Common use of Other Adjustments to Purchase Price and Floor Price Clause in Contracts

Other Adjustments to Purchase Price and Floor Price. The daily low trading or closing sale price, as applicable, of the Common Stock for any Trading Day used to calculate the Purchase Price and the Floor Price shall be adjusted proportionally to reflect any stock splits, stock dividends, reclassifications, combinations and similar transactions involving the Company's Common Stock.

Appears in 3 contracts

Samples: Structured Equity Line Financing Agreement (Elcom International Inc), Structured Equity Line Flexible Financing Agreement (Elcom International Inc), Structured Equity Line Flexible Financing Agreement (Sciclone Pharmaceuticals Inc)

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Other Adjustments to Purchase Price and Floor Price. The daily low trading or closing sale bid price, as applicable, of the Common Stock for any Trading Day used to calculate the Purchase Price and the Floor Price shall be adjusted proportionally to reflect any stock splits, stock dividends, reclassifications, combinations and similar transactions involving the Company's Common Stock.

Appears in 1 contract

Samples: Structured Equity Line Flexible Financing Agreement (Cygnus Inc /De/)

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