Common use of Dilution in Case of Other Stock or Securities Clause in Contracts

Dilution in Case of Other Stock or Securities. In case any shares of stock or other securities, other than Common Stock of the Company, shall at any time be receivable upon the exercise of this Warrant, and in case any additional shares of such stock or any additional such securities (or any stock or other securities convertible into or exchangeable for any such stock or securities) shall be issued or sold for a consideration per share such as to dilute the purchase rights evidenced by this Warrant, then and in each such case the Pro Forma Adjusted Trigger Price per share shall forthwith be adjusted, substantially in the manner provided for above in this Paragraph 3, so as to protect the Holder of this Warrant against the effect of such dilution.

Appears in 6 contracts

Samples: Unit Purchase Agreement (Logimetrics Inc), Purchase Agreement (Logimetrics Inc), Logimetrics Inc

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Dilution in Case of Other Stock or Securities. In case any shares of stock or other securities, other than Common Stock of the Company, shall at any the time be receivable by Holder upon the exercise of this Warrant, and in case any additional shares of such stock securities or any additional such securities (or any stock or other securities convertible into or exchangeable for any such stock or securities) securities shall be issued or sold for a consideration per share such as to dilute the purchase rights evidenced by this Warrant, then and in each such case the Pro Forma Adjusted Trigger Warrant Price per share and the number of shares purchasable hereunder shall forthwith be adjusted, adjusted substantially in the manner provided for above in this Paragraph Section 3, so as to protect the Holder of this Warrant against the effect of such dilution.

Appears in 3 contracts

Samples: Wasatch Education Systems Corp /Ut/, Wasatch Education Systems Corp /Ut/, Wasatch Education Systems Corp /Ut/

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Dilution in Case of Other Stock or Securities. In case any shares of stock or other securities, other than Common Stock of the Company, shall at any time be receivable upon the exercise of this WarrantOption, and in case any additional shares of such stock or any additional such securities (or any stock or other securities convertible into or exchangeable for any such stock or securities) shall be issued or sold for a consideration per share such as to dilute the purchase rights evidenced by this WarrantOption, then and in each such case the Pro Forma Adjusted Trigger Price per share shall forthwith be adjusted, substantially in the manner provided for above in this Paragraph 34, so as to protect the Holder of this Warrant against the effect of such dilution.

Appears in 2 contracts

Samples: Stock Option Agreement (Logimetrics Inc), Logimetrics Inc

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