased; and, and conversely, in case if at any time on or after the date of this Warrant the outstanding number of shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, increased and the number of Shares subject to this shares receivable upon exercise of the Warrant shall be proportionately decreased.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Hillman Co), Superconductor Technologies Inc

Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, and the number of Shares subject to this Warrant shall be proportionately increased, and conversely, in case the outstanding Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Shares subject to this Warrant shall be proportionately decreased.. 4.2

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Clean Energy Holdings, Inc.)

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Subdivision or Combination of Shares. In case If at any time or from time to time after the date hereof the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of sharesStock, then the Warrant Price in effect immediately prior to such subdivision shall be reduced proportionately reduced, and the number of Warrant Shares subject (calculated to this Warrant the nearest whole Share) shall be proportionately increasedincreased proportionately, and conversely, in case the event the outstanding shares of Common Stock of the Company shall be combined into a smaller number of sharesshares of Common Stock, then the Warrant Price in effect immediately prior to such combination shall be increased proportionately increased, and the number of Warrant Shares subject (calculated to this Warrant the nearest whole Share) shall be proportionately decreaseddecreased proportionately.

Appears in 1 contract

Samples: Purchase Common Stock (Harvest Capital Credit Corp)

Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock Ordinary Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced, and the number of Shares subject to this Warrant shall be proportionately increased, and conversely, in case the outstanding Common Stock Ordinary Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased, and the number of Shares subject to this Warrant shall be proportionately decreased.

Appears in 1 contract

Samples: Futuremedia PLC

Subdivision or Combination of Shares. In case If the Company shall Company, at any time ------------------------------------ while any Warrants remain outstanding and unexpired, shall subdivide or combine any of its outstanding Common Stock into a greater number of sharesStock, the Warrant Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced, reduced and the number of Warrant Shares subject to this Warrant shall be Purchasable hereunder proportionately increased, and conversely, in the case the outstanding Common Stock of the Company shall be combined into a smaller number subdivision of shares, or vice versa in the Warrant Price case of a combination of shares, in effect immediately prior to either case as of the effective date of such combination shall be proportionately increased, and the number of Shares subject to this Warrant shall be proportionately decreasedsubdivision or combination.

Appears in 1 contract

Samples: Divicore Inc

Subdivision or Combination of Shares. In case the Company shall at any time subdivide its outstanding Common Stock into a greater number of shares, the Warrant Unit Price in effect immediately prior to such subdivision shall be proportionately reduced, and the number of Shares subject to this Unit Warrant shall be proportionately increased, and conversely, in case the outstanding Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Unit Price in effect immediately prior to such combination shall be proportionately increased, and the number of Shares subject to this Unit Warrant shall be proportionately decreased.

Appears in 1 contract

Samples: Universal Guardian Holdings Inc

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