Acknowledgement of Dilution. The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Debenture Shares upon conversion of the Debentures. The Company further acknowledges that its obligation to issue Debenture Shares upon conversion of the Debentures in accordance with this Agreement and the Debentures is absolute and unconditional (but subject to the terms and conditions of the Debentures and this Agreement) regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Alliance Pharmaceutical Corp), Securities Purchase Agreement (Alliance Pharmaceutical Corp)
Acknowledgement of Dilution. The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Debenture Shares upon conversion of the Debentures. The Company further acknowledges that its obligation to issue Debenture Shares upon conversion of the Debentures in accordance with this Agreement and the Debentures is absolute and unconditional (but subject to the terms and conditions of the Debentures and this Agreement) regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Endocare Inc), Securities Purchase Agreement (Endocare Inc)
