Common use of Certificates as to Adjustments Clause in Contracts

Certificates as to Adjustments. Upon occurrence of each adjustment or readjustment of the Base Conversion Price or number of shares of Common Stock issuable upon conversion of this Note pursuant to this Section 4.4, the Maker at its expense shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to the Holder a certificate setting forth such adjustment and readjustment, showing in detail the facts upon which such adjustment or readjustment is based. The Maker shall, upon written request of the Holder, at any time, furnish or cause to be furnished to the Holder a like certificate setting forth such adjustments and readjustments, the applicable Base Conversion Price in effect at the time, and the number of shares of Common Stock and the amount, if any, of other securities or property which at the time would be received upon the conversion of this Note.

Appears in 8 contracts

Samples: Note Agreement (Marizyme, Inc.), Note Agreement (Marizyme, Inc.), Note Agreement (Northann Corp.)

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Certificates as to Adjustments. Upon the occurrence of each adjustment or readjustment of the Base Conversion Price or number of shares of Common Stock issuable upon conversion of this Note pursuant to this Section 4.4section, the Maker at its expense shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to the Holder a certificate setting forth such adjustment or readjustment in accordance with the terms hereof and readjustment, showing in detail the facts upon which such adjustment or readjustment is based. The Maker shall, upon the written request at any time of the Holder, at any time, furnish or cause to be furnished to the Holder a like certificate setting forth (A) such adjustments and readjustments, (B) the applicable Base Conversion Price in effect at the timetime in effect, and (C) the number of shares of Common Stock and the amount, if any, of other securities or property which at the time would be received upon the conversion of this Note.

Appears in 6 contracts

Samples: Secured Convertible Promissory Note (Sands Brothers Venture Capital Ii LLLC), Secured Convertible Promissory Note (Sands Brothers Venture Capital Ii LLLC), Secured Convertible Promissory Note (RS Properties I LLC)

Certificates as to Adjustments. Upon occurrence of each adjustment or readjustment of the Base Conversion Price or number of shares of Common Stock issuable upon conversion of this Note pursuant to this Section 4.44.5, the Maker Maker, at its expense expense, shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to the Holder a certificate setting forth such adjustment and readjustment, showing in detail the facts upon which such adjustment or readjustment is based. The Maker shall, upon written request of the Holder, at any time, furnish or cause to be furnished to the Holder a like certificate setting forth such adjustments and readjustments, the applicable Base Conversion Price in effect at the time, and the number of shares of Common Stock and the amount, if any, of other securities or property which at the time would be received upon the conversion of this Note.

Appears in 1 contract

Samples: Senior Convertible Promissory Note (CorMedix Inc.)

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Certificates as to Adjustments. Upon occurrence of each adjustment or readjustment of the Base Conversion Price or number of shares of Common Stock issuable upon conversion of this Note the shares of Class A Common Stock pursuant to this Section 4.44, the Maker Company, at its expense expense, shall promptly compute such adjustment or readjustment in accordance with the terms hereof and furnish to the Holder each holder a certificate setting forth such adjustment and readjustment, showing in detail the facts upon which such adjustment or readjustment is based. The Maker Company shall, upon written request of the Holdera holder, at any time, furnish or cause to be furnished to the Holder such holder a like certificate setting forth such adjustments and readjustments, the applicable Base Conversion Price in effect at the time, and the number of shares of Common Stock and the amount, if any, of other securities or property which at the time would be received upon the conversion of this Notethe shares of Class A Common Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Global Crossing Airlines Group Inc.)

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