Common use of Changes in Common Stock Clause in Contracts

Changes in Common Stock. In the event that at any time and from time to time the Company shall (i) pay a dividend or make a distribution on Common Stock in shares of Common Stock or other shares of Capital Stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization of its Common Stock, then, in each such case, the number of shares of Common Stock issuable upon exercise of this Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive the number of shares of Common Stock that the Warrantholder would have owned or have been entitled to receive had this Warrant been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common Stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such event and the denominator of which shall be the number of Warrant Shares purchasable after the adjustment referred to above. An adjustment made pursuant to this Section 6.1 shall become effective immediately after the distribution date, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Appears in 4 contracts

Samples: Apollo Investment Fund Iv Lp, Sirius Satellite Radio Inc, Apollo Investment Fund Iv Lp

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Changes in Common Stock. In the event that at any time and or from time to time the Company shall (i) pay a dividend or make a distribution on its Common Stock payable in shares of its Common Stock or other shares equity interests of Capital Stockthe Company, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder such holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.8, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by the aforementioned fraction. An adjustment made pursuant to this Section 6.1 4.1 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationCompany's capital stock.

Appears in 2 contracts

Samples: Warrant Agreement (Startec Global Communications Corp), Warrant Agreement (Metricom Inc / De)

Changes in Common Stock. In the event that at any time and or ----------------------- from time to time the Company Careside shall (i) pay a dividend or make a distribution on its Common Stock in shares of its Common Stock or other shares of Capital Stockits capital stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder a Holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.08, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by such fraction. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationCareside's capital stock.

Appears in 1 contract

Samples: Warrant Agreement (Careside Inc)

Changes in Common Stock. In the event that at any time and or from ----------------------- time to time after the date hereof, the Company shall (i) pay a dividend or make a distribution on its Common Stock in shares of its Common Stock or other shares of Capital its capital stock to all holders of Common Stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, Stock (in each such case, other than a transaction to which Section 4.4 is applicable), then the number of shares of Common Stock issuable purchasable upon exercise of this Warrant the Warrants immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, each Holder of the Warrantholder Warrants shall be entitled to receive the number of shares of Common Stock (and other shares of capital stock, if applicable) upon exercise that the Warrantholder such Holder would have owned or have been entitled to receive had this Warrant the Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such event and the denominator of which shall be the number of Warrant Shares purchasable after the adjustment referred to abovein inverse proportion. An adjustment made pursuant to this Section 6.1 4.1 shall become effective immediately after the distribution effective date, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stockcapital stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification. The adjustment contemplated by this Section 4.1 shall be made successively whenever any event listed above shall occur.

Appears in 1 contract

Samples: Warrant Agreement (Liberty Media Corp /De/)

Changes in Common Stock. In the event that at any time and or from time to time the Company shall (i) pay a dividend or make a distribution on its Common Stock payable in shares of its Common Stock or other shares equity interests of Capital Stockthe Company, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder such holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.8, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by the aforementioned fraction. An adjustment made pursuant to this Section 6.1 4.1 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of the Company's Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Appears in 1 contract

Samples: Warrant Agreement (Metricom Finance Inc)

Changes in Common Stock. In the event that at any time and from time to time the Company shall (i) pay a dividend or make a distribution on Common Stock in shares of Common Stock or other shares of Capital Stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder Holder of each Warrant shall be entitled to receive the number of shares of Common Stock upon exercise of such Warrant that the Warrantholder such Holder would have owned or have been entitled to receive had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common Stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of the with one Warrant immediately prior to such event and the denominator of which shall be the number of Warrant Shares purchasable with one Warrant after the adjustment referred to above. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution date, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Appears in 1 contract

Samples: Warrant Agreement (Immune Response Corp)

Changes in Common Stock. In the event that the Company shall, at any time and or from time to time after the Company shall date hereof, (i) pay a dividend or make a distribution on Common Stock in issue any shares of Common Stock or other shares as a stock dividend to the holders of Capital Common Stock, (ii) subdivide its or combine the outstanding shares of Common Stock into a larger greater or lesser number of shares of Common Stock, or (iii) combine its outstanding issue any shares of Common Stock into its capital stock in a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization reclassification or reorganization of its the Common StockStock (any such issuance, thensubdivision, combination, reclassification or reorganization being herein called a "Change of Shares"), then (A) in each such casethe case of (i) or (ii) above, the number of shares of Common Stock issuable that may be purchased upon the exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive the number of shares of Common Stock that the Warrantholder Holder of such Warrant would have owned or have been entitled to receive after the happening of such event had this such Warrant been exercised immediately prior to the happening of the events described above record date (or, in if there is no record date, the case of a dividend or distribution of Common Stock, immediately prior to the record date therefor)effective date) for such event, and the Exercise Purchase Price shall be adjusted to the price (calculated to the nearest 100th 1,OOOth of one cent) determined by multiplying the Exercise Purchase Price immediately prior to such event by a fraction, fraction the numerator of which shall be the number of Warrant Shares shares of Common Stock purchasable upon the exercise of the with one Warrant immediately prior to such event and the denominator of which shall be the number of shares of Common Stock purchasable with one Warrant Shares purchasable after the adjustment referred to above and (B) in the case of (iii) above, paragraph (1) below shall apply. An adjustment made pursuant to clause (A) of this Section 6.1 paragraph (a) shall become effective retroactively immediately after the distribution date, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in other cases, but any shares of Common Stock issuable solely as a result of such adjustment shall not be issued prior to the case effective date of a subdivision, combination or reclassificationsuch event.

Appears in 1 contract

Samples: Warrant Agreement (Uniroyal Technology Corp)

Changes in Common Stock. In the event that at any time and or from time to time after the date of execution of the Indemnification and Warrant Purchase Agreement, the Company shall (i) pay a dividend or make a distribution on its Common Stock payable in shares of its Common Stock or other shares equity interests of Capital Stockthe Company, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder such Holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.5, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by the aforementioned fraction. An adjustment made pursuant to this Section 6.1 4.1 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationCompany's capital stock.

Appears in 1 contract

Samples: Warrant Agreement (Chart Industries Inc)

Changes in Common Stock. In the event that at any time and or from time to time the Company GTL shall (i) pay a dividend or make a distribution on its Common Stock in shares of its Common Stock or other shares of Capital Stockits capital stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder such holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.08, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by such fraction. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationGTL's capital stock.

Appears in 1 contract

Samples: Warrant Agreement (Globalstar Telecommunications LTD)

Changes in Common Stock. In the event that at any time and or from time to time the Company CyberShop shall (i) pay a dividend or make a distribution on its Common Stock in shares of its Common Stock or other shares of Capital Stockits capital stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder such holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.08, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by such fraction. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationCyberShop's capital stock.

Appears in 1 contract

Samples: Warrant Agreement (Cybershop International Inc)

Changes in Common Stock. In the event that at any time and from time to time the Company shall (i) pay a dividend or make a distribution on the Common Stock in shares of Common Stock or other shares of Capital Stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder Holder of each Warrant shall be entitled to receive the number of shares of Common Stock upon exercise of such Warrant that the Warrantholder such Holder would have owned or would have been entitled to receive had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common Stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such event and the denominator of which shall be the number of Warrant Shares purchasable after the adjustment referred to above. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution date, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification. If any event occurs of the type contemplated by the provisions of this Section 4.01 but not expressly provided for by such provisions, then the Company’s Board of Directors will make an appropriate adjustment in the Exercise Price and the number of Warrant Shares so as to protect the rights of the Holders.

Appears in 1 contract

Samples: Warrant Agreement (Hutchinson Technology Inc)

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Changes in Common Stock. In the event that the Company shall, at any ----------------------- time and or from time to time the Company shall time, (i) pay a dividend or make a distribution on Common Stock in issue any shares of Common Stock or other shares as a stock - dividend to the holders of Capital Common Stock, (ii) subdivide its or combine the -- outstanding shares of Common Stock into a larger greater or lesser number of shares of Common Stockshares, (iii) combine issue any shares of its outstanding capital stock in a reclassification or --- reorganization of the Common Stock, or (iv) issue any shares of Common Stock into -- pursuant to the terms of the agreement by which the Company acquired ICT Spectrum Constructors, Inc. (any such issuance, subdivision, combination, reclassification or reorganization being called a smaller number "Change of shares Shares"), then (x) - in the case of Common Stock (i) or (ivii) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization of its Common Stock, then, in each such caseabove, the number of shares of Common Stock issuable that may be purchased upon the exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive the number of shares of Common Stock that the Warrantholder Holder of such Warrant would have owned or have been entitled to receive after the happening of such event had this such Warrant been exercised immediately prior to the happening of the events described above record date (or, in if there is no record date, the case of a dividend or distribution of Common Stock, immediately prior to the record date therefor)effective date) for such event, and the Exercise Purchase Price shall be adjusted to the price (calculated to the nearest 100th 1,000th of one cent) determined by multiplying the Exercise Purchase Price immediately prior to such event by a fraction, the numerator of which shall be the number of Warrant Shares shares of Common Stock purchasable upon the exercise of the with one Warrant immediately prior to such event and the denominator of which shall be the number of shares of Common Stock purchasable with one Warrant Shares purchasable after the adjustment referred to above and (y), in the case of (iii) above, paragraph - (l) below shall apply. An adjustment made pursuant to clause (x) of this Section 6.1 paragraph (a) shall become effective retroactively immediately after the distribution date, retroactive to the record date therefor in the case of a such dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in other cases, but any shares of Common Stock issuable solely as a result of such adjustment shall not be issued prior to the case effective date of a subdivision, combination or reclassificationsuch event.

Appears in 1 contract

Samples: Warrant Agreement (Icf Kaiser International Inc)

Changes in Common Stock. In the event that at any time and ----------------------- or from time to time the Company shall (i) pay a dividend or make a distribution on to all holders of its Common Stock in shares of its Common Stock or other shares of Capital Stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder such holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.08 the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by such fraction. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationCompany's capital stock.

Appears in 1 contract

Samples: Warrant Agreement (Trans World Airlines Inc /New/)

Changes in Common Stock. In the event that at any time and or from time to time the Company shall (i) pay a dividend or make a distribution on its Common Stock payable in shares of its Common Stock or other shares equity interests of Capital Stockthe Company, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder such holder would have owned or have been entitled to receive upon exercise had this Warrant such Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.08, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by the aforementioned fraction. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationCompany's capital stock.

Appears in 1 contract

Samples: Warrant Agreement (Primus Telecommunications Group Inc)

Changes in Common Stock. In the event that the Company shall, at any ----------------------- time and or from time to time after the Company shall date hereof, (i) pay a dividend or make a distribution on Common Stock in issue any shares of Common Stock or other shares as a stock dividend to the holders of Capital Common Stock, (ii) subdivide its or combine the outstanding shares of Common Stock into a larger greater or lesser number of shares of Common Stock, or (iii) combine its outstanding issue any shares of Common Stock into its capital stock in a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization reclassification or reorganization of its the Common StockStock (any such issuance, thensubdivision, combination, reclassification or reorganization being herein called a "Change of Shares"), then (A) in each such casethe case of (i) or (ii) above, the number of shares of Common Stock issuable that may be purchased upon the exercise of this each Warrant immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive the number of shares of Common Stock that the Warrantholder Holder of such Warrant would have owned or have been entitled to receive after the happening of such event had this such Warrant been exercised immediately prior to the happening of the events described above record date (or, in if there is no record date, the case of a dividend or distribution of Common Stock, immediately prior to the record date therefor)effective date) for such event, and the Exercise Purchase Price shall be adjusted to the price (calculated to the nearest 100th 1,000th of one cent) determined by multiplying the Exercise Purchase Price immediately prior to such event by a fraction, the numerator of which shall be the number of Warrant Shares shares of Common Stock purchasable upon the exercise of the with one Warrant immediately prior to such event and the denominator of which shall be the number of shares of Common Stock purchasable with one Warrant Shares purchasable after the adjustment referred to above and (B) in the case of (iii) above, paragraph (l) below shall apply. An adjustment made pursuant to clause (A) of this Section 6.1 paragraph (a) shall become effective retroactively immediately after the distribution date, retroactive to the record date therefor in the case of a such dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in other cases, but any shares of Common Stock issuable solely as a result of such adjustment shall not be issued prior to the case effective date of a subdivision, combination or reclassificationsuch event.

Appears in 1 contract

Samples: Warrant Agreement (Systems Applications International Inc)

Changes in Common Stock. In the event that at any time and or from time to time after the date hereof the Company shall (i) pay declare a dividend or make a distribution on its Common Stock payable in shares of its Common Stock or other shares of Capital Stockcapital stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stockshares, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or shares, (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, the number or (v) issue by reclassification of shares of its Common Stock issuable upon exercise other securities of this the Company, then the Number of Shares Per Warrant immediately after the happening occurrence of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder each Holder shall be entitled to receive the number of shares of Common Stock and Other Securities upon exercise that the Warrantholder such Holder would have owned or have been entitled to receive had this each Warrant been exercised immediately prior to the happening occurrence of the events described above (or, in the case of a dividend or distribution of Common Stock, immediately prior to the record date therefor), and the Exercise Price for each Warrant shall be adjusted to the price (calculated to the nearest 100th of one cent) a number determined by multiplying the Exercise Price immediately prior to such event by a fraction, (A) the numerator of which shall be the number Number of Warrant Shares purchasable upon the exercise of the Per Warrant immediately prior to such event adjustment, and (B) the denominator of which shall be the number Number of Shares Per Warrant Shares purchasable after the adjustment referred to aboveimmediately following such adjustment. An adjustment made pursuant to this Section 6.1 3.1 shall become effective immediately after the distribution effective date, retroactive to the record date therefor therefor, in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassification.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Numbeer, Inc.)

Changes in Common Stock. In the event that at any time and or from time to time the Company shall (i) pay a dividend or make a distribution on its Common Stock in shares of its Common Stock or other shares of Capital Stockits capital stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) increase or decrease the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization reclassification of its Common Stock, then, in each such case, then the number of shares of Common Stock issuable upon exercise of this Warrant the Warrants immediately after the happening of such event shall be adjusted so that, after giving effect to such adjustment, the Warrantholder shall be entitled to receive a number determined by multiplying the number of shares of Common Stock that the Warrantholder Holders would have owned or have been entitled to receive upon exercise had this Warrant the Warrants been exercised immediately prior to the happening of the events described above (or, in the case of a dividend or distribution of Common StockStock or other shares of capital stock, immediately prior to the record date therefor), and the Exercise Price shall be adjusted to the price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Price immediately prior to such event by a fraction, the numerator of which shall be the total number of Warrant Shares purchasable upon shares of Common Stock outstanding immediately after the exercise happening of the Warrant immediately prior to such event events described above and the denominator of which shall be the total number of shares of Common Stock outstanding immediately prior to the happening of the events described above; and subject to Section 4.08, the Exercise Price for each Warrant Shares purchasable after shall be adjusted to a number determined by dividing the adjustment referred Exercise Price immediately prior to abovesuch event by such fraction. An adjustment made pursuant to this Section 6.1 4.01 shall become effective immediately after the distribution dateeffective date of such event, retroactive to the record date therefor in the case of a dividend or distribution in shares of Common Stock or other shares of Capital Stock, and shall become effective immediately after the effective date in the case of a subdivision, combination or reclassificationCompany's capital stock.

Appears in 1 contract

Samples: Warrant Agreement (Truetime Inc)

Changes in Common Stock. In the event that at any time and from time to time If the Company shall (i) pay a dividend or make a distribution on Common Stock in shares of Common Stock or other shares of Capital Stock, (ii) subdivide its combine the outstanding shares of Common Stock into a larger lesser number of shares of Common Stockshares, (iiiii) combine its subdivide the outstanding shares of Common Stock into a smaller greater number of shares or (iii) issue additional shares of Common Stock as a dividend or (iv) increase or decrease other distribution with respect to the number of shares of Common Stock outstanding by reclassification, recapitalization or reorganization of its Common Stock, then, in each such case, the number of shares of Common Warrant Stock issuable upon exercise of this Warrant immediately after the happening of such event shall be adjusted so that, after giving effect equal to such adjustment, the Warrantholder shall be entitled to receive the number of shares of Common Stock that which the Warrantholder Holder would have owned or have been entitled to receive after the happening of any of the events described above if such shares had this Warrant been exercised issued immediately prior to the happening of such event, such adjustment to become effective concurrently with the events described above (oreffectiveness of such event. Whenever the number of shares of Warrant Stock purchasable upon exercise of this Warrant is adjusted as provided in this Section 3.1, in the case Purchase Price payable upon the exercise of a dividend or distribution of Common Stock, immediately prior to the record date therefor), and the Exercise Price this Warrant shall be adjusted to the that price (calculated to the nearest 100th of one cent) determined by multiplying the Exercise Purchase Price in effect immediately prior to such event adjustment by a fraction, fraction (i) the numerator of which shall be the number of shares of Warrant Shares Stock purchasable upon the exercise of the this Warrant immediately prior to such event adjustment, and (ii) the denominator of which shall be the number of shares of Warrant Shares Stock purchasable after the adjustment referred to aboveupon exercise of this Warrant immediately thereafter. An adjustment made pursuant to this Section 6.1 shall become effective immediately after the distribution date, retroactive to the record date therefor in the case The number of a dividend or distribution in shares of Common Stock outstanding at any given time for purposes of the adjustments set forth in this Section 3 shall exclude any shares then directly or other shares of Capital Stock, and shall become effective immediately after the effective date indirectly held in the case treasury of a subdivision, combination or reclassificationthe Company.

Appears in 1 contract

Samples: dELiAs, Inc.

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