Adjustment for Stock Splits and Combinations. If the Corporation shall at any time or from time to time after the filing date of this Certificate (the “Effective Date”) effect a subdivision of the outstanding Common Stock, the Series C Conversion Price in effect immediately before that subdivision shall be proportionately decreased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Corporation shall at any time or from time to time after the Effective Date combine the outstanding shares of Common Stock, the Series C Conversion Price in effect immediately before the combination shall be proportionately increased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection shall become effective at the close of business on the date the subdivision or combination becomes effective.
Adjustment for Stock Splits and Combinations. If the Corporation shall at any time or from time to time after the filing date of this Certificate (the “Effective Date”) effect a subdivision of the outstanding Common Stock, the Series CD Conversion Price in effect immediately before that subdivision shall be proportionately decreased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Corporation shall at any time or from time to time after the Effective Date combine the outstanding shares of Common Stock, the Series CD Conversion Price in effect immediately before the combination shall be proportionately increased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection shall become effective at the close of business on the date the subdivision or combination becomes effective.
Adjustment for Stock Splits and Combinations. If the Corporation shall at any time or from time to time after the filing date of this Certificate (the “Effective Date”) effect a subdivision of the outstanding Common Stock, the Series CE Conversion Price in effect immediately before that subdivision shall be proportionately decreased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Corporation shall at any time or from time to time after the Effective Date combine the outstanding shares of Common Stock, the Series CE Conversion Price in effect immediately before the combination shall be proportionately increased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportion to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection shall become effective at the close of business on the date the subdivision or combination becomes effective.
Adjustment for Stock SplitsCertain Dividends and Combinations. IfDistributions. In the Corporation shall at any time or from time to time afterevent the filing date of this Certificate (the “Effective Date”) effect a subdivision of the outstanding Common Stock, the Series C Conversion Price in effect immediately before that subdivision shall be proportionately decreased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be increased in proportion to such increase in the aggregate number of shares of Common Stock outstanding. If the Corporation shall at any time or from time to time after the Effective Date combineshall make or issue, or fix a record date for the outstandingdetermination of holders of Common Stock entitled to receive, a dividend or other distribution payable on Common Stock in additional shares of Common Stock, then and in each such event the Series C Conversion Price in effect immediately before the combination shall be proportionately increased so that the number of shares of Common Stock issuable on conversion of each share of such seriesevent shall be decreased in proportion toas of the time of such decreaseissuance or, in the aggregate numberevent such a record date shall have been fixed, as of shares of Common Stock outstanding. Any adjustment under this subsection shall become effective at the close of business on such record date, by multiplying the date the subdivision or combination becomes effective.Series C Conversion Price then in effect by a fraction:
Subdivisions and Combinations. IfIn the Corporationevent the Borrower shall at any time subdivide (by any stock split, stock dividend or from time to time after the filing dateotherwise) one or more classes of this Certificate (the “Effective Date”) effect a subdivision of theits outstanding Common Stock, the Series C Conversion Price in effect immediately before that subdivision shall be proportionately decreased so that theStock into a greater number of shares of Common Stock issuable on conversion of each share of such seriesstock, the Conversion Price shall be increased in proportion to such increaseproportionately decreased. Conversely, in the aggregate number ofevent the outstanding shares of one or more classes of Common Stock outstanding. If the Corporation shall at any time be combined into a smaller number of shares (by reverse stock split or from time to time afterotherwise), the Effective Date combine the outstanding shares of Common Stock, the Series C Conversion Price in effect immediately before the combination shall be proportionately increased soincreased. In the case of any stock dividend described in this , the adjustment to be made shall be made as of the time immediately after the close of business on the record date for the determination of holders of any class of securities entitled to receive such dividend; provided, however, that if such record date shall have been fixed and such dividend shall not have been fully paid on the numberdate fixed, such adjustment shall be cancelled as of sharesthe close of Common Stock issuablebusiness on conversionsuch record date and, thereafter, the Conversion Price shall be adjusted pursuant to this subsection # as of each sharethe time of actual payment of such seriesdividend. In the case of any subdivision (other than a stock dividend) or combination described in this , the adjustment to be made pursuant hereto shall be decreased in proportion to such decrease in the aggregate numbermade as of shares of Common Stock outstanding. Any adjustment under this subsection shall become effective at the close of business on the date immediately prior to the subdivision or combinationdate upon which such corporate action becomes effective.
Stock SplitsSplits, Combinations and Combinations.Dividends. If the Corporation shall at any timeshares of Common Stock are subdivided or from time to time aftercombined into a greater or smaller number of shares of Common Stock, or if a dividend is paid on the filing dateCommon Stock in shares of this Certificate (the “Effective Date”) effect a subdivision of the outstanding Common Stock, the Series C Conversion Price in effect immediately before that subdivision shall be proportionately decreased so thatreduced in case of subdivision of shares or stock dividend or proportionately increased in the case of combination of shares, in each such case by the ratio which the total number of shares of Common Stock issuable on conversion of each share ofoutstanding immediately after such series shall be increased in proportionevent bears to such increase in the aggregatetotal number of shares of Common Stock outstanding. If the Corporation shall at any time or from time to time after the Effective Date combine the outstanding shares of Common Stock, the Series C Conversion Price in effect immediately before the combination shall be proportionately increased so that the number of shares of Common Stock issuable on conversion of each share of such series shall be decreased in proportionprior to such decrease in the aggregate number of shares of Common Stock outstanding. Any adjustment under this subsection shall become effective at the close of business on the date the subdivision or combination becomes effective.event.
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