Common use of Reverse Splits Clause in Contracts

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of the Holder.

Appears in 46 contracts

Samples: Convertible Debenture (Caro Holdings Inc.), Convertible Debenture (Qrons Inc.), Convertible Debenture (Biolabmart Inc.)

AutoNDA by SimpleDocs

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of at least two-thirds (2/3rds) of the HolderHolders.

Appears in 31 contracts

Samples: Convertible Debenture (Medical Care Technologies Inc.), Convertible Debenture (Medical Care Technologies Inc.), Convertible Debenture (Intelligent Living Inc.)

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock common stock without the prior written consent of the Holder.

Appears in 19 contracts

Samples: Convertible Note (Greenland Corp), Convertible Note (Family Room Entertainment Corp), Convertible Note Agreement (Family Room Entertainment Corp)

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock common --------------- stock without the prior written consent of the Holder.

Appears in 4 contracts

Samples: Convertible Note (Imaging Technologies Corp/Ca), Convertible Note (Imaging Technologies Corp/Ca), Convertible Note (Imaging Technologies Corp/Ca)

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of Holders representing not less than 75% of the Holderaggregate Principal Amounts outstanding under all Notes issued pursuant to the Subscription Agreement.

Appears in 2 contracts

Samples: Convertible Note (Goldspring Inc), Convertible Note (Goldspring Inc)

AutoNDA by SimpleDocs

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of of the Holder.

Appears in 2 contracts

Samples: Convertible Debenture (Thinspace Technology, Inc.), Convertible Debenture (Vanity Events Holding, Inc.)

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of the each Holder.

Appears in 2 contracts

Samples: Convertible Note (Sanswire Corp.), Convertible Note (Globetel Communications Corp)

Reverse Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of at least two-thirds (213rds) of the HolderHolders.

Appears in 1 contract

Samples: Convertible Debenture (Cargo Connection Logistics Holding, Inc.)

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