Common use of Split, Subdivision or Combination of Shares Clause in Contracts

Split, Subdivision or Combination of Shares. If the Company at any time while this Note, or any portion thereof, remains outstanding and unexpired shall split, subdivide or combine the shares of Series E Preferred Stock or Common Stock into a different number of securities of the same class, the Price Per Share or conversion price, as the case may be, shall be proportionately adjusted.

Appears in 14 contracts

Samples: Critical Path Inc, Critical Path Inc, Critical Path Inc

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Split, Subdivision or Combination of Shares. If the Company Corporation at any time while this Notethe Series B Preferred Stock, or any portion thereof, remains outstanding and unexpired shall split, subdivide or combine the shares of securities as to which conversion rights under the Series E B Preferred Stock or Common Stock exist, into a different number of securities of the same class, the Conversion Price Per Share or conversion price, as the case may be, shall be proportionately adjusteddecreased in the case of a split or subdivision or proportionately increased in the case of a combination.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Stellar Technologies, Inc.), Securities Purchase Agreement (Stellar Technologies, Inc.), Securities Purchase Agreement (Stellar Technologies, Inc.)

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Split, Subdivision or Combination of Shares. If the Company at any time while this Note, or any portion thereof, remains outstanding and unexpired shall split, subdivide or combine the shares of Series E Preferred Stock or Common Stock into a different number of securities of the same class, the Price Per Share or conversion price, as the case may be, shall be proportionately adjusted.

Appears in 1 contract

Samples: Critical Path Inc

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