Common use of No Adjustment of Conversion Price Clause in Contracts

No Adjustment of Conversion Price. Except as set forth in --------------------------------- Subsection 2(e)(vi), no adjustment in the number of shares of Common Stock into which the Series A Preferred Stock is convertible shall be made, by adjustment in the Conversion Price in respect of the issuance of Additional Shares of Common Stock, unless the consideration per share for an Additional Share of Common Stock (determined pursuant to Subsection 2(e)(v)) issued or deemed to be issued by the Corporation is less than the Conversion Price in effect on the date of, and immediately prior to, the issue of such Additional Share.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

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No Adjustment of Conversion Price. Except as set forth in --------------------------------- Subsection 2(e)(vi), no adjustment in the number of shares of Common Stock into which the Series A a series of Preferred Stock is convertible shall be made, by adjustment in the Conversion Price for such series of Preferred Stock in respect of the issuance of Additional Shares of Common Stock, unless the consideration per share for an Additional Share of Common Stock (determined pursuant to Subsection 2(e)(v)) issued or deemed to be issued by the Corporation is less than the Conversion Price for such series of Preferred Stock in effect on the date of, and immediately prior to, the issue of such Additional Share.

Appears in 2 contracts

Samples: Stock Restriction Agreement (Sequenom Inc), Stock Restriction Agreement (Sequenom Inc)

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No Adjustment of Conversion Price. Except as set forth in --------------------------------- Subsection 2(e)(vi), no adjustment in the number of shares of Common Stock into which the Series A each share of Preferred Stock is convertible shall be made, by adjustment in of the Conversion Price for such series of Preferred Stock, in respect of the issuance of Additional Shares of Common Stock, Stock unless the consideration per share for an Additional Share of Common Stock (determined pursuant to Subsection 2(e)(v)) issued or deemed to be issued by the Corporation is less than the Conversion Price for such series of Preferred Stock in effect on the date of, and immediately prior to, the issue of such Additional ShareShare of Common Stock.

Appears in 2 contracts

Samples: Loan and Security Agreement (AtriCure, Inc.), AtriCure, Inc.

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