Common use of Subdivision or Combination of Stock Clause in Contracts

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

Appears in 18 contracts

Samples: Foreclosure Sale Agreement (MultiCell Technologies, Inc.), Release Agreement (Intrabiotics Pharmaceuticals Inc /De), American Technology Corp /De/

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

Appears in 4 contracts

Samples: Loan and Security Agreement (Senorx Inc), Loan and Security Agreement (Oculus Innovative Sciences, Inc.), Masergy Communications Inc

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

Appears in 4 contracts

Samples: Services Agreement (Clearwire Corp), Services Agreement (Clearwire Corp), Spectrum Acquisition Consulting Agreement (Clearwire Corp)

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

Appears in 4 contracts

Samples: Securities Purchase Agreement (Perceptronics Inc), Perceptronics Inc, Gener8xion Entertainment, Inc.

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

Appears in 3 contracts

Samples: Patent License Agreement (Wavesplitter Technologies Inc), Patent License Agreement (Wavesplitter Technologies Inc), Patent License Agreement (Wavesplitter Technologies Inc)

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

Appears in 3 contracts

Samples: Duraswitch Industries Inc, Authentidate Holding Corp, Authentidate Holding Corp

Subdivision or Combination of Stock. In case If the Company shall at any time subdivide or from time to time subdivides its outstanding shares of Common Stock into a greater number of shares, the Stock Purchase Price in effect immediately prior to such subdivision shall be proportionately reduced, and conversely, in case if the outstanding shares of Common Stock of the Company shall be are combined into a smaller number of shares, the Stock Purchase Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 3 contracts

Samples: Celgene Corp /De/, Pharmion Corp, Pharmion Corp

Subdivision or Combination of Stock. In case the Company shall at any time split or subdivide its outstanding shares of Common Stock into a greater number of shares, by stock split, stock dividend, recapitalization or otherwise, the Stock Purchase Price in effect immediately prior to such split or subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Stock Purchase Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Purchase Agreement (Clearwire Corp), Purchase Agreement (Clearwire Corp)

Subdivision or Combination of Stock. In case If the Company ----------------------------------- Corporation shall at any time split or subdivide its outstanding shares of Common Stock into a greater number of shares, the Stock Purchase Conversion Price in effect immediately prior to such subdivision shall shall, concurrently with the effectiveness of such event, be proportionately reduced, and conversely, in case if the outstanding shares of Common Stock of the Company Corporation shall be combined into a smaller number of shares, the Stock Purchase Conversion Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 2 contracts

Samples: Voting Agreement (Touchstone Applied Science Associates Inc /Ny/), Stock Purchase Agreement (Touchstone Applied Science Associates Inc /Ny/)

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

Appears in 2 contracts

Samples: Issue Warrant and Grant of Security Interest (Scientific Learning Corp), Scientific Learning Corp

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

Appears in 2 contracts

Samples: DarioHealth Corp., Rani Therapeutics Holdings, Inc.

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

Appears in 1 contract

Samples: Loan Agreement (Active Software Inc)

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

Appears in 1 contract

Samples: Electronic Fab Technology Corp

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Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding common shares of Common Stock into a greater number of sharesshares (by way of dividend, split or otherwise), the Stock Purchase Price in effect immediately prior to such the subdivision shall be proportionately reduced, and converselyand, in case the outstanding common shares of Common Stock of the Company shall be combined into a smaller number of sharesshares (by way of reverse split or otherwise), the Stock Purchase Price in effect immediately prior to such the combination shall be proportionately increased.

Appears in 1 contract

Samples: KVH Industries Inc \De\

Subdivision or Combination of Stock. In case If the Company shall at any time subdivide subdivides its outstanding shares of Common Stock into a greater number of shares, the Stock Purchase Price in effect immediately prior to such subdivision shall will be proportionately reduced, and conversely, in case if the outstanding shares of Common Stock of the Company shall be are combined into a smaller number of shares, the Stock Purchase Price in effect immediately prior to such combination shall will be proportionately increased.

Appears in 1 contract

Samples: Design Within Reach Inc

Subdivision or Combination of Stock. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Stock Purchase Price in effect immediately prior to such 42 subdivision shall be proportionately reduced, and conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Stock Purchase Price in effect immediately prior to such combination shall be proportionately increased.

Appears in 1 contract

Samples: Loan Agreement (Digital Generation Systems Inc)

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

Appears in 1 contract

Samples: Investor Rights Agreement (Internap Network Services Corp/Wa)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Emphasys Medical, Inc.)

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

Appears in 1 contract

Samples: Intellectual Property Security Agreement (MeetMe, Inc.)

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

Appears in 1 contract

Samples: Qorus Com Inc

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

Appears in 1 contract

Samples: Express Capital Concepts Inc

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