Common use of Subdivision or Combination of Stock Clause in Contracts

Subdivision or Combination of Stock. If the Company at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding shares of Convertible Preferred, then the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Convertible Preferred, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 5 contracts

Samples: Crescent Warrant Agreement (Synagro Technologies Inc), Synagro Technologies Inc, Synagro Technologies Inc

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Subdivision or Combination of Stock. If the Company at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding shares of Convertible PreferredPreferred Stock, then the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Convertible PreferredPreferred Stock, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 2 contracts

Samples: Exercise Agreement (Zefer Corp), Exercise Agreement (Zefer Corp)

Subdivision or Combination of Stock. If In case the Company shall at any ----------------------------------- time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its subdivide the outstanding shares of Convertible PreferredCommon Stock into a greater number of shares, then the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable shares issuable upon exercise of this Warrant the Warrants immediately prior to such subdivision shall be proportionately increased. If , and conversely, in case the Company outstanding shares of Common Stock shall be combined at any time combines (by reverse stock split or otherwise) its outstanding shares into a smaller number of Convertible Preferredshares, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable shares issuable upon exercise of this Warrant the Warrants immediately prior to such combination shall be proportionately decreasedreduced.

Appears in 2 contracts

Samples: Warrant Agreement (Mercator Software Inc), Warrant Agreement (Mercator Software Inc)

Subdivision or Combination of Stock. If and whenever after the Date of Issuance the Company at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding shares of Convertible PreferredCommon Stock, then the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Convertible PreferredCommon Stock, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 2 contracts

Samples: Cherokee Inc, Cherokee Inc

Subdivision or Combination of Stock. If In case the Company shall at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its subdivide the outstanding shares of Convertible PreferredCommon Stock into a greater number of shares, then the each Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable shares issuable upon exercise of this Warrant the Warrants immediately prior to such subdivision shall be proportionately increased. If , and conversely, in case the Company outstanding shares of Common Stock shall be combined at any time combines (by reverse stock split or otherwise) its outstanding shares into a smaller number of Convertible Preferredshares, then the each Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable shares issuable upon exercise of this Warrant the Warrants immediately prior to such combination shall be proportionately decreasedreduced.

Appears in 2 contracts

Samples: Execution Copy (Impleo LLC), Warrant Agreement (Bcam International Inc)

Subdivision or Combination of Stock. If In case the Company shall at any time subdivides (by any stock split, stock dividend, recapitalization split or otherwise) subdivide its outstanding shares of Convertible PreferredCommon Stock into a greater number of shares, then the Exercise Price in effect immediately prior to such split or subdivision shall be proportionately reduced and the number of Warrant Shares obtainable upon exercise of this Warrant shall be issuable hereunder proportionately increased. If , and conversely, in case the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Convertible Preferredthe Common Stock of the Company shall be combined into a smaller number of shares, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable upon exercise of this Warrant shall be issuable hereunder proportionately decreased.

Appears in 2 contracts

Samples: Securities Purchase Agreement (American Petro-Hunter Inc), GC China Turbine Corp.

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Subdivision or Combination of Stock. If the Company at any time ----------------------------------- subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding shares of Convertible PreferredPreferred Stock, then the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Convertible PreferredPreferred Stock, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 2 contracts

Samples: Exercise Agreement (Zefer Corp), Exercise Agreement (Zefer Corp)

Subdivision or Combination of Stock. If the Company at any time ----------------------------------- subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding shares of Convertible PreferredCommon Stock, then the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Convertible PreferredCommon Stock, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 1 contract

Samples: Exercise Agreement (Zefer Corp)

Subdivision or Combination of Stock. If the Company at any time subdivides (by any stock split, stock dividend, recapitalization or otherwise) its outstanding shares of Convertible PreferredCommon Stock, then the Exercise Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately increased. If the Company at any time combines (by reverse stock split or otherwise) its outstanding shares of Convertible PreferredCommon Stock, then the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Shares obtainable upon exercise of this Warrant shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (U S Aggregates Inc)

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