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.)

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Reverse Splits. The Borrower effectuates a reverse split of its Common Stock without the prior written consent of the HolderHolders holding 80% of the outstanding principal amount of the Notes and aggregate Conversion Prices of Shares still held by the Holders.

Appears in 5 contracts

Samples: Secured Convertible Note (One Voice Technologies Inc), Secured Convertible Note (One Voice Technologies Inc), Secured Convertible Note (One Voice Technologies Inc)

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