Common use of Upon Issuance of Common Stock Clause in Contracts

Upon Issuance of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date and on or before the Expiration Date, issue any shares of Common Stock, options to purchase or rights to subscribe for Common Stock, securities by their terms convertible into or exchangeable for Common Stock, or options to purchase or rights to subscribe for such convertible or exchangeable securities without consideration or for consideration per share less than the Current Market Price, then the Exercise Price shall forthwith be lowered to a price equal to the price obtained by multiplying:

Appears in 1 contract

Samples: Exchange and Shareholder Rights Agreement (Fremont General Corp)

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Upon Issuance of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date and on or before the Expiration Date, issue any shares of Common Stock, options to purchase or rights to subscribe for Common Stock, securities by their terms convertible into or exchangeable for Common Stock, or options to purchase or rights to subscribe for such convertible or exchangeable securities without consideration or for consideration per share less than the Current Market Price, then each of the Exercise Exchange Price and the Conversion Amount shall forthwith be lowered to a price equal to the price obtained by multiplying:

Appears in 1 contract

Samples: Exchange and Shareholder Rights Agreement (Fremont General Corp)

Upon Issuance of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date and on or before the Expiration Issuance Date, issue any shares of Common Stock, options to purchase or rights to subscribe for Common Stock, securities by their terms convertible into or exchangeable for Common Stock, or options to purchase or rights to subscribe for such convertible or exchangeable securities without consideration or (other than Excluded Stock) for consideration per share less than the Current Market PriceExercise Price in effect immediately prior to the issuance of such Common Stock or securities, then the Exercise Price shall forthwith be lowered to a price equal to the price obtained by multiplying:

Appears in 1 contract

Samples: Skyterra Communications Inc

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Upon Issuance of Common Stock. If the Company shall, at any time or from time to time after the Original Issue Date and on or before the Expiration Date, issue any shares of Common Stock, options to purchase or rights to subscribe for shares of Common Stock, securities by their terms convertible into or exchangeable for shares of Common Stock, or options to purchase or rights to subscribe for such convertible or exchangeable securities without consideration or (other than Excluded Stock) for consideration per share less than the Current Market PriceExercise Price in effect immediately prior to the issuance of such Common Stock or securities, then the Exercise Price shall forthwith be lowered to a price equal to the price obtained by multiplying:

Appears in 1 contract

Samples: Skyterra Communications Inc

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