Common use of Multiple Closing Dates Clause in Contracts

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A Conversion Price pursuant to the terms of Subsection 4.5.4, then, upon the final such issuance, the Series A Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Merger Agreement (Panacea Acquisition Corp)

AutoNDA by SimpleDocs

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A Conversion Price pursuant to the terms of Subsection 4.5.4Section 3 above, then, upon the final such issuance, the Series A Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Securities Purchase Agreement (Lilis Energy, Inc.)

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A C Conversion Price pursuant to the terms of Subsection 4.5.4, 4.4.4 then, upon the final such issuance, the Series A C Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Subscription Agreement (Arrowhead Research Corp)

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A applicable Conversion Price pursuant to the terms of Subsection 4.5.4Section 4.4.4, then, upon the final such issuance, the Series A applicable Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Series B Preferred Stock Purchase Agreement (Energy Exploration Technologies, Inc.)

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A C-2 Conversion Price pursuant to the terms of Subsection 4.5.4, 7.8 then, upon the final such issuance, the Series A C-2 Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Series C Preferred Stock and Warrant Purchase Agreement (VirtualScopics, Inc.)

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A C-1 Conversion Price pursuant to the terms of Subsection 4.5.4, 7.8 then, upon the final such issuance, the Series A C-1 Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Series C Preferred Stock and Warrant Purchase Agreement (VirtualScopics, Inc.)

AutoNDA by SimpleDocs

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A Conversion Price pursuant to the terms of Subsection 4.5.4Section 3.4.4, then, upon the final such issuance, the Series A Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Series D Preferred Stock Purchase Agreement (Caladrius Biosciences, Inc.)

Multiple Closing Dates. In the event the Corporation shall issue on more than one (1) date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A Conversion Price pursuant to the terms of Subsection 4.5.4, 4.4.4 then, upon the final such issuance, the Series A Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Subscription Agreement (Starry Holdings, Inc.)

Multiple Closing Dates. In the event the Corporation shall issue on more than one date Additional Shares of Class A Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Series A B Conversion Price pursuant to the terms of Subsection 4.5.4, 4.5.4 then, upon the final such issuance, the Series A B Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Samples: Stock Purchase Agreement (Planet Technologies, Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!