Certain Adjustment Rules. If an adjustment in the Conversion Price made hereunder would reduce the Conversion Price to an amount below par value of the Common Stock, then such adjustment in Conversion Price made hereunder shall reduce the Conversion Price to the par value of the Common Stock. As a condition precedent to the taking of any action which would require an adjustment pursuant to this Section 9, the Corporation shall use its reasonable best efforts to take any and all actions which may be necessary, including obtaining regulatory, NASDAQ (or such exchange or automated quotation system on which the Common Stock is then listed) or stockholder approvals or exemptions, in order that the Corporation may thereafter validly and legally issue as fully paid and nonassessable all shares of Common Stock issuable upon conversion of the Preferred Stock in compliance with the applicable listing standards of NASDAQ (or such exchange or automated quotation system on which the Common Stock is then listed).
Certain Adjustment Rules. (i) The provisions of this Section 10 shall similarly apply to successive transactions.
Certain Adjustment Rules. (i) The provisions of this Section 7 shall similarly apply to successive transactions.
Certain Adjustment Rules. (i) The provisions of this Section 3.3 shall similarly apply to successive transactions.
Certain Adjustment Rules. (i) The provisions of this Section 11 shall similarly apply to successive transactions.
