Common use of Adjustment Upon Dilutive Issuance Clause in Contracts

Adjustment Upon Dilutive Issuance. If, at any time after the Issue Date, the Company issues or sells, or in accordance with Section 6(e)(ii) is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Exercise Price on the date of such issuance or sale (or deemed issuance or sale) (a “Dilutive Issuance”), then the Exercise Price shall be adjusted as follows:

Appears in 22 contracts

Samples: Securities Purchase Agreement (Earth Biofuels Inc), Securities Purchase Agreement (Earth Biofuels Inc), Securities Purchase Agreement (Earth Biofuels Inc)

AutoNDA by SimpleDocs

Adjustment Upon Dilutive Issuance. If, at any time after the Issue Date, the Company issues or sells, or in accordance with Section 6(e)(iisubparagraph (iii) of this paragraph (c), is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Exercise Price on the date of such issuance or sale (or deemed issuance or sale) (a “Dilutive Issuance”), then the Exercise Price shall be adjusted as follows:

Appears in 5 contracts

Samples: Microvision Inc, Applied Digital Solutions Inc, Microvision Inc

Adjustment Upon Dilutive Issuance. If, at any time after --------------------------------- the Issue Date, the Company issues or sells, either directly or in accordance with Section 6(e)(ii) is deemed to have issued upon the exercise of Convertible Securities or soldPurchase Rights, any shares of Common Stock for no consideration or for a consideration per share less than the Exercise Price on the date of such issuance or sale (or deemed issuance or sale) (a "Dilutive Issuance"), ----------------- then the Exercise Price shall be adjusted as follows:

Appears in 1 contract

Samples: Securities Purchase Agreement (Applied Digital Solutions Inc)

Adjustment Upon Dilutive Issuance. If, at any time after the ---------------------------------- Issue Date, the Company issues or sells, or in accordance with subparagraph (ii) of this Section 6(e)(ii) 6(c), is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Exercise Price on the date of such issuance or sale (or deemed issuance or sale) (a "Dilutive Issuance"), then the Exercise Price shall be adjusted as follows:: ------------------

Appears in 1 contract

Samples: Citadel Security Software Inc

Adjustment Upon Dilutive Issuance. If, at any time after the Issue Date, the Company issues or sells, or in accordance with Section 6(e)(iisubparagraph (iii) of this paragraph 6(c), is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Exercise Price on the date of such issuance or sale (or deemed issuance or sale) (a "Dilutive Issuance"), then the Exercise Price shall be adjusted as follows:

Appears in 1 contract

Samples: Vyteris Holdings (Nevada), Inc.

AutoNDA by SimpleDocs

Adjustment Upon Dilutive Issuance. If, at any time after the Issue Date, the Company issues or sells, or in accordance with Section 6(e)(ii6(c)(ii) of this Warrant, is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Exercise Price on the date of such issuance or sale (or deemed issuance or sale) (a “Dilutive Issuance”), then the Exercise Price shall be adjusted as follows:

Appears in 1 contract

Samples: Securities Purchase Agreement (Lipid Sciences Inc/)

Adjustment Upon Dilutive Issuance. If, at any time after the Issue Date, the Company issues or sells, or in accordance with Section 6(e)(ii4(c)(ii) of this Warrant, is deemed to have issued or sold, any shares of Common Stock for no consideration or for a consideration per share less than the Exercise Price on the date of such issuance or sale (or deemed issuance or sale) (a “Dilutive Issuance”), then the Exercise Price shall be adjusted as follows:

Appears in 1 contract

Samples: Securities Purchase Agreement (Lipid Sciences Inc/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!