Reduced Price Sample Clauses

Reduced Price. The Reduced Price shall be $2.00 per ton as adjusted by the Quarterly Price Adjustment.

Reduced Price. The sale of material amounts of our common stock could reduce the price of our common stock and encourage short sales. We sell shares to Xxxxxx pursuant to the Investment Agreement, and then Xxxxxx sells those shares in the market, causing an increase in the number of our common shares in the market and a possible decrease in the price of our common shares. As the price of our shares decreases, we will need to issue more shares for Xxxxxx'x investment amount. This may encourage short sales, which could further reduce the price of our common stock. Xxxxx stock rules may make it more difficult to sell our stock. The Securities Enforcement and Xxxxx Stock Reform Act of 1990 requires additional disclosure relating to the market for xxxxx stocks in connection with trades in any stock defined as a xxxxx stock. The Commission has adopted regulations that generally define a xxxxx stock to be any equity security that has a market price of less than $5.00 per share, subject to a few exceptions. Our stock is subject to these regulations, which require the delivery, prior to any transaction involving a xxxxx stock, of a disclosure schedule explaining the xxxxx stock market and the risks associated with it. The existence of these rules may make it more difficult to sell Tri-Valley stock than for other, more established companies. Investment Agreement with Xxxxxx may not provide adequate financing. The funds we receive from the purchase of stock by Xxxxxx under the Investment Agreement may not provide sufficient funds for us to continue operations according to our business plan. If the funds from the Investment Agreement are insufficient, we may have to find additional capital, either in the form of loans or sale of more equity, to continue our business. If we do not receive the additional capital once we need it, we will have to scale back our operations and potentially cease active business operations until we can negotiate an alternative capital strategy. Exhibit J: Capitalization Schedule EXHIBIT J - CAPITALIZATION SCHEDULE Tri-Valley Corporation This Capitalization Schedule reports matters required by Section 3.2.4, Disclosure Documents and Section 5.7, Capitalization, of that certain Investment Agreement (the "Agreement") entered as of August 20, 2001 and amended on or about September 13, 2001, by and between Tri-Valley Corporation, a Delaware Corporation (the "Company"), with headquarters located at 0000 Xxxxxxxx Xxxx Xxxxx, Xxxxx 000, Xxxxxxxxxxx, Xxxxxxxxxx, an...