Common use of Stock Dividends and Distributions Clause in Contracts

Stock Dividends and Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall issue or pay the holders of its Common Stock, or take a record of the holders of its Common Stock for the purpose of entitling them to receive, a dividend payable in, or other distribution of, Common Stock, then the number of Warrant Shares purchasable upon exercise of this Warrant shall be adjusted to the number of shares of Common Stock that Holder would have owned immediately following such action had this Warrant been exercised immediately prior thereto.

Appears in 12 contracts

Samples: Securities Purchase Agreement (CurAegis Technologies, Inc.), Common Stock Purchase Warrant (CurAegis Technologies, Inc.), Common Stock Purchase Warrant (CurAegis Technologies, Inc.)

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Stock Dividends and Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall issue or pay the holders of its Common Stock, or take a record of the holders of its Common Stock for the purpose of entitling them to receive, a dividend payable in, or other distribution of, Common Stock, then the number of shares of Warrant Shares Stock purchasable upon exercise of this Warrant shall be adjusted to the number of shares of Common Stock that Holder would have owned immediately following such action had this Warrant been exercised immediately prior thereto.

Appears in 6 contracts

Samples: Stock Purchase Agreement (Bidfish.com, Inc.), Creative Solutions With Art, Inc., Creative Solutions With Art, Inc.

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