Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, at any time, from time to time, issue or sell any additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“Additional Shares of Common Stock”), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 8 contracts
Samples: Senior Convertible Promissory Note (Urigen Pharmaceuticals, Inc.), Senior Convertible Promissory Note (Urigen Pharmaceuticals, Inc.), Senior Secured Convertible Promissory Note (Cordex Pharma, Inc.)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, at any time, from time to time, issue or sell any additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.6(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“Additional Shares of Common Stock”), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 6 contracts
Samples: Senior Secured Convertible Promissory Note (Quest Oil Corp), Secured Convertible Promissory Note (Ambient Corp /Ny), Secured Convertible Promissory Note (Ambient Corp /Ny)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, at any time, from time to time, issue or sell any shares of additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“Additional Shares of Common Stock”), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced adjusted to a the price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 3 contracts
Samples: Promissory Note (Wt Holdings Corp), Promissory Note (Wt Holdings Corp), Promissory Note (Wt Holdings Corp)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, Maker shall at any time, from time to time, following the Issuance Date issue or sell any additional shares share of common stock Common Stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.05(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (an “Additional Shares Share of Common Stock”), ) at a price per share less than the Conversion Price then in effect effect, or without considerationconsideration (in which case such Additional Shares of Common Stock shall be deemed to have been issued at a price per share of $.001), then the Conversion Price then in effect upon each such issuance shall be reduced decreased to a the price equal to the consideration per share paid for such Additional Shares Share of Common Stock.
Appears in 3 contracts
Samples: Convertible Promissory Note (Duke Mining Company, Inc.), Convertible Promissory Note (Kaching Kaching, Inc.), Convertible Promissory Note (Kaching Kaching, Inc.)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, at any time, from time to time, issue or sell any additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.6(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“"Additional Shares of Common Stock”"), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Remote Dynamics Inc), Note and Warrant Purchase Agreement (Remote Dynamics Inc)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the MakerCompany, shall, at any time, from time to time, issue or sell any shares of additional shares of common stock Common Stock (otherwise than as provided in the foregoing subsections sections (ia) through (vc) of this Section 3.5(a) 5 or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“"Additional Shares of Common Stock”"), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
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Adjustments for Issuance of Additional Shares of Common Stock. In the event the MakerBorrower, shall, at any time, from time to timeduring the period in which this Note is outstanding, issue or sell any additional shares of common stock Common Stock (otherwise than as provided in the foregoing subsections (i1.5(a) through (v) of this Section 3.5(ad) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Datedate hereof) (“Additional Shares of Common Stock”), other than Excluded Stock (as defined below), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
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Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, at any time, from time to time, issue or sell any additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.6(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“"Additional Shares of Common Stock”"), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.. SERIES A SENIOR CONVERTIBLE PROMISSORY NOTE PAGE 11 OF 23
Appears in 1 contract
Samples: Senior Convertible Promissory Note (In Touch Media Group, Inc.)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, at any time, from time to timefollowing the Issuance Date, issue or sell any additional shares of common stock Common Stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.6(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“"Additional Shares of Common Stock”"), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
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Adjustments for Issuance of Additional Shares of Common Stock. In the event the Maker, shall, at any time, from time to time, issue or sell any additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.6(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“Additional Shares of Common "ADDITIONAL SHARES OF COMMON Stock”"), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 1 contract
Samples: Senior Secured Convertible Promissory Note (SEAMLESS Corp)
Adjustments for Issuance of Additional Shares of Common Stock. (1) In the event the Maker, shall, at any time, from time to time, issue or sell any shares of additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.6(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“"Additional Shares of Common Stock”"), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced adjusted to a that price equal (rounded to the consideration per share paid for such Additional Shares nearest cent) determined by multiplying each of Common Stock.the Conversion Price then in effect by a fraction:
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Financialcontent Inc)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the MakerCyber, shall, at any time, from time to time, issue or sell any additional shares of common stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a3.4(a) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“Additional Shares of Common Stock”), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 1 contract
Samples: Secured Convertible Promissory Note (Cyber Defense Systems Inc)
Adjustments for Issuance of Additional Shares of Common Stock. In the event that the Maker, Maker shall, at any time, or from time to time, issue or sell any additional shares of common stock (otherwise than as provided in the foregoing subsections (i) 3.5.1.1 through (v) 3.5.1.5 of this Section 3.5(a) 3.5.1, or Permitted Issuances, or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“Additional Shares of Common Stock”), at a price per share less than the Conversion Price then in effect or without consideration, then the Conversion Price upon each such issuance or sale shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 1 contract
Samples: Senior Secured Convertible Promissory Note (VistaGen Therapeutics, Inc.)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the MakerCompany, shall, at any time, from time to time, issue or sell any additional shares of common stock Common Stock (otherwise than as provided in the foregoing subsections (i3(a) through (v) of this Section 3.5(ad) or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Initial Exercise Date) (“Additional Shares of Common Stock”), other than Excluded Stock (as defined below), at a price per share less than the Conversion Price then in effect $0.35 or without consideration, then the Conversion Exercise Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
Appears in 1 contract
Samples: Common Stock Purchase Warrant (Fluoropharma Medical, Inc.)
Adjustments for Issuance of Additional Shares of Common Stock. In the event the MakerCompany, shall, at any time, from time to time, issue or sell any shares of additional shares of common stock Common Stock (otherwise than as provided in the foregoing subsections (i) through (v) of this Section 3.5(a) 2 or pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the Issuance Date) (“"Additional Shares of Common Stock”"), at a price per share less than the Conversion Purchase Price then in effect or without consideration, then the Conversion Purchase Price upon each such issuance shall be reduced to a price equal to the consideration per share paid for such Additional Shares of Common Stock.
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