Ratchet Adjustment. If the Company issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Warrant Price in effect immediately before such Issue, the Warrant Price shall be reduced to the lesser of:
Appears in 7 contracts
Samples: Valley Bank Antidilution Agreement (Orthologic Corp), Agreement (Continuus Software Corp /Ca), Antidilution Agreement (Wavo Corp)
Ratchet Adjustment. If the Company issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Warrant Price in effect immediately before such IssueIssue (a "Diluting Issuance"), the Warrant Price shall be reduced to the lesser of:
Appears in 2 contracts
Samples: Imperial Bank Antidilution Agreement (Imaging Technologies Corp/Ca), Antidilution Agreement (Imageware Software Inc)
