Common use of Adjustments for Other Dividends and Distributions Clause in Contracts

Adjustments for Other Dividends and Distributions. If at any time or from time to time after the Issuance Date Parent Issuer pays a dividend or makes another distribution to the holders of the Common Stock payable in securities of Parent Issuer, other than an event constituting a Common Stock Event then, in each such event, provision shall be made so that the holders of the Notes shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereof, the amount of securities of Parent Issuer which they would have received had their Notes been converted into Common Stock on the date of such event (or such record date, as applicable) and had they thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 with respect to the rights of the holders of the Notes or with respect to such other securities by their terms.

Appears in 4 contracts

Samples: Intercreditor Agreement (Manchester Financial Group, LP), Intercreditor Agreement (Navation, Inc.), Intercreditor Agreement (NextWave Wireless Inc.)

AutoNDA by SimpleDocs

Adjustments for Other Dividends and Distributions. If at any time or from time to time after the Issuance Original Issue Date Parent Issuer the Corporation pays a dividend or makes another distribution to the holders of the Common Stock payable in securities of Parent Issuerthe Corporation, other than an event constituting a Common Stock Event thenEvent, then in each such event, event provision shall be made so that the holders of the Notes Series A Preferred Stock shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereof, the amount of securities of Parent Issuer the Corporation which they would have received had their Notes Series A Preferred Stock been converted into Common Stock on the date of such event (or such record date, as applicable) and had they thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 5 with respect to the rights of the holders of the Notes Series A Preferred Stock or with respect to such other securities by their terms.

Appears in 2 contracts

Samples: Warrant Purchase Agreement (Gric Communications Inc), Investors' Rights Agreement (Gric Communications Inc)

Adjustments for Other Dividends and Distributions. If at any time or from time to time after the Issuance Original Issue Date Parent Issuer the Company pays a dividend or makes another distribution to the holders of the Common Stock payable in securities of Parent Issuer, the Company other than an event constituting a shares of Common Stock Event thenStock, then in each such event, event provision shall be made so that the holders of the Notes Series C Preferred Stock shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereof, the amount of securities of Parent Issuer the Company which they would have received had their Notes Series C Preferred Stock been converted into Common Stock on the date of such event (or such record date, as applicable) and had they thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 5 with respect to the rights of the holders of the Notes Series C Preferred Stock or with respect to such other securities by their terms.

Appears in 2 contracts

Samples: Conversion Agreement (Geospatial Corp), Preferred Stock Purchase Agreement (Geospatial Corp)

Adjustments for Other Dividends and Distributions. If In the event PRO at any time or from time to time after the Issuance Date Parent Issuer pays date of this Amendment shall make or issue, or fix a record date for the determination of holders of Common Stock entitled to receive, a dividend or makes another other distribution to the holders of the Common Stock payable in securities of Parent Issuer, PRO (other than an event constituting a distribution of shares of Common Stock Event thenin respect of outstanding shares of Common Stock) or in other property, then and in each such event, event provision shall be made so that the holders of the Notes Purchaser shall receive upon conversion thereofof a Quarterly Participation Payment, in addition to the number of shares of Common Stock receivable upon conversion thereofthereupon, the kind and amount of securities of Parent Issuer PRO, cash or other property which they would have received been entitled to receive had their Notes the Quarterly Participation Payment been converted into Common Stock on the date of such event (or such record date, as applicable) and had they Purchaser thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them it as aforesaid during such period, subject giving application to all other adjustments called for during such period under this Section 1 with respect to the rights of the holders of the Notes or with respect to such other securities by their termsparagraph.

Appears in 1 contract

Samples: Second Omnibus Amendment (Platinum Research Organization, Inc.)

Adjustments for Other Dividends and Distributions. If at any time or from time to time after hereafter the Issuance Date Parent Issuer Company pays a dividend or makes another distribution to the holders of the Common Stock payable in securities of Parent Issuerthe Company, other than an event constituting a Common Stock Event thenEvent, then in each such event, event provision shall be made so that the holders of the Notes Series D Preferred Stock shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereof, the amount of securities of Parent Issuer the Company which they would have received had their Notes Series D Preferred Stock been converted into Common Stock on the date of such event (or such record date, as applicable) and had they thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 6 with respect to the rights of the holders of the Notes Series D Preferred Stock or with respect to such other securities by their terms.

Appears in 1 contract

Samples: Securities Exchange and Settlement Agreement (Kona Gold Solutions, Inc.)

Adjustments for Other Dividends and Distributions. If at any time or from time to time after the Issuance Issue Date Parent Issuer the Company pays a dividend or makes another distribution to the holders of the Common Stock payable in securities of Parent Issuerthe Company, other than an event constituting a Common Stock Event thenEvent, then in each such event, event provision shall be made so that the holders of the Notes Holder shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereof, the amount of securities of Parent Issuer the Company which they the Holder would have received had their Notes this Note been converted into Common Stock on the date of such event (or such record date, as applicable) and had they thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 2.02 with respect to the rights of the holders of the Notes Holder or with respect to such other securities by their terms.

Appears in 1 contract

Samples: Assignment  agreement (Options Media Group Holdings, Inc.)

AutoNDA by SimpleDocs

Adjustments for Other Dividends and Distributions. If at any time or from time to time after the Issuance Original Issue Date Parent Issuer the Company pays a dividend or makes another distribution to the holders of the Common Stock payable in securities of Parent Issuerthe Company, other than an event constituting a Common Stock Event thenEvent, then in each such event, event provision shall be made so that the holders of the Notes Holder shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereof, the amount of securities of Parent Issuer the Company which they the Holder would have received had their Notes this Note been converted into Common Stock on the date of such event (or such record date, as applicable) and had they thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 3 with respect to the rights of the holders of the Notes Holder or with respect to such other securities by their terms.

Appears in 1 contract

Samples: Upstream Worldwide, Inc.

Adjustments for Other Dividends and Distributions. If the Corporation at any time or from time to time after makes, or fixes a record date for the Issuance Date Parent Issuer pays determination of holders of Common Stock entitled to receive, a dividend or makes another other distribution to the holders of the Common Stock payable in securities of Parent Issuer, the Corporation other than an event constituting a shares of Common Stock Event thenStock, in each such event, event provision shall be made so that the holders of the Notes Series Preferred 11 128 shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereofthereupon, the amount of other securities of Parent Issuer the Corporation which they would have received had their Notes Series Preferred been converted into Common Stock on the date of such event (or such record date, as applicable) and had they thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 4.2(e) with respect to the rights of the holders of the Notes Series Preferred or with respect to such other securities by their terms.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Velocom Inc)

Adjustments for Other Dividends and Distributions. If at any time or from time to time after the Issuance Date Parent Issuer pays a dividend or makes another distribution to the holders of the Common Stock payable in securities of Parent Issuer, other than an event constituting a Common Stock Event then, then in each such event, event provision shall be made so that the holders of the Notes Holder shall receive upon conversion thereof, in addition to the number of shares of Common Stock receivable upon conversion thereofof this Note, the amount of securities of Parent Issuer which they would have received had their Notes this Note been converted into Common Stock on the date of such event (or such record date, as applicable) and had they Holder thereafter, during the period from the date of such event (or such record date, as applicable) to and including the conversion date, retained such securities receivable by them Holder as aforesaid during such period, subject to all other adjustments called for during such period under this Section 1 5(c)(i) with respect to the rights of the holders of the Notes Holder or with respect to such other securities by their terms.

Appears in 1 contract

Samples: Note Purchase Agreement (Options Media Group Holdings, Inc.)

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