Anti-dilution Provision definition
Examples of Anti-dilution Provision in a sentence
Each Shareholder hereby agrees that, upon the request of DHT, the Shareholder shall vote (or cause to be voted) the Shares (or, as applicable, shall execute or cause to be executed written consents in respect of the Shares) in favor of the approval and adoption of an amendment to the Antidilution Provision to provide that no adjustment to the conversion price of the Preferred Stock shall be made as a result of the grant of options pursuant to the Stock Option Agreement.
The Series D Antidilution Provision may not be amended, modified or waived, without the prior written consent of Holder unless such amendment, modification or waiver affects the rights associated with the Shares in the same manner as such amendment, modification or waiver affects the rights associated with all other shares of the same series as the Shares granted to the Holder.
The initial conversion price will be subject to adjustment as provided in the Antidilution Provision paragraph below.
Upon the issuance of the Replacement Warrants (as defined below), the Warrant Anti-dilution Provision originally to be contained in the warrants to be issued to the Investors and Westminster is hereby terminated and of no force or effect and it is agreed that no amounts shall be owed to any Party hereto by reason of the Warrant Anti-dilution Provision.
Each Shareholder ---------------------------------- hereby waives any adjustment to the conversion price of the Preferred Stock pursuant to Section 6 of Article VI of the Articles of Incorporation of DHT (the "Antidilution Provision") which may result from the grant of options pursuant to the Stock Option Agreement, of even date herewith, by and between DHT and Cerner (the "Stock Option Agreement").
Each Shareholder hereby waives any adjustment to the conversion price of the Preferred Stock pursuant to Section 6 of Article VI of the Articles of Incorporation of DHT (the "Antidilution Provision") which may result from the grant of options pursuant to the Stock Option Agreement, of even date herewith, by and between DHT and Cerner (the "Stock Option Agreement").