Common use of Adjustment to Conversion Rate Clause in Contracts

Adjustment to Conversion Rate. Whenever the Conversion Rate is adjusted pursuant to any provision of this Section 6, the Company shall promptly deliver to each Holder a notice setting forth the Conversion Rate after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

Appears in 3 contracts

Samples: Merger Agreement (Great Plains Holdings, Inc.), Subscription Agreement (Star Mountain Resources, Inc.), Stock Purchase Agreement (Great Plains Holdings, Inc.)

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Adjustment to Conversion Rate. Whenever the Conversion Rate is adjusted pursuant to any provision of this Section 67, the Company shall promptly deliver to each Holder a notice setting forth the Conversion Rate after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

Appears in 2 contracts

Samples: Exchange Agreement (Flynn James E), Exchange Agreement (Flynn James E)

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Adjustment to Conversion Rate. Whenever the Conversion Rate is adjusted pursuant to any provision of this Section 65, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Rate after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

Appears in 1 contract

Samples: Senior Unsecured Convertible Note Purchase Agreement (Vitesse Semiconductor Corp)

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