Issuance of Additional Shares of Stock. In the event the Company shall at any time following the Issuance Date issue or sell any share of Common Stock (otherwise than as provided in Section 2(a) hereof or pursuant to Common Stock Equivalents granted or issued prior to the Issuance Date) (an “Additional Share of Stock”) at a price per share less than the Exercise Price then in effect, or without consideration (in which case such Additional Shares of Stock shall be deemed to have been issued at a price per share of $0.001 per share), the Exercise Price then in effect upon each such issuance shall be decreased to the price equal to the consideration per share paid for such Additional Share of Stock, and the number of Warrant Shares for which this Warrant is exercisable shall be increased such that the Aggregate Exercise Price payable hereunder, after taking into account the decrease in the Exercise Price, shall be equal to the Aggregate Exercise Price prior to such adjustment.
Issuance of Additional Shares of Stock. In the event the Company shall at any time following the date hereof issue or sell any share of Common Stock (otherwise than as provided in Section 5(g) hereof or pursuant to Common Stock Equivalents granted or issued prior to the date hereof) (an “Additional Share of Stock”) at a price per share less than the Exercise Price then in effect, or without consideration (in which case such Additional Shares of Stock shall be deemed to have been issued at a price per share of $0.001 per share), the Exercise Price then in effect upon each such issuance shall be decreased to the price equal to the consideration per share paid for such Additional Share of Stock.
Issuance of Additional Shares of Stock. (a) If at any time the Issuer shall (except as hereinafter provided) issue or sell any Additional Shares of Common Stock, other than Permitted Issuances, for consideration in an amount per Additional Share of Common Stock less than the Current Market Price, then the Current Warrant Price shall be adjusted by multiplying the Current Warrant Price by a fraction, the numerator of which shall be (A) an amount equal to the sum of (X) the number of shares of Common Stock Outstanding immediately prior to such issuance or sale multiplied by the Current Market Price immediately prior to the first to occur of (i) board action by the Issuer authorizing such action or (ii) the public announcement of an intent to take such action, plus (Y) the consideration, if any, received by the Issuer upon such issuance or sale, and the denominator of which shall be (B) the total number of shares of Common Stock Outstanding immediately after such issuance or sale multiplied by the Current Market Price as determined in clause (A) above.
(b) The provisions of Section 4.3(a) of this Agreement shall not apply to any issuance of Additional Shares of Common Stock for which an adjustment is provided under Sections 4.1 or 4.2 of this Agreement. No adjustment of the number of shares of Common Stock for which a Warrant shall be exercisable shall be made under Section 4.3(a) of this Agreement upon the issuance of any Additional Shares of Common Stock which are issued pursuant to the exercise of any warrants or other subscription or purchase rights or pursuant to the exercise of any conversion or exchange rights in any Convertible Securities (i) if any such adjustment shall previously have been made upon the issuance of such warrants or other rights or upon the issuance of such Convertible Securities (or upon the issuance of any such warrants or other rights) pursuant to Section 4.4 or Section 4.5 of this Agreement, (ii) if no adjustment was required pursuant to such sections upon the issuance of such Convertible Securities, warrants or other rights or (iii) in the event the issuance of such Convertible Securities, warrants or other rights predates or is of the same date as this Agreement, if no adjustment would have been required pursuant to such sections upon such issuance had this Agreement been in effect.
Issuance of Additional Shares of Stock. The Borrower will not vote to enable or otherwise cause any Restricted Subsidiary to issue any shares of stock or other Securities in addition to, or to issue other securities of any nature in exchange or substitution for, the Pledged Collateral (except to qualify directors) unless such stock or other securities may be issued under the relevant provisions hereof, are pledged to the Collateral Agent for the ratable benefit of the Secured Creditors as part of the Pledged Collateral and the Borrower represents to the Collateral Agent and the Secured Creditors that (i) the Borrower has good and marketable title to such stock or other Security, free and clear of any Lien other than the Lien hereof and Liens permitted by clause (i) of Section 8.11 of the Credit Agreement and (ii) such stock or other Security has been duly authorized, validly issued and is fully paid and non-assessable.
Issuance of Additional Shares of Stock. If the Corporation shall (except as hereinafter provided) issue or sell Additional Shares of Stock in exchange for consideration in an amount per Additional Share of Stock less than the Conversion Price in effect immediately prior to such issuance or sale of Additional Shares of Stock, then the Conversion Price as to the Common Stock into which the Series A Preferred Stock is convertible immediately prior to such adjustment shall be adjusted to equal the consideration paid per Additional Share of Stock. The provisions of this Section 5(d)(ii) shall not apply to any issuance of Additional Shares of Common Stock for which an adjustment is provided under Section 5(d)(i) or which are dividends or distributions received by the holders of the Series A Preferred Stock pursuant to Section 2(b) hereof."
Issuance of Additional Shares of Stock. The Company will not vote to enable or otherwise cause any Restricted Subsidiary to issue any shares of stock or other Securities in addition to, or to issue other securities of any nature in exchange or substitution for, the Pledged Collateral (except to qualify directors) unless such stock or other securities may be issued under the relevant provisions hereof, are pledged to the World Acceptance Corporation Amended and Restated Security Agreement, Security Trustee for the ratable benefit of the holders of the Notes as part of the Pledged Collateral and the Company represents to the Security Trustee and the holders of the Notes that (i) the Company has good and marketable title to such stock or other Security, free and clear of any Lien other than the Lien hereof and (ii) such stock or other Security has been duly authorized, validly issued and is fully paid and non-assessable.
Issuance of Additional Shares of Stock. If at any time the Company -------------------------------------- shall (except as hereinafter provided) issue or sell any Additional Shares of Stock either (A) in exchange for consideration in an amount per Additional Share of Stock less than the Exercise Price in effect immediately prior to such issuance or sale of Additional Shares of Stock or (B) in exchange for consideration in an amount per Additional Share of Stock less than the Market Price in effect immediately prior to such issuance or sale of Additional Shares of Stock, then the Exercise Price as to the Warrant Shares for which this Warrant is exercisable immediately prior to such adjustment shall be adjusted to equal the price determined by multiplying the Exercise Price by a fraction, of which
Issuance of Additional Shares of Stock. Subject to such rights of the Series A Preferred Stock Directors pursuant to Article IV, Section B.1(c) of the DHS Amended and Restated Articles, to such rights of the Series B Preferred Stock Directors pursuant to Article IV, Section C.1(c) of the DHS Amended and Restated Articles, to such rights of the Series C Preferred Stock Directors pursuant to Article IV, Section D.1(c) of the DHS Amended and Restated Articles, to such rights of the holders of Series A Preferred Stock pursuant to Article IV, Section B.1(e) of the DHS Amended and Restated Articles, to such rights of the holders of Series B Preferred Stock pursuant to Article IV, Section C.1(e) of the DHS Amended and Restated Articles, and to such rights of the holders of Series C Preferred Stock pursuant to Article IV, Section D.1(e) DHS Amended and Restated Articles, to exercise their respective rights with respect to the matters set forth therein, each Stockholder agrees (i) to vote his or its shares of Stock, (ii) to use commercially reasonable best efforts to cause his or its Affiliates to vote their shares of Stock, and (iii) if serving as a Director of DHS, to vote as a Director, to cause DHS to issue additional shares of stock to the Persons and in the amounts as are necessary:
(1) to comply with the provisions of a public offering of DHS Common Stock pursuant to a registration statement filed with the Securities and Exchange Commission;
(2) to fund or comply with the provisions of a stock option plan, restricted option plan, employee stock purchase plan, stock bonus plan or other employee stock plan or benefit approved and implemented by the Board for the benefit of officers, directors or employees of DHS, provided that the aggregate numbers of shares issued in respect of all such plans shall not exceed ten percent (10%) of the fully diluted capital stock of DHS calculated as of the time of the issuance and after giving effect thereto;
(3) upon conversion of any shares of Convertible Preferred Stock;
(4) for the acquisition of another corporation by DHS by merger, purchase of substantially all of the assets of such corporation or other reorganization resulting in the ownership by DHS of not less than fifty percent (50%) of the voting power of such corporation;
(5) as a result of a stock split, stock dividend or reclassification of shares of Common Stock distributable on a pro rata basis to all holders of Common Stock, with respect to any shares of Stock which have been repurchased by DHS and ...
Issuance of Additional Shares of Stock. (a) If at any time DeepTech shall (except as hereinafter provided) issue or sell any Additional Shares of Common Stock, other than Permitted Issuances, for consideration in an amount per Additional Share of Common Stock less than the Current Market Price, then the Current Warrant Price shall be adjusted by multiplying the Current Warrant Price by a fraction, the numerator of which shall be (A) an amount equal to the sum of (X) the number of shares of Common Stock Outstanding immediately prior to such issuance or sale multiplied by the Current Market Price immediately prior to the first to occur of (i) board action by DeepTech authorizing such action or (ii) the public announcement of an intent to take such action, plus (Y) the consideration, if any, received by DeepTech upon such issuance or sale, and the denominator of which shall be (B) the total number of shares of Common Stock Outstanding immediately after such issuance or sale multiplied by the Current Market Price immediately prior to such issuance.
(b) The provisions of Section 4.3(a) shall not apply to any issuance of Additional Shares of Common Stock for which an adjustment is provided under Sections 4.1 or 4.
Issuance of Additional Shares of Stock. Each Class A Stockholder agrees (i) to vote his or its shares of Stock, (ii) to use commercially reasonable best efforts to cause his or its affiliates to vote their shares of Stock, and (iii) if serving as a Director of Doctors Health, to vote as a Director, to cause Doctors Health to issue additional shares of stock to the Persons and in the amounts as are necessary:
(1) to comply with the provisions of a public offering of Doctors Health common stock (the "Common Stock") pursuant to a registration statement filed with the Securities and Exchange Commission;
(2) to fund or comply with the provisions of a stock option plan, restricted option plan, employee stock purchase plan, stock bonus plan or other employee stock plan or benefit approved and implemented by the Board for the benefit of officers, directors or employees of Doctors Health, provided that the aggregate numbers of shares issued in respect of all such plans shall not exceed ten percent (10%) of the fully diluted capital stock of Doctors Health calculated as of the time of the issuance and after giving effect thereto;
(3) upon exercise of any warrant or similar stock purchase right or conversion of any convertible securities;
(4) for the acquisition of another corporation by Doctors Health by merger, purchase of substantially all of the assets of such corporation or other reorganization resulting in the ownership by Doctors Health of not less than fifty percent (50%) of the voting power of such corporation; and/or
(5) as a result of a stock split, stock dividend or reclassification of shares of Common Stock distributable on a pro rata basis to all holders of Common Stock, with respect to any shares of Stock which have been repurchased by Doctors Health and are being resold.
