Common use of Issuance of Common Stock on Conversion Clause in Contracts

Issuance of Common Stock on Conversion. (i) If a Series A Preferred Stockholder shall surrender more than one Preferred Certificate for conversion at any one time, the number of such shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of Series A Preferred Stock so surrendered.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)

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Issuance of Common Stock on Conversion. (i) If a Series A B Preferred Stockholder shall surrender more than one Preferred Certificate for conversion at any one time, the number of such shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of Series A B Preferred Stock so surrendered.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)

Issuance of Common Stock on Conversion. (i) If a Series A C Preferred Stockholder shall surrender more than one Preferred Certificate for conversion at any one time, the number of such shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of Series A C Preferred Stock so surrendered.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)

Issuance of Common Stock on Conversion. (i) If a Series A D Preferred Stockholder shall surrender more than one Preferred Certificate for conversion at any one time, the number of such shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of Series A D Preferred Stock so surrendered.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)

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Issuance of Common Stock on Conversion. (i) If a Series A E Preferred Stockholder shall surrender more than one Preferred Certificate for conversion at any one time, the number of such shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of Series A E Preferred Stock so surrendered.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)

Issuance of Common Stock on Conversion. (i) 6.14.3.1. If a Series A B Preferred Stockholder shall surrender more than one Series B Preferred Certificate for conversion at any one time, the number of such shares of Common Stock issuable upon conversion thereof shall be computed on the basis of the aggregate number of shares of Series A B Preferred Stock so surrendered.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (3 Dimensional Pharmaceuticals Inc)

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