Common use of Issuances of Common Stock and Other Securities Clause in Contracts

Issuances of Common Stock and Other Securities. (i) In the event that the Company shall issue or sell shares of Common Stock, or rights, options, warrants or convertible or exchangeable Securities containing the right to subscribe for or purchase shares of Common Stock (excluding Excluded Securities, as defined in Section 4.1 (d)(ii) hereof) at a price per share of Common Stock lower than the Reference Price in effect on the date (the "ADJUSTMENT DATE") of such issuance or sale, then the Purchase Price in effect immediately after the Adjustment Date shall be determined by multiplying the Purchase Price in effect immediately prior to such Adjustment Date by the quotient of:

Appears in 2 contracts

Samples: Warrant Agreement (Cerplex Group Inc), Warrant Agreement (Cerplex Group Inc)

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Issuances of Common Stock and Other Securities. (i) In the event that the Company shall issue or sell shares of Common Stock, or rights, options, warrants or convertible or exchangeable Securities containing the right to subscribe for or purchase shares of Common Stock (excluding Excluded Securities, as defined in Section 4.1 (d)(ii4.1(d)(ii) hereof) at a price per share of Common Stock lower than the Reference Price in effect on the date (the "ADJUSTMENT DATE") of such issuance or sale, then the Purchase Price in effect immediately after the Adjustment Date shall be determined by multiplying the Purchase Price in effect immediately prior to such Adjustment Date by the quotient of:" The remainder of Section 4.1(d)(i) of the Existing Warrant Agreement shall remain in effect without amendment.

Appears in 2 contracts

Samples: Warrant Agreement (Cerplex Group Inc), Warrant Agreement (Cerplex Group Inc)

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Issuances of Common Stock and Other Securities. (i) In the event that the Company shall issue or sell shares of Common Stock, or rights, options, warrants or convertible or exchangeable Securities containing the right to subscribe for or purchase shares of Common Stock (excluding Excluded Securities, as defined in Section 4.1 (d)(ii4.1(d)(ii) hereof) at a price per share of Common Stock lower than the Reference Price in effect on the date (the "ADJUSTMENT DATE") of such issuance or sale, then the Purchase Price in effect immediately after the Adjustment Date shall be determined by multiplying the Purchase Price in effect immediately prior to such Adjustment Date by the quotient of:

Appears in 1 contract

Samples: Warrant Agreement (Cerplex Group Inc)

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