Common use of Capital Change Clause in Contracts

Capital Change. Until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the shares of Preferred Stock.

Appears in 12 contracts

Samples: Securities Purchase Agreement (Crestview Capital Master LLC), Securities Purchase Agreement (Nutrition 21 Inc), Securities Purchase Agreement (Chembio Diagnostics, Inc.)

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Capital Change. Until the one one-year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the shares of Preferred Stock.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Amarillo Biosciences Inc), Securities Purchase Agreement (Willowtree Advisor, Inc.), Securities Purchase Agreement (Amarillo Biosciences Inc)

Capital Change. Until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest principal amount outstanding of the shares of Preferred StockDebentures.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Telanetix,Inc), Securities Purchase Agreement (Telanetix,Inc)

Capital Change. Until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers Investors holding a majority in interest of the then outstanding shares of Preferred Stock.

Appears in 1 contract

Samples: Purchase Agreement (Caprius Inc)

Capital Change. Until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority at least 90% or more in interest principal amount outstanding of the shares of Preferred StockDebentures.

Appears in 1 contract

Samples: Securities Exchange Agreement (Telanetix,Inc)

Capital Change. Until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock Stock, other than the Reverse Split, without the prior written consent of the Purchasers holding a majority in interest of the shares of Preferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ortec International Inc)

Capital Change. Until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the shares of Preferred StockDebentures.

Appears in 1 contract

Samples: Securities Purchase Agreement (BioMETRX)

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Capital Change. Until Other than as contemplated by the Reverse Acquisition, until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the shares of Preferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Pace Health Management Systems Inc)

Capital Change. Until the one year anniversary of the Effective Datedate hereof, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority at least 90% or more in interest principal amount outstanding of the shares of Preferred StockDebentures.

Appears in 1 contract

Samples: Securities Exchange Agreement (Msgi Security Solutions, Inc)

Capital Change. Until the one year anniversary of the Effective Date, the Company shall not undertake a reverse or forward stock split or reclassification of the Common Stock without the prior written consent of the Purchasers holding a majority in interest of the shares Shares, except in the case of Preferred Stocka reverse split which is required to maintain the listing of the Common Stock on the Nasdaq Stock Market.

Appears in 1 contract

Samples: Securities Purchase Agreement (Mdi, Inc.)

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