Common use of Stock Dividends and Other Distributions Clause in Contracts

Stock Dividends and Other Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (a) and (b)) of Common Stock, then the Purchase Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 5 contracts

Samples: Exelixis Inc, Exelixis Inc, Exelixis Inc

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Stock Dividends and Other Distributions. If the Company at --------------------------------------- any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs sub paragraphs (a) and (b)) of Common Stock, then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 2 contracts

Samples: Banyan Systems Inc, Graphix Zone Inc /De/

Stock Dividends and Other Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock its common stock issuable hereunder payable in Common Stockthe same class or series of capital stock, or (ii) make any other distribution of common stock with respect to Common Stock its common stock (except any distribution specifically provided for in the foregoing subparagraphs (aSections 4(a) and (b4(b)) of Common Stock), then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock the applicable class or series of capital stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock such class or series of capital stock outstanding immediately after such dividend or distribution.

Appears in 2 contracts

Samples: Investor Rights Agreement (Futurelink Corp), Nextlink Communications Inc/New

Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution of Common Stock with respect to Common Stock which does not require the holder to pay any consideration prior to receiving such distribution of Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (aSections 4(a) and (b4(b)) of Common Stock), then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distributiondistribution becomes effective, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Integrated Packaging Assembly Corp

Stock Dividends and Other Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs Sub Sections (a) and (b)) of Common Stock, then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.. (d)

Appears in 1 contract

Samples: Gensia Inc

Stock Dividends and Other Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (aSECTION 4(A) and (bor SECTION 4(B)) of Common Stock, then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase then applicable Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Med Diversified Inc

Stock Dividends and Other Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution of Common Stock with respect to Common Stock which does not require the holder to pay any consideration prior to receiving such distribution of Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (aSections 4(a) and (b4(b)) of Common Stock), then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distributiondistribution becomes effective, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Integrated Packaging Assembly Corp

Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (aSection 4(a) and (b)or Section 4(b) hereof) of Common Stock, then the Purchase ------------ ------------ the Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Registration Rights Agreement (Video Update Inc)

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Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (aSection 4(a) and (b)or Section 4(b) hereof) of Common Stock, then the Purchase ------------ ------------ Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant Agreement (Video Update Inc)

Stock Dividends and Other Distributions. If the Company at --------------------------------------- any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (aSection 4(a) and (b)or Section 4(b) hereof) of Common ------------ ------------ Stock, then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Warrant Agreement (Video Update Inc)

Stock Dividends and Other Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs sub-paragraphs (a) and (b)) of Common Stock, then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to `such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and mid (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Securities Issuance Agreement (Epresence Inc)

Stock Dividends and Other Distributions. If the Company at any --------------------------------------- time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs sub-paragraphs (a) and (b)) of Common Stock, then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Security Agreement (QMS Inc)

Stock Dividends and Other Distributions. If the Company at any time while this Warrant is outstanding and unexpired shall (i) pay a dividend with respect to Common Stock payable in Common Stock, Stock or (ii) make any other distribution with respect to Common Stock (except any distribution specifically provided for in the foregoing subparagraphs (aSection 4(a) and (b)or Section 4(b) hereof) of Common Stock, then the Purchase Warrant Price shall be adjusted, from and after the date of determination of shareholders stockholders entitled to receive such dividend or distribution, to that price determined by multiplying the Purchase then applicable Warrant Price in effect immediately prior to such date of determination by a fraction (i) the numerator of which shall be the total number of shares of Common Stock outstanding immediately prior to such dividend or distribution, and (ii) the denominator of which shall be the total number of shares of Common Stock outstanding immediately after such dividend or distribution.

Appears in 1 contract

Samples: Med Diversified Inc

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