No Adjustment of Conversion Price. No adjustment in the number of shares of Common Stock into which Preferred Stock is convertible shall be made, by adjustment in the Conversion Price, in respect of the issuance of Additional Shares of Common Stock or otherwise, unless the consideration per share for an Additional Share of Common Stock issued or deemed to be issued by the Corporation is less than the relevant Conversion Price in effect on the date of, and immediately prior to, the issue of such Additional Share of Common Stock.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Mascoma Corp), Purchase Preferred Stock (Mascoma Corp), Mascoma Corp
No Adjustment of Conversion Price. No Notwithstanding any provision herein to the contrary, no adjustment in the number of shares of Common Stock into which the shares of Series B Preferred Stock is are convertible shall be made, by adjustment in the applicable Conversion Price, in respect of the issuance of Additional Shares of Common Stock or otherwisePrice thereof, unless the consideration per share (determined pursuant to Section 6.4.5) for an all Additional Share Shares of Common Stock issued or deemed to be issued by the Corporation is less than the relevant applicable Conversion Price in effect on the date of, and immediately prior to, the issue of such Additional Share Shares of Common Stock.
Appears in 3 contracts
Samples: Amended Merger and Stock Exchange Agreement (Rezconnect Technologies Inc), Amended Merger and Stock Exchange Agreement (YTB International, Inc.), Merger and Stock Exchange Agreement (Rezconnect Technologies Inc)
No Adjustment of Conversion Price. No adjustment in the number of shares of Common Stock into which the Preferred Stock is convertible shall be made, by adjustment in the Conversion Price, in respect of the issuance of Additional Shares of Common Stock or otherwise, Price thereof unless the consideration per share (determined pursuant to Section 2.5(e) below for an Additional Share of Common Stock issued or deemed to be issued by the Corporation Borrower is less than the relevant applicable Conversion Price in effect on the date of, and immediately prior to, the issue of such Additional Share of Common Stockadditional shares.
Appears in 3 contracts
Samples: Asset Purchase Agreement (WQN, Inc.), Asset Purchase Agreement (Voip Inc), WQN, Inc.
No Adjustment of Conversion Price. No adjustment in the number of shares of Common Stock into which Junior Preferred Stock is convertible shall be made, by adjustment in the Conversion Price, in respect of the issuance of Additional Shares of Common Stock or otherwise, unless the consideration per share for an Additional Share of Common Stock issued or deemed to be issued by the Corporation is less than the relevant Conversion Price in effect on the date of, and immediately prior to, the issue of such Additional Share of Common Stock.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement, Subordinated Convertible Note Purchase Agreement (Mascoma Corp)
No Adjustment of Conversion Price. No Any provision herein to the contrary notwithstanding, no adjustment in the number of shares of Common Stock into which shares of Preferred Stock is convertible shall be made, by adjustment in the Conversion Price, in respect of the issuance of Additional Shares of Common Stock or otherwise, unless the consideration per share (determined pursuant to Section 5(e)(v) hereof) for an Additional Share of Common Stock issued or deemed to be issued by the Corporation is less than the relevant Conversion Price in effect on the date of, and immediately prior to, the issue of such Additional Share Shares of Common Stock.
Appears in 1 contract
Samples: Preferred Stock Purchase Agreement (Berger Holdings LTD)
No Adjustment of Conversion Price. No adjustment in the number of --------------------------------- shares of Common Stock into which the Series C Preferred Stock is convertible shall be made, by adjustment in the Conversion Price, Price of Series C Preferred Stock in respect of the issuance of Additional Shares of Common Stock or otherwise, unless the consideration per share for an Additional Share of Common Stock issued or deemed to be issued by the Corporation corporation is less than the relevant Conversion Price book value of the Common Stock in effect on the date of, and immediately prior to, the issue of such Additional Share of Common Stock.
Appears in 1 contract
No Adjustment of Conversion Price. No adjustment in the number of shares of Common Stock into which Preferred Stock is convertible shall be made, by adjustment in the Conversion Price, in respect of the issuance of Additional Shares of Common Stock or otherwise, unless the consideration per share for an Additional Share of Common Stock issued or deemed to be issued by the Corporation is less than the relevant Conversion Price in effect on the date of, and immediately prior to, . the issue of such Additional Share of Common Stock.
Appears in 1 contract
