No Increase Per Share Exercise Price Sample Clauses
The "No Increase Per Share Exercise Price" clause ensures that the exercise price per share for options, warrants, or similar securities cannot be raised after issuance. In practice, this means that once an investor or holder is granted the right to purchase shares at a specified price, that price remains fixed and cannot be increased by the company, regardless of future events or changes in the company's financial situation. This clause protects investors from unfavorable adjustments and provides certainty regarding the cost of acquiring shares, thereby ensuring fairness and predictability in the terms of their investment.
No Increase Per Share Exercise Price. In no event shall any such adjustment have the effect of increasing the Per Share Exercise Price as otherwise determined pursuant to this Section 1 except as contemplated by Section 1.01(a)(iii), and then in no event to an amount larger than the Per Share Exercise Price as adjusted pursuant to such Section.