Common use of Issuance of Rights or Options Clause in Contracts

Issuance of Rights or Options. In case at any time after the date hereof the Company shall in any manner grant (whether directly or by assumption in a merger or otherwise) any rights to subscribe for or to purchase, or any options for the purchase of, Common Stock or any stock or securities convertible into or exchangeable for Common Stock (such convertible or exchangeable stock or securities being herein called "Convertible Securities"), whether or not such rights or options or the right to convert or exchange any such Convertible Securities are immediately exercisable, and the price per share for which shares of Common Stock are issuable upon the exercise of such rights or options or upon conversion or exchange of such Convertible Securities (determined by dividing (i) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or options, plus the minimum aggregate

Appears in 3 contracts

Samples: Warrant Agreement (Intelect Communications Inc), Warrant Agreement (Intelect Communications Inc), Warrant Agreement (Intelect Communications Inc)

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Issuance of Rights or Options. In case at any time after the date hereof the Company shall in any manner grant (whether directly or and not by assumption in a merger or otherwise) any warrants or other rights to subscribe for or to purchase, or any options for the purchase of, Common Stock or any stock or securities security convertible into or exchangeable for Common Stock (such warrants, rights or options being called “Options” and such convertible or exchangeable stock or securities being herein called "Convertible Securities"), whether or not such rights or options Options or the right to convert or exchange any such Convertible Securities are immediately exercisable, and the price per share for which shares of Common Stock are is issuable upon the exercise of such rights or options Options or upon the conversion or exchange of such Convertible Securities (determined by dividing (i) the sum (which sum shall constitute the applicable consideration) of (x) the total amount, if any, received or receivable by the Company as consideration for the granting of such rights or optionsOptions, plus the minimum aggregateplus

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Graymark Healthcare, Inc.), Common Stock Purchase Warrant (Graymark Healthcare, Inc.)

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Issuance of Rights or Options. In case at any time after the date hereof the Company Corporation shall in any manner grant (whether directly or by assumption in a merger or otherwise) any rights to subscribe for or to purchase, or any options for the purchase of, Common Stock or any stock or other securities convertible into or exchangeable for Common Stock (such rights or options being herein called "Options" and such convertible or exchangeable stock or securities being herein called "Convertible Securities"), whether or not such rights or options Options or the right rights to convert or exchange any such Convertible Securities are immediately exercisable, and the price per share for which shares of Common Stock are is issuable upon the exercise of such rights or options Options or upon conversion or exchange of such Convertible Securities (determined by dividing (i) the total amount, if any, received or receivable by the Company Corporation as consideration for the granting of such rights or options, plus the minimum aggregatesuch

Appears in 1 contract

Samples: Purchase Agreement (Alliance Entertainment Corp)

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