Stock Dividends and Stock Splits. If the [[Organization A:Organization]], at any time while this Note is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock or any Common Stock Equivalents, # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the [[Organization A:Organization]], then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the [[Organization A:Organization]]) outstanding immediately before such event, and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 5(a) shall become effective immediately after the record date for the determination of shareholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.
Stock Dividends and Stock Splits. If the [[Organizationorganization]],organization" data-ad-field-json='{"name":"Organization A","type":"organization]],organization","canGuess":{"name":false,"type":false}}'>, at any time while this Note is outstanding: # pays a stock dividend on its Common Stock or otherwise makes a distribution or distributionson any class of capital stock that is payable in shares of Common Stock on shares of Common Stock or any Common Stock Equivalents,Stock, # subdivides outstanding shares of Common Stock into a larger number of shares, or # combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues,shares, then in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the [[Organization A:Organization]], theneach such case the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the [[Organization A:Organization]]) outstanding immediately before such event,event and of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to [clause (i)] of this Section 5(a)paragraph shall become effective immediately after the record date for the determination of shareholders entitled to receive such dividend or distributiondistribution, and any adjustment pursuant to [clause (ii) or (iii)])] of this paragraph shall become effective immediately after the effective date in the case of a subdivision, combinationsuch subdivision or re-classification.combination.
Stock Dividends and Stock Splits. If the [[Organization A:Organization]],Company, at any time while this Note is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on outstanding shares of Common Stock or any Common Stock Equivalents,Stock, # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of sharesshares, or # issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the [[Organization A:Organization]],Company, then the Conversion Price shall be multiplied by a fractionfraction, the numerator of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the [[Organization A:Organization]])Company) outstanding immediately before such event, and the denominator of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 5(a) shall become effective immediately after the record date for the determination of shareholdersstockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combinationcombination, or re-classification.reclassification.
Stock Dividends and Stock Splits. If the [[Organization A:Organization]],Borrower, at any time while this Note is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on outstanding shares of Common Stock or any Common Stock Equivalents,Stock, # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of sharesshares, or # issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the [[Organization A:Organization]],Borrower, then the Conversion Price shall be multiplied by a fractionfraction, the numerator of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the [[Organization A:Organization]])Borrower) outstanding immediately before such event, and the denominator of which the denominator shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 5(a) shall become effective immediately after the record date for the determination of shareholdersstockholders entitled to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combinationcombination, or re-classification.
Stock DividendsSplits, Combinations and Stock Splits.Dividends. If the [[Organization A:Organization]], at any time while this Noteshares of Common Stock are subdivided or combined into a greater or smaller number of shares of Common Stock, or if a dividend is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions payablepaid on the Common Stock in shares of Common Stock on shares of Common Stock or any Common Stock Equivalents, # subdivides outstanding shares of Common Stock into a larger number of shares, # combines (including by way of a reverse stock split) outstanding shares of Common Stock into a smaller number of shares or # issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the [[Organization A:Organization]], then the Conversion Price shall be multipliedproportionately reduced in case of subdivision of shares or stock dividend or proportionately increased in the case of combination of shares, in each such case by a fraction ofthe ratio which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the [[Organization A:Organization]]) outstanding immediately before such event, and of which the denominator shall be thetotal number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuantevent bears to this Section 5(a) shall become effectivethe total number of shares of Common Stock outstanding immediately after the record date for the determination of shareholders entitledprior to receive such dividend or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.event.
Stock Dividends and Stock Splits. IfSection # Anti-Dilution. In the event that [[Organization A:Organization]], shall at any time while this Note is outstanding: # pays a stock dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock or any Common Stock Equivalents, # subdividessubdivide the outstanding shares of Common Stock intoStock, or shall issue a larger numberstock dividend on the outstanding Common Stock, the Conversion Price in effect immediately prior to such subdivision or the issuance of shares, # combines (including by way of a reverse stock split)such dividend shall be proportionally decreased and, in the event that [[Organization A:Organization]] shall at any time combine the outstanding shares of Common Stock into a smaller number of shares or # issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock of the [[Organization A:Organization]], then the Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares of Common Stock (excluding any treasury shares of the [[Organization A:Organization]]) outstandingin effect immediately before such event, and of which the denominatorcombination shall be proportionally increased, effective at the numberclose of sharesbusiness on the date of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section 5(a) shall become effective immediately after the record date for the determination of shareholders entitled to receive suchsubdivision, dividend or distribution and shall become effective immediately after the effective date incombination as the case of a subdivision, combination or re-classification.might be.
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