Common use of Subdivisions, Combinations and Other Issuances Clause in Contracts

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date subdivide its shares of capital stock of the same class as the Warrant Shares, by split-up or otherwise, or combine such shares of capital stock, or issue additional shares of capital stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant Shares, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, stock dividend or forward stock split, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price payable per share, but the aggregate Exercise Price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(1) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.

Appears in 8 contracts

Samples: Serve Robotics Inc. /DE/, Serve Robotics Inc. /DE/, SmartKem, Inc.

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Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date exercise or expiration of this Warrant subdivide its shares of capital stock of the same class Series C Preferred Stock (or any successor security as the Warrant Sharesprovided for in SECTION 6(b)), by split-up or otherwise, or combine such its shares of capital stockSeries C Preferred Stock (or any successor security as provided for in SECTION 6(b)), or issue additional shares of capital stock Common Stock as a dividend with respect to any of its shares of such capital stock, Series C Preferred Stock (or effect any forward stock split or reverse stock split of its capital stock of the same class successor security as the Warrant Sharesprovided for in SECTION 6(b)), the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price payable per sharePrice, but provided that the aggregate Exercise Price exercise price payable hereunder for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(1SECTION 6(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.

Appears in 3 contracts

Samples: Optium Corp, Optium Corp, Optium Corp

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but or from time to time prior to the Expiration Date subdivide its shares of capital stock of the same class as the Warrant Shares, by split-up forward stock split or otherwise, or combine such shares of capital stockshares, or issue additional shares of capital stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant Sharesshares, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price payable per shareWarrant Share, but the aggregate Exercise Purchase Price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. The aggregate Exercise Price shall be reduced by the aggregate amount of cash dividends paid to holders of equity securities in the Company prior to the date of the Holder’s exercise of the Warrant. Any adjustment under this Section 2(a)(19(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such subdivision, combination, dividend, or other distribution, or in the event that no record date is fixed, upon the making of such subdivision, combination or dividend.

Appears in 3 contracts

Samples: Common Stock Warrant (Audioeye Inc), Note and Warrant Purchase Agreement (Audioeye Inc), Audioeye Inc

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but or from time to time prior to the Expiration Date subdivide its shares of capital stock of the same class as the Warrant Shares, by split-up forward stock split or otherwise, or combine such shares of capital stockshares, or issue additional shares of capital stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant Sharesshares, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price payable per shareWarrant Share, but the aggregate Exercise Purchase Price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. The aggregate Exercise Price shall be reduced by the aggregate amount of cash dividends paid to holders of equity securities in the Company prior to the date of the Holder’s exercise of the Warrant. Any adjustment under this Section 2(a)(110(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such subdivision, combination, dividend, or other distribution, or in the event that no record date is fixed, upon the making of such subdivision, combination or dividend.

Appears in 3 contracts

Samples: Common Stock Warrant (Audioeye Inc), Audioeye Inc, Audioeye Inc

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date expiration of this Warrant subdivide its shares of capital stock of the same class as Equity Securities (or the Warrant SharesCommon Equity Interests underlying the Equity Securities, if applicable), by split-up or otherwise, or combine such shares of capital stockits Equity Securities (or the Common Equity Interests underlying the Equity Securities, if applicable), or issue additional shares of capital stock its Equity Securities (or the Common Equity Interests underlying the Equity Securities, if applicable) as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant Sharesdividend, the number of Warrant Shares Equity Securities issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price purchase price payable per share, but the aggregate Exercise Price purchase price payable for the total number of Warrant Shares Equity Securities purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(18(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that if no record date is fixed, upon the making of such dividend.

Appears in 2 contracts

Samples: Grow Ny Warrant Agreement, Grow Ny Warrant Agreement

Subdivisions, Combinations and Other Issuances. If the Company shall will at any time after the Date of Issuance issuance but prior to the Expiration Date expiration of this Warrant subdivide its shares of capital stock of the same class as the Warrant SharesCommon Stock, by split-up or otherwise, or combine such shares of capital stock, or issue additional shares of capital stock its Common Stock or Common Stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant SharesCommon Stock, the number of Warrant Shares issuable on the exercise of this Warrant shall will forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock split, or proportionately decreased in the case of a reverse stock split or other combinationdividend. Appropriate adjustments shall will also be made to the Exercise Price payable per share, but the aggregate Exercise Price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall will remain the same. Any adjustment under this Section 2(a)(17(a) shall will become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend. The number of shares issuable on the exercise of this Warrant shall not be affected by any combination or reverse split of the Common Stock of the Company, nor will the Exercise Price be affected by any such combination or reverse split.

Appears in 1 contract

Samples: Forbearance Agreement (GlyEco, Inc.)

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after during the Date of Issuance but prior to the Expiration Date Exercise Period subdivide its shares of capital stock of the same class as the Warrant SharesCommon Stock, by split-up split‑up or otherwise, or combine such shares of capital stockits Common Stock, or issue additional shares Common Stock (including any right, option, warrant or other security or evidence of capital stock indebtedness in each case convertible into, or exercisable or exchangeable for, directly or indirectly, any Common Stock or other equity or voting interest issued by the Company that is convertible into, or exercisable or exchangeable for, directly or indirectly, Common Stock of the Company (“Convertible Securities”)) as a dividend or distribution with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as equity interests of the Warrant SharesCompany, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, stock dividend subdivision or forward stock splitequity interest distribution, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be proportionately made to the Exercise Price payable per share, but the aggregate Exercise Price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(17(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividenddividend or distribution, or in the event that if no record date is fixed, upon the making of such dividenddividend or distribution.

Appears in 1 contract

Samples: Financing Agreement (Danimer Scientific, Inc.)

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date expiration of this Warrant subdivide its shares of capital stock of the same class as the Warrant SharesSeries D’ Preferred Stock, by split-up split or otherwise, or combine such shares of capital stockits Series D’ Preferred Stock, or issue additional shares of capital stock its Series D’ Preferred Stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant SharesSeries D’ Preferred Stock, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price purchase price payable per share, but the aggregate Exercise Price purchase price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(18(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such subdivision, combination or dividend, or in the event that no record date is fixed, upon the making of such subdivision, combination or dividend. It being understood that the Series D’ Preferred Stock issuable upon exercise of the Warrant shall be subject to the provisions set forth in the Amended and Restated Certificate of Incorporation as in effect as of the date hereof (the “Restated Certificate”) which relate to the adjustment of the Conversion Price, as that term is defined in the Restated Certificate.

Appears in 1 contract

Samples: Danger Inc

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date expiration of this Warrant subdivide its shares of capital stock of the same class as the Warrant SharesSeries D Preferred Stock, by split-up split or otherwise, or combine such shares of capital stockits Series D Preferred Stock, or issue additional shares of capital stock its Series D Preferred Stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant SharesSeries D Preferred Stock, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price purchase price payable per share, but the aggregate Exercise Price purchase price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(18(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such subdivision, combination or dividend, or in the event that no record date is fixed, upon the making of such subdivision, combination or dividend. It being understood that the Series D Preferred Stock issuable upon exercise of the Warrant shall be subject to the provisions set forth in the Amended and Restated Certificate of Incorporation as in effect as of the date hereof (the “Restated Certificate”) which relate to the adjustment of the Conversion Price, as that term is defined in the Restated Certificate.

Appears in 1 contract

Samples: Danger Inc

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but or from time to time prior to the Expiration Date subdivide its shares of capital stock of the same class as the Warrant Shares, by split-up forward stock split or otherwise, or combine such shares of capital stockshares, or issue additional shares of capital stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant Sharesshares, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price payable per shareWarrant Share, but the aggregate Exercise Purchase Price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. The aggregate Exercise Price shall be reduced by the aggregate amount of cash dividends paid to holders of equity securities in the Company prior to the date of the Holder's exercise of the Warrant. Any adjustment under this Section 2(a)(110(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such subdivision, combination, dividend, or other distribution, or in the event that no record date is fixed, upon the making of such subdivision, combination or dividend.

Appears in 1 contract

Samples: FLASR, Inc.

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Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date expiration of this Warrant subdivide its shares of capital stock of the same class as the Warrant SharesSeries E Preferred Stock, by split-up split or otherwise, or combine such shares of capital stockits Series E Preferred Stock, or issue additional shares of capital stock its Series E Preferred Stock as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant SharesSeries E Preferred Stock, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price purchase price payable per share, but the aggregate Exercise Price purchase price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(19(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such subdivision, combination or dividend, or in the event that no record date is fixed, upon the making of such subdivision, combination or dividend. It being understood that the Series E Preferred Stock issuable upon exercise of the Warrant shall be subject to the provisions set forth in the Amended and Restated Certificate of Incorporation as in effect as of the date hereof (the “Restated Certificate”) which relate to the adjustment of the Conversion Price, as that term is defined in the Restated Certificate.

Appears in 1 contract

Samples: Danger Inc

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date expiration of this Warrant subdivide its shares of capital stock of the same class as the Warrant SharesCommon Stock, by split-up or otherwise, or combine such shares of capital stockits Common Stock, or issue additional shares of capital stock its Common Stock as a dividend or distribution with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant SharesCommon Stock, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments The Exercise Price shall also be made to adjusted by multiplying the Exercise Price payable per shareimmediately prior to the adjustment by a fraction, but of which the numerator shall be the number of Shares purchasable upon the exercise of each Warrant immediately prior to the adjustment, and of which the denominator shall be the Number of Shares so purchasable immediately thereafter; provided however, that the aggregate Exercise Price purchase price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(17(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.

Appears in 1 contract

Samples: Basin Water, Inc.

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date exercise or expiration of this Warrant subdivide its shares of capital stock of the same class Series C Preferred Stock (or any successor security as the Warrant Sharesprovided for in SECTION 6(b)), by split-up or otherwise, or combine such its shares of capital stock, Series C Preferred Stock (or any successor security as provided for in SECTION 6(b)). or issue additional shares of capital stock Common Stock as a dividend with respect to any of its shares of such capital stock, Series C Preferred Stock (or effect any forward stock split or reverse stock split of its capital stock of the same class successor security as the Warrant Sharesprovided for in SECTION 6(b)), the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price payable per sharePrice, but provided that the aggregate Exercise Price exercise price payable hereunder for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(1SECTION 6(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.

Appears in 1 contract

Samples: Optium Corp

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date expiration of this Warrant (i) subdivide its shares of capital stock of the same class as the Warrant Preferred Shares or Ordinary Shares, by split-up or otherwise, or combine such shares of capital stockits Preferred Shares or Ordinary Shares, or (ii) issue additional shares Preferred Shares (other than any Preferred Shares issued in lieu of capital stock cash dividends on the Preferred Shares), Ordinary Shares or other equity securities as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant Sharesequity securities, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivisionsubdivision (by stock split, stock dividend or forward stock splitotherwise), or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price payable per share, but the aggregate Exercise Price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(18(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.

Appears in 1 contract

Samples: China Hydroelectric Corp

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date expiration of this Warrant subdivide its shares of capital stock of the same class as the Warrant Shares, by split-up or otherwise, or combine such shares of capital stockthe Shares, or issue additional shares of capital stock Shares as a dividend with respect to any shares of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as the Warrant Sharesdividend, the number of Warrant Shares issuable on the exercise of this Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a reverse stock split or other combination. Appropriate adjustments shall also be made to the Exercise Price purchase price payable per share, but the aggregate Exercise Price purchase price payable for the total number of Warrant Shares purchasable under this Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(16(a) shall become effective at the close of business on the date the subdivision or combination becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend. For purposes of this subsection (a), if the Shares are convertible into or exercisable for any other class or series of the Company’s securities, subdivisions and consolidations in, and dividends of, such other securities shall result in like adjustments to the number of Shares issuable under this Warrant and the purchase price per share payable therefor.

Appears in 1 contract

Samples: Laserlock Technologies Inc

Subdivisions, Combinations and Other Issuances. If the Company shall at any time after the Date of Issuance but prior to the Expiration Date subdivide its shares of capital stock expiration of the same Warrant subdivide the class as of securities that includes the Warrant Shares, by split-up or otherwise, or combine such shares or reverse split the class of capital stocksecurities that includes the Warrant Shares, or issue additional shares of capital stock the class of securities that includes the Warrant Shares as a dividend with respect to any shares the class of such capital stock, or effect any forward stock split or reverse stock split of its capital stock of the same class as securities that includes the Warrant Shares, the number of Warrant Shares issuable on the exercise of this the Warrant shall forthwith be proportionately increased in the case of a subdivision, subdivision or stock dividend or forward stock splitdividend, or proportionately decreased in the case of a combination or reverse stock split or other combinationsplit. Appropriate adjustments shall also be made to the Exercise Price exercise price payable per share, but the aggregate Exercise Price exercise price payable for the total number of Warrant Shares shares of the Company’s capital stock purchasable under this the Warrant (as adjusted) shall remain the same. Any adjustment under this Section 2(a)(19(a) shall become effective at the close of business on the date the subdivision subdivision, split, combination or combination reverse split, or whatever the case may be, becomes effective, or as of the record date of such dividend, or in the event that no record date is fixed, upon the making of such dividend.

Appears in 1 contract

Samples: Warrant (Neothetics, Inc.)

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