Restrictions on Conversion Right. In the event that the Conversion Right contained herein would, at any time this Warrant remains outstanding, be deemed by the Company's independent certified public accountants to trigger a charge to the Company's earnings for financial reporting purposes, then the Conversion Right under this Section 7 shall automatically terminate upon the Company's written notice to the holder of such adverse accounting treatment.
Appears in 2 contracts
Samples: Ribogene Inc / Ca/, Ribogene Inc / Ca/
Restrictions on Conversion Right. In the event that that, in connection with or following a public offering of the Company's Common Stock, the Conversion Right contained herein would, at any time this Warrant remains outstanding, be deemed by the Company's ' s independent certified public accountants to trigger a charge to the Company's earnings for financial reporting purposes, then the Conversion Right under this Section 7 as specified in section 7.1 shall automatically terminate upon the Company's written notice to the holder Holder of such adverse accounting treatment.
Appears in 2 contracts
Samples: Marketing and Distribution Agreement (Buildnet Inc), Buildnet Inc
Restrictions on Conversion Right. In the event that that, in connection with or following a public offering of the Company's Common Stock, the Conversion Right contained herein would, at any time this Warrant remains outstanding, be deemed by the Company's independent certified public accountants to trigger a charge to the Company's earnings for financial reporting purposes, then the Conversion Right under this Section 7 as specified in section 7.1 shall automatically terminate upon the Company's written notice to the holder Holder of such adverse accounting treatment.
Appears in 1 contract
Samples: Preferred Stock Purchase Warrant Agreement (Buildnet Inc)
