Common use of Dilutive Issuances Clause in Contracts

Dilutive Issuances. If the Company shall sell or issue Shares at any time after the date of this Agreement and prior to expiration of any Warrant, other than "Excluded Securities" (as defined below), at a consideration per Share less than the Exercise Price then in effect, the Exercise Price shall be adjusted to a new Exercise Price determined by dividing

Appears in 2 contracts

Samples: Warrant Agreement (Kti Inc), Warrant Agreement (Kti Inc)

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Dilutive Issuances. If In the event that the Company shall sell or issue Shares at any time after the date of this Agreement Warrant and prior to expiration of any Warrantits termination, Shares (other than "Excluded Securities" (Shares, as defined below), in Section 9.2.5) at a consideration per Share less than the Exercise Price then in effect, then the Exercise Price shall be adjusted to a new Exercise Price (calculated to the nearest cent) determined by dividing

Appears in 2 contracts

Samples: Warrant Agreement (Siga Pharmaceuticals Inc), Warrant Agreement (Digital Lava Inc)

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Dilutive Issuances. If In the event that the Company shall sell or issue Shares at any time after the date of this Agreement Warrant and prior to expiration of any Warrantits termination, Shares (other than "Excluded Securities" (Shares, as defined below), in Section 9.2.5) at a consideration per Share less than the Exercise Price $.97, then in effect, the Exercise Price shall be adjusted to a new Exercise Price (calculated to the nearest cent) determined by dividing

Appears in 1 contract

Samples: Warrant Agreement (Digital Lava Inc)

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