Common use of Structural Dilution Clause in Contracts

Structural Dilution. So long as this Warrant remains outstanding, the Company shall not permit any of its Subsidiaries to issue, sell, distribute or otherwise grant in any manner (including by assumption) any rights to subscribe for or to purchase, or any warrants or options for the purchase of any equity securities of such Subsidiary or any securities convertible into or exchangeable for such equity securities (or any rights to subscribe for or to purchase, or any warrants or options for the purchase of any such convertible or exchangeable securities), whether or not immediately exercisable or exercisable prior to the Expiration Date or thereafter.

Appears in 19 contracts

Samples: Credit Agreement (Unilife Corp), Subscription Agreement (SteadyMed Ltd.), Xtant Medical Holdings, Inc.

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Structural Dilution. So long as this Warrant remains outstanding, the Company shall not permit any of its Subsidiaries subsidiaries to issue, sell, distribute or otherwise grant in any manner (including by assumption) any rights to subscribe for or to purchase, or any warrants or options for the purchase of any equity securities of such Subsidiary subsidiary or any securities convertible into or exchangeable for such equity securities (or any rights to subscribe for or to purchase, or any warrants or options for the purchase of any such convertible or exchangeable securities), whether or not immediately exercisable or exercisable prior to the Expiration Date or thereafter.

Appears in 6 contracts

Samples: Credit Agreement (Harmony Biosciences Holdings, Inc.), Societal CDMO, Inc., Societal CDMO, Inc.

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Structural Dilution. So long as this Warrant remains outstanding, the Company shall not permit any of its Subsidiaries subsidiaries to issue, sell, distribute or otherwise grant in any manner (including by assumption) other than to any other subsidiary of the Company any rights to subscribe for or to purchase, or any warrants or options for the purchase of any equity securities of such Subsidiary subsidiary or any securities convertible into or exchangeable for such equity securities (or any rights to subscribe for or to purchase, or any warrants or options for the purchase of any such convertible or exchangeable securities), whether or not immediately exercisable or exercisable prior to the Expiration Date or thereafter.

Appears in 2 contracts

Samples: Baudax Bio, Inc., Baudax Bio, Inc.

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