Common use of Shares of Common Stock and Common Stock Equivalents Clause in Contracts

Shares of Common Stock and Common Stock Equivalents. Until March 27, 2013, the Issuer shall not issue any Additional Shares of Common Stock or Common Stock Equivalents (otherwise than as provided in the foregoing subsections (a) through (c) of this Section 4), at a price per share less than the Warrant Price then in effect or without consideration, without the prior written consent of the Majority Holders.”

Appears in 2 contracts

Samples: Warrant Amendment (QKL Stores Inc.), Warrant Amendment (QKL Stores Inc.)

AutoNDA by SimpleDocs

Shares of Common Stock and Common Stock Equivalents. Until March 27October 23, 20132011, the Issuer shall not issue any Additional Shares of Common Stock or or, Common Stock Equivalents (otherwise than as provided in the foregoing subsections (a) through (c) of this Section 4), at a price per share less than the Warrant Price then in effect or without consideration, without the prior written consent of the Majority Initial Holders, assuming the Initial Holders still own all or part of this Warrant, and if not, then the Holders of twenty-five percent (25%) of the Warrant.”

Appears in 2 contracts

Samples: Warrant Amendment (China Integrated Energy, Inc.), Warrant Amendment (China Integrated Energy, Inc.)

AutoNDA by SimpleDocs

Shares of Common Stock and Common Stock Equivalents. Until March 27December 31, 20132010, the Issuer shall not issue any Additional Shares of Common Stock or or, Common Stock Equivalents (otherwise than as provided in the foregoing subsections (a) through (cd) of this Section 43), at a price per share less than the Warrant Price then in effect or without consideration, without the prior written consent of Holders of a majority of the Majority Holdersthen outstanding Warrants.”

Appears in 1 contract

Samples: Warrant Amendment (ChinaNet Online Holdings, Inc.)

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