Common use of Trading Market Limitation Clause in Contracts

Trading Market Limitation. (i) Notwithstanding any other provisions in this Warrant to the contrary, unless and until the Shareholder Approval is received, no adjustment pursuant to this Section 5 shall require the Company to issue more than an aggregate of 2,858,843 Shares upon exercise of the Warrant and all other warrants issued under the Credit Agreement (“Warrant Share Cap”); provided that the Warrant Share Cap shall be adjusted in connection with any Share Reorganization in the same manner as the number of Warrant Shares is adjusted pursuant to Section 5(a).

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Recro Pharma, Inc.), Common Stock Purchase Warrant (Recro Pharma, Inc.)

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Trading Market Limitation. (i) Notwithstanding any other provisions in this Warrant to the contrary, unless and until the Shareholder Approval is received, no adjustment pursuant to this Section 5 shall require the Company to issue more than an aggregate of 2,858,843 [ ]4 Shares upon exercise of the Warrant and all other warrants issued under the Credit Agreement (“Warrant Share Cap”); provided that the Warrant Share Cap shall be adjusted in connection with any Share Reorganization in the same manner as the number of Warrant Shares is adjusted pursuant to Section 5(a).

Appears in 2 contracts

Samples: Credit Agreement (Recro Pharma, Inc.), Recro Pharma, Inc.

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Trading Market Limitation. (i) Notwithstanding any other provisions in this Warrant to the contrary, unless and until the Shareholder Approval is received, no adjustment pursuant to this Section 5 shall require the Company to issue more than an aggregate of 2,858,843 Shares upon exercise of the Warrant and all other warrants issued under the Credit Agreement (“Warrant Share Cap”); provided that the Warrant Share Cap shall be adjusted in connection with any Share Reorganization in the same manner as the number of Warrant Shares is adjusted pursuant to Section 5(a).. 17

Appears in 2 contracts

Samples: Societal CDMO, Inc., Societal CDMO, Inc.

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