Common use of Effect of Adjustment of the Conversion Prices Clause in Contracts

Effect of Adjustment of the Conversion Prices. In the event that either the OII Common Stock Conversion Price or the OII Preferred Stock Conversion Price is adjusted pursuant to Section 3.5(d)(iii) or Section 3.5(d)(iv), respectively, the number of shares of OII Common Stock or OII Preferred Stock that OptiMark shall be required to cause OptiMark, Inc. deliver to Softbank on the Maturity Date pursuant to Section 3.5(a) shall be adjusted as follows:

Appears in 3 contracts

Samples: Loan Agreement (Optimark Holdings Inc), Loan Agreement (Optimark Holdings Inc), Loan Agreement (Optimark Holdings Inc)

AutoNDA by SimpleDocs

Effect of Adjustment of the Conversion Prices. In the event that either the OII Common Stock Conversion Price or the OII Preferred Stock Conversion Price is adjusted pursuant to Section 3.5(d)(iii) or Section 3.5(d)(iv), respectively, the number of shares of OII Common Stock by which OptiMark's right to reacquire shall decrease pursuant to Section 3.5(a)(ii) OII Common Stock or OII Preferred Stock that OptiMark shall be required to cause OptiMark, Inc. deliver to Softbank on the Maturity Date pursuant to Section 3.5(a) 3.5(a)(i), as applicable, shall be adjusted as follows:

Appears in 1 contract

Samples: Loan Agreement (Optimark Holdings Inc)

AutoNDA by SimpleDocs

Effect of Adjustment of the Conversion Prices. In the event that either the OII Common Stock Conversion Price or the OII Preferred Stock Conversion Price is adjusted pursuant to Section 3.5(d)(iii) or Section 3.5(d)(iv), respectively, the number of shares of OII Common Stock or OII Preferred Stock that OptiMark shall be required to cause OptiMark, Inc. deliver to Softbank on the Maturity Date pursuant to Section 3.5(a3.5(a)(i) shall be adjusted as follows:

Appears in 1 contract

Samples: Loan Agreement (Optimark Holdings Inc)

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