Common use of No Adjustment for Certain Issuances Clause in Contracts

No Adjustment for Certain Issuances. Notwithstanding anything to the contrary herein, no adjustment will be made to the Conversion Price (1) for issuances of Common Stock upon conversion of shares of the Series A Preferred Stock; or (2) for issuances of Common Stock, options, warrants or other convertible securities as a dividend or distribution on the Series A Preferred Stock.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Immediatek Inc), Securities Purchase Agreement (Radical Holdings Lp), Securities Purchase Agreement (Radical Holdings Lp)

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No Adjustment for Certain Issuances. Notwithstanding anything to the contrary herein, no adjustment will be made to the Conversion Price (1) for issuances of Common Stock upon conversion of shares of the Series B Preferred Stock or the Series A Preferred Stock; or (2) for issuances of Common Stock, options, warrants or other convertible securities as a dividend or distribution on the Series A B Preferred Stock.

Appears in 1 contract

Samples: Securities Purchase Agreement (Immediatek Inc)

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