Common use of Changes in Options and Convertible Securities Clause in Contracts

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in Section 5.01(f) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in Section 5.01(f) above, or the rate at which any Convertible Securities referred to in Section 5.01(f) above are convertible into or exchangeable for Common Stock shall change at any time to a price which is less than the Current Market Value thereof as of the Issuance Date, then the adjustment provisions of Section 5.01(f) above would be applicable.

Appears in 6 contracts

Samples: Warrant Agreement (Syntroleum Corp), Warrant Agreement (Transmeridian Exploration Inc), Warrant Agreement (Syntroleum Corp)

AutoNDA by SimpleDocs

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in Section 5.01(f5.01(d) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in Section 5.01(f5.01(d) above, or the rate at which any Convertible Securities referred to in Section 5.01(f5.01(d) above are convertible into or exchangeable for Common Stock shall change at any time to a price which is less than the Current Market Value thereof as of the Issuance Date, then the adjustment provisions Company shall make the offer to holders of the Warrants as required by Section 5.01(f5.01(d) above would be applicableabove.

Appears in 4 contracts

Samples: Warrant Agreement (Packaged Ice Inc), Warrant Agreement (Packaged Ice Inc), Warrant Agreement (Forman Petroleum Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.