Adjustment for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.
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Samples: 12% Subordinated Promissory Note and Warrant Purchase Agreement (E Digital Corp), Convertible Subordinated Term Note (E Digital Corp)
Adjustment for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately automatically increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.
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Samples: Secured Senior Subordinated Convertible Promissory Note (Dr. Tattoff, Inc.), Secured Senior Subordinated Convertible Promissory Note (Dr. Tattoff, Inc.)
Adjustment for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination or reverse-split of the outstanding shares of Common Stock, then, then following the record date of such combination, the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.
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Samples: Loan Agreement (Balanced Living Inc)
Adjustment for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Voluntary Conversion Price and the fixed portion of the Mandatory Conversion Price for this Note Not shall be appropriately automatically increased so that the number of shares of Common Stock Conversion Shares issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.
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Adjustment for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination of the outstanding shares of Common Stock, then, following the record date of such combination, the Conversion Price for this Note shall be appropriately automatically increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.. - 3
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Samples: Secured Senior Subordinated Convertible Promissory Note
Adjustment for Reverse Stock Splits. If the number of shares of Common Stock outstanding at any time after the date hereof is decreased by a combination reverse stock split or combination, other than any such transaction upon a merger or consolidation or sale to which Section 10.6 applies, of the outstanding shares of Common Stock, then, following immediately after the close of business on the record date of such combinationreverse stock split or combination (or the date of effectiveness of such reverse stock split or combination if no record date is fixed), the Conversion Price for this Note shall be appropriately increased so that the number of shares of Common Stock issuable on conversion hereof shall be decreased in proportion to such decrease in outstanding shares.
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