Common use of Deemed Issuance of Additional Common Shares Clause in Contracts

Deemed Issuance of Additional Common Shares. The shares of Common Stock ultimately Issuable upon exercise of an Option (including the shares of Common Stock ultimately Issuable upon conversion or exercise of a Convertible Security Issuable pursuant to an Option) are deemed to be Issued when the Option is Issued. The shares of Common Stock ultimately Issuable upon conversion or exercise of a Convertible Security (other than a Convertible Security Issued pursuant to an Option) shall be deemed Issued upon Issuance of the Convertible Security. The maximum amount of Common Stock Issuable is determined without regard to any future adjustments permitted under the instrument creating the Options or Convertible Securities.

Appears in 3 contracts

Samples: Debenture and Warrant Purchase Agreement (Iteris Holdings Inc), Warrant to Purchase Common Stock (Odetics Inc), Warrant Agreement (Iteris Holdings Inc)

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Deemed Issuance of Additional Common Shares. The shares of Common Stock common stock ultimately Issuable issuable upon exercise of an Option (including the shares of Common Stock common stock ultimately Issuable issuable upon conversion or exercise of a Convertible Security Issuable issuable pursuant to an Option) are deemed to be Issued issued when the Option is Issuedissued. The shares of Common Stock common stock ultimately Issuable issuable upon conversion or exercise of a Convertible Security (other than then a Convertible Security Issued issued pursuant to an Option) shall be deemed Issued issued upon Issuance issuance of the Convertible Security. The maximum amount of Common Stock Issuable common stock issuable is determined without regard to any future adjustments permitted under the instrument creating the Options or Convertible Securities.

Appears in 1 contract

Samples: Warrant Agreement (Omniture, Inc.)

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Deemed Issuance of Additional Common Shares. The shares of Common Stock common stock ultimately Issuable upon exercise of an Option (including the shares of Common Stock common stock ultimately Issuable upon conversion or exercise of a Convertible Security Issuable pursuant to an Option) are deemed to be Issued when the Option is Issued. The shares of Common Stock common stock ultimately Issuable upon conversion or exercise of a Convertible Security (other than a Convertible Security Issued pursuant to an Option) shall be deemed Issued upon Issuance of the Convertible Security. The maximum amount of Common Stock common stock Issuable is determined without regard to any future adjustments permitted under the instrument creating the Options or Convertible Securities.. Greyrock Capital Antidilution Agreement --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Antidilution Agreement (P Com Inc)

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