Common use of Adjustment to Exercise Price Clause in Contracts

Adjustment to Exercise Price. In the event that the Company issues or sells any equity securities (including warrants and securities convertible into equity securities) (“Additional Stock”), without consideration or for a consideration per share less than the Exercise Price, then the Exercise price shall forthwith be adjusted to the price at which the Company has issued or sold such Additional Stock.

Appears in 28 contracts

Samples: Warrant Agreement (Lightning Gaming, Inc.), Warrant Agreement (Lightning Gaming, Inc.), Warrant Agreement (Lightning Gaming, Inc.)

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Adjustment to Exercise Price. In the event that the Company issues or sells any equity securities (including warrants and securities convertible into equity securities) ("Additional Stock"), without consideration or for a consideration per share less than the Exercise Price, then the Exercise price shall forthwith be adjusted to the price at which the Company has issued or sold such Additional Stock.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Lightning Gaming, Inc.), Warrant Agreement (Lightning Gaming, Inc.)

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