Common use of Grant, Issue or Sale of Options, Convertible Securities, or Rights Clause in Contracts

Grant, Issue or Sale of Options, Convertible Securities, or Rights. If at any time or from time to time on or after the date of issuance hereof, the Company shall grant, issue or sell any Options, Convertible Securities or rights to purchase property (the "Purchase Rights") pro rata to the record holders of any class of Common Stock and such grants, issuances or sales do not result in an adjustment of the Purchase Price under Paragraph 3.1 hereof, then the Holder shall be entitled to acquire (within thirty (30) days after the receipt by such holder of the notice concerning Purchase Rights to which such holder shall be entitled under Paragraph 3.6) and upon the terms applicable to such Purchase Rights either:

Appears in 2 contracts

Samples: Coolsavings Com Inc, Coolsavings Com Inc

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Grant, Issue or Sale of Options, Convertible Securities, or Rights. If at any time or from time to time on or after the date of issuance hereof, the Company shall grant, issue or sell any Options, Convertible Securities or rights to purchase shares of stock of the Company of any class or series or other property (the "β€œPurchase Rights"”) pro rata to the record holders of any class of Common Stock or any class or series of Options or Convertible Securities, and such grants, issuances or sales do not result in an adjustment of the Purchase Price number of Warrant Shares under Paragraph Section 3.1 hereof, then the Holder shall be entitled to acquire (within thirty (30) days after the later to occur of the initial exercise date of such Purchase Rights or receipt by such holder the Holder of the notice concerning Purchase Rights to which such holder the Holder shall be entitled under Paragraph Section 3.6) and upon the terms applicable to such Purchase Rights either:

Appears in 2 contracts

Samples: GenuTec Business Solutions, Inc., GenuTec Business Solutions, Inc.

Grant, Issue or Sale of Options, Convertible Securities, or Rights. If at any time or from time to time on or after the date of issuance hereof, the Company shall grant, issue or sell any Options, Convertible Securities or rights to purchase property (the "Purchase Rights") pro rata to the record holders of any class of Common Stock of the Company and such grants, issuances or sales do not result in an adjustment of the Purchase Price under Paragraph 3.1 Section 3.3 hereof, then the Holder holder of this Warrant shall be entitled to acquire (within thirty (30) days after the later to occur of the initial exercise date of such Purchase Rights or receipt by such holder of the notice concerning Purchase Rights as to which such holder shall may be entitled under Paragraph 3.63.7) and upon the terms applicable to such Purchase Rights either:

Appears in 2 contracts

Samples: Securities Purchase Agreement (Futurelink Corp), Agreement and Plan of Merger (Verso Technologies Inc)

Grant, Issue or Sale of Options, Convertible Securities, or Rights. If at any time or from time to time on or after the date of issuance hereof, the Company shall grant, issue or sell any Options, Convertible Securities or rights to purchase property (the "Purchase Rights") pro rata to the record holders of any class of Warrant Stock or, if the Warrant Stock is convertible into Common Stock, Common Stock and such grants, issuances or sales do not result in an adjustment of the Purchase Price under Paragraph 3.1 hereofCompany, then the Holder holder of this Warrant shall be entitled to acquire (within thirty (30) days after the later to occur of the initial exercise date of such Purchase Rights or receipt by such holder of the notice concerning Purchase Rights to which such holder shall be entitled under Paragraph 3.63.5) and upon the terms applicable to such Purchase Rights either:.

Appears in 1 contract

Samples: Nextron Communications Inc

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Grant, Issue or Sale of Options, Convertible Securities, or Rights. If at any time or from time to time on or after the date of issuance hereof, the Company shall grant, issue or sell any Optionsoptions, Convertible Securities or rights to purchase property (the "Purchase Rights") pro rata to the record holders of any class of Common Stock and such grants, issuances or sales do not result in an adjustment of the Purchase Price under Paragraph 3.1 hereofUnits hereunder, then the Holder shall be entitled to acquire (within thirty (30) days after the receipt by such holder of the notice concerning Purchase Rights to which such holder shall be entitled under Paragraph 3.6Section 11) and upon the terms applicable to such Purchase Rights either:

Appears in 1 contract

Samples: Precision Auto Care Inc

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