Common use of Subsequent Financings Clause in Contracts

Subsequent Financings. Should TERA, at any time while the Convertible Note is outstanding, issue Common Stock at a price per share less than $0.133, or issue warrants or convertible securities that provide for an exercise or conversion price of less than $0.133 per share, then the conversion rate in Sections 4(b) and the Warrant exercise price in Section 4(a) above shall be reduced to such amount and the exercise price of the warrants shall be reduced to such amount, provided such amount is less than the conversion rate or exercise price than in effect .

Subsequent Financings. Should TERA, at any time while the Convertible Note is Guarantees are outstanding, issue Common Stock at a price per share less than $0.133, or issue warrants or convertible securities that provide for an exercise or conversion price of less than $0.133 per share, then the conversion rate in Sections 4(b3.2(b) and 4.2 and the Warrant exercise price in Section 4(a) 4.1 above shall be reduced to such amount and the exercise price of the warrants shall be reduced to such amount, provided such amount is less than the conversion rate or exercise price than in effect .

Subsequent Financings. Should TERA, at any time while the Convertible Note is Guarantees are outstanding, issue Common Stock at a price per share less than $0.1330.16, or issue warrants or convertible securities that provide for an exercise or conversion price of less than $0.133 0.16 per share, then the conversion rate in Sections 4(b3.2(b) and 4.2 and the Warrant exercise price in Section 4(a) 4.1 above shall be reduced to such lesser amount and the exercise price of the warrants shall be reduced to such lesser amount, provided such amount is less than the conversion rate or exercise price than in effect .

Subsequent Financings. Should TERA, at any time while the Convertible Note is Guarantees are outstanding, issue Common Stock at a price per share less than $0.1330.18, or issue warrants or convertible securities that provide for an exercise or conversion price of less than $0.133 0.18 per share, then the conversion rate in Sections 4(b) Section 4.2 and the Warrant exercise price in Section 4(a) Sections 4.1 above shall be reduced to such lesser amount and the exercise price of the warrants shall be reduced to such lesser amount, provided such amount is less than the conversion rate or exercise price than in effect .

Subsequent Financings. Should TERA, at any time while within 180 days of the Convertible Note is outstandingdate of this agreement, issue Common Stock at a price per share less than $0.1330.12, or issue warrants or convertible securities that provide for an exercise or conversion price of less than $0.133 0.12 per share, then the conversion rate in Sections 4(b) and the Warrant exercise price in Section 4(a) 4.2 above shall be reduced to such lesser amount and the exercise price of the warrants shall be reduced to such lesser amount, provided such amount is less than the conversion rate or exercise price than in effect .