Common use of No Adjustment Below Par Value Clause in Contracts

No Adjustment Below Par Value. Notwithstanding the provisions of this Section, the Exercise Rate shall not be increased such that the price paid per share would be less than the par value thereof as a result of any adjustment made hereunder unless, under applicable law then in effect, Warrants may be exercised, at such lower Exercise Rate, for legally issued, fully paid and nonassessable shares of [Preferred Stock] [Common Stock].

No Adjustment Below Par Value. Notwithstanding the provisions of this Section, the Exercise Rate shall not be increased such that the price paid per share would be less than the par value thereof as a result of any adjustment made hereunder unless, under applicable law then in effect, Warrants may be exercised, at such lower Exercise Rate, for legally issued, fully paid and nonassessable shares of [Preferred StockShares] [Common Stock].

No Adjustment Below Par Value. Notwithstanding the provisions of this Section, the Exercise Rate shall not be increased such that the price paid per share would be less than the par value thereof as a result of any adjustment made hereunder unless, under applicable law then in effect, Warrants may be exercised, at such lower Exercise Rate, for legally issued, fully paid and nonassessable [Preferred Shares] [shares of [Preferred Stock] [Common Stock].

No Adjustment Below Par Value. Notwithstanding the provisions of this Section----------------------------- Section 3.2, the Exercise Rate shall not be increased such that the price paid per share of Stock would be less than the par value thereof as a result of any adjustment made hereunder unless, under applicable law then in effect, Warrants may be exercised, exercised at such lower Exercise Rate, Rate for legally issued, fully paid and nonassessable shares of [Preferred Stock] [Common Stock].

No Adjustment Below Par Value. Notwithstanding the provisions of ----------------------------- this Section, the Exercise Rate shall not be increased such that the price paid per share would be less than the par value thereof as a result of any adjustment made hereunder unless, under applicable law then in effect, Warrants may be exercised, at such lower Exercise Rate, for legally issued, fully paid and nonassessable shares of [Preferred Stock] [Common Stock].

No Adjustment Below Par Value. Notwithstanding the provisions of this ----------------------------- Section, the Exercise Rate shall not be increased such that the price paid per share would be less than the par value thereof as a result of any adjustment made hereunder unless, under applicable law then in effect, Warrants may be exercised, at such lower Exercise Rate, for legally issued, fully paid and nonassessable shares of [Preferred Stock] [Common Stock].