Common use of Notice of Adjustment of Conversion Price Clause in Contracts

Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d) and shall prepare a certificate signed by the Corporation’s chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Securities Purchase Agreement (Bellicum Pharmaceuticals, Inc)

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Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d) and shall prepare a certificate signed by the Corporation’s chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 E Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 E Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Securities Purchase Agreement (Kala Pharmaceuticals, Inc.)

Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d) and shall prepare a certificate signed by the Corporation’s chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 B1/B2/B3/B4 Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 B1/B2/B3/B4 Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Securities Purchase Agreement (Idera Pharmaceuticals, Inc.)

Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d6(c) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d6(c) and shall prepare a certificate signed by the Corporation’s 's chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 B Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 B Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Series B Convertible Preferred Stock Purchase Agreement (Amalgamated Technologies Inc)

Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d) and shall prepare a certificate signed by the Corporation’s chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 F Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 F Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Securities Purchase Agreement (KALA BIO, Inc.)

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Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d) and shall prepare a certificate signed by the Corporation’s chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 H Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 H Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Securities Purchase Agreement (KALA BIO, Inc.)

Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d6(c) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d6(c) and shall prepare a certificate signed by the Corporation’s chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 C Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 C Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Securities Purchase Agreement (Biolase, Inc)

Notice of Adjustment of Conversion Price. Whenever the provisions of Section 6(d) require that the Conversion Price be adjusted as herein provided, the Corporation shall compute the adjusted Conversion Price in accordance with Section 6(d) and shall prepare a certificate signed by the Corporation’s chief executive officer or chief financial officer setting forth the adjusted Conversion Price and showing in reasonable detail the facts upon which such adjustment is based, and such certificate shall forthwith be filed at each office or agency maintained for such purpose for conversion of shares of Series 1/2/3 G Preferred Stock and mailed by the Corporation at its expense to all holders of Series 1/2/3 G Preferred Stock at their last addresses as they shall appear in the stock register.

Appears in 1 contract

Samples: Securities Purchase Agreement (KALA BIO, Inc.)

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