Common use of Acknowledgement of Dilution Clause in Contracts

Acknowledgement of Dilution. The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Conversion Shares and Warrant Shares upon conversion of the Preferred Stock or exercise of the Warrants. The Company further acknowledges that its obligation to issue Conversion Shares and Warrant Shares upon conversion of the Preferred Stock or exercise of the Warrants in accordance with this Agreement, the Certificate of Designation and the Warrants is absolute and unconditional 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 (International Isotopes Inc), Securities Purchase Agreement (International Isotopes Inc)

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Acknowledgement of Dilution. The Company understands and --------------------------- acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Conversion Debenture Shares and Warrant Shares upon conversion of the Preferred Stock Debenture or exercise of the Warrants. The Company further acknowledges that its obligation to issue Conversion Debenture Shares and Warrant Shares upon conversion of the Preferred Stock Debentures or exercise of the Warrants in accordance with this Agreement, the Certificate of Designation Debentures and the Warrants is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Agribiotech Inc)

Acknowledgement of Dilution. The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Conversion Debenture Shares and Warrant Shares upon conversion of the Preferred Stock Debenture or exercise of the WarrantsWarrants (which dilution may be substantial under certain market conditions). The Company further acknowledges that its obligation to issue Conversion Debenture Shares and Warrant Shares upon conversion of the Preferred Stock Debentures or exercise of the Warrants in accordance with this Agreement, the Certificate of Designation Debentures and the Warrants is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Signal Apparel Company Inc)

Acknowledgement of Dilution. The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Conversion Shares and Warrant Shares upon conversion of the Preferred Stock Debenture or exercise of the Warrants. The Company further acknowledges that its obligation to issue Conversion Shares and Warrant Shares upon conversion of the Preferred Stock Debentures or exercise of the Warrants in accordance with this Agreement, the Certificate of Designation Debentures and the Warrants is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Roanoke Technology Corp)

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Acknowledgement of Dilution. The Company understands and acknowledges the potentially dilutive effect to the Common Stock upon of the issuance of the Conversion Shares and Warrant Underlying Shares upon conversion of the Preferred Stock or exercise of the WarrantsStock. The Company further acknowledges that its obligation to issue Conversion Shares and Warrant the Underlying Shares upon conversion of the Preferred Stock or exercise of the Warrants in accordance with this Agreement, Agreement and the Certificate Certificates of Designation and the Warrants is absolute and unconditional unconditional, regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company's other stockholders.

Appears in 1 contract

Samples: Exchange Agreement (Healthaxis Inc)

Acknowledgement of Dilution. The Company understands and --------------------------- acknowledges the potentially dilutive effect to the Common Stock upon the issuance of the Conversion Shares and Warrant Shares upon conversion of the Preferred Stock Securities or exercise of the Warrants. The Company further acknowledges that its obligation to issue Conversion Shares and Warrant Shares upon conversion of the Preferred Stock Securities or exercise of the Warrants in accordance with this Agreement, the Certificate of Designation and the Warrants is absolute and unconditional regardless of the dilutive effect that such issuance may have on the ownership interests of other stockholders of the Company.

Appears in 1 contract

Samples: Securities Purchase Agreement (Satcon Technology Corp)

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