Common use of Combination of Stock Clause in Contracts

Combination of Stock. If at any time after the date of this Warrant the number of shares of Common Stock outstanding shall have been decreased by a combination of the outstanding shares of Common Stock (including a reverse stock-split), then, immediately after the effective date of such combination, the number of shares of Common Stock to be delivered upon exercise of this Warrant will be decreased so that the Warrantholder thereafter will be entitled to receive the number of shares of Common Stock that such Warrantholder would have owned immediately following such action had this Warrant been exercised WARRANT NO. 010 immediately prior thereto, and the per share Exercise Price will be adjusted as provided below in paragraph 6.2.

Appears in 2 contracts

Samples: Motorola Inc, Next Level Communications Inc

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Combination of Stock. If at any time after the date of this Warrant the number of shares of Common Stock outstanding shall have been decreased by a combination of the outstanding shares of Common Stock (including a reverse stock-split), then, immediately after the effective date of such combination, the number of shares of Common Stock to be 4 delivered upon exercise of this Warrant will be decreased so that the Warrantholder thereafter will be entitled to receive the number of shares of Common Stock that such Warrantholder would have owned immediately following such action had this Warrant been exercised WARRANT NO. 010 immediately prior thereto, and the per share Exercise Price will be adjusted as provided below in paragraph 6.2.

Appears in 1 contract

Samples: Next Level Communications Inc

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Combination of Stock. If at any time after the date of this Warrant hereof and before the Exercise Deadline the number of shares of Common Stock outstanding shall have been decreased by a combination of the outstanding shares of Common Stock (including a reverse stock-split)Stock, then, immediately after the effective date time of such combination, the number of shares of Common Stock to be delivered upon exercise of this each Warrant will be appropriately decreased so that the Warrantholder registered holder thereafter will be entitled to receive the number of shares of Common Stock that such Warrantholder registered holder would have owned immediately following such action had this such Warrant been exercised WARRANT NO. 010 immediately prior thereto, and the per share Applicable Exercise Price will be appropriately adjusted as provided below in paragraph 6.2Section 5.1(g).

Appears in 1 contract

Samples: Unit and Warrant Agreement (Anthra Pharmaceuticals Inc)

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