Common use of Proceedings Prior to Any Action Requiring Adjustment Clause in Contracts

Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action that would require an adjustment pursuant to this Article III, the Company shall take any action which may be necessary in order that the Company may thereafter validly and legally issue as fully paid and nonassessable all Shares that the Holders are entitled to receive upon exercise of this Warrant.

Appears in 4 contracts

Samples: Warrant Agreement (Paradigm Medical Industries Inc), Warrant Agreement (Paradigm Medical Industries Inc), Warrant Agreement (Paradigm Medical Industries Inc)

AutoNDA by SimpleDocs

Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action that which would require an adjustment pursuant to this Article IIIIV, the Company shall take any action which may be necessary necessary, including obtaining regulatory approvals or exemptions, in order that the Company may thereafter validly and legally issue as fully paid and nonassessable all Shares that Stock Units which the Holders holders of Warrants are entitled to receive upon exercise of this Warrantthereof.

Appears in 2 contracts

Samples: Warrant Agreement (Brookside Technology Holdings, Corp.), Warrant Agreement (Brookside Technology Holdings, Corp.)

Proceedings Prior to Any Action Requiring Adjustment. As a ---------------------------------------------------- condition precedent to the taking of any action that which would require an adjustment pursuant to this Article IIISection 3, the Company shall take any action which may be necessary necessary, including obtaining regulatory approvals or exemptions, in order that the Company may thereafter validly and legally issue as fully paid and nonassessable all Shares that shares of Common Stock which the Holders are entitled to receive upon exercise of this Warrantthereof.

Appears in 2 contracts

Samples: Warrant Agreement (Impac Group Inc /De/), Warrant Agreement (Impac Group Inc /De/)

AutoNDA by SimpleDocs

Proceedings Prior to Any Action Requiring Adjustment. As a condition precedent to the taking of any action that would require an adjustment pursuant to this Article III, the Company shall take any action which that may be necessary in order that the Company may thereafter validly and legally issue as fully paid and nonassessable all Shares shares of Common Stock that the Holders holders of Warrants are entitled to receive upon exercise of this Warrantthereof.

Appears in 1 contract

Samples: Warrant Agreement (Queryobject Systems Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!