Anti-Dilution Provisions definition

Anti-Dilution Provisions. Rights will have the benefit of certain customary anti-dilution provisions.

Anti-Dilution Provisions means the provisions set out in paragraph 2.3 below.

Anti-Dilution Provisions shall provide that in the event that any of the securities referenced herein as presently constituted, shall be changed into or exchanged for a different number or kind of securities or interests of the Company or of another entity (whether by reason of merger, consolidation, recapitalization, reclassification, split-up, combination of shares, sale of assets or otherwise), or if the number of such securities shall be increased through the payment of a dividend, or if the Company makes any other distribution of securities or other property including cash in respect of such securities, then there shall be substituted for and added to such securities, as the case may be, theretofore subject or which may become subject to the terms of this Agreement, the number and kind of securities, interests or property into which each outstanding security shall be so changed, or for which each such security shall be exchanged, or to which each such security shall be entitled, as the case may be, and the purchase price per security appropriately adjusted.

Examples of Anti-Dilution Provisions in a sentence

• Anti-Dilution Provisions: Rights will have the benefit of certain customary anti-dilution provisions.

• Certain terms used principally in Annex I (Anti-Dilution Provisions) are defined therein.

• The following summary of the Series B Preferred is provided for information purposes only and is subject to the description set forth in Exhibit A: Each share of Series B Preferred is convertible, at the option of the Purchaser, into one share of the Company's Common Stock, subject to the Anti-Dilution Provisions set forth herein.

• Anti-Dilution Provisions Rights will have the benefit of certain customary anti-dilution provisions.

• If a Termination Event occurs, and upon such Termination Event occurring, the Anti-Dilution Provisions shall apply retroactively to any dilutive issuances that occur between the date hereof and the occurrence of such Termination Event.

More Definitions of Anti-Dilution Provisions

Anti-Dilution Provisions. The rights will have the benefit of certain customary anti-dilution protections.

Anti-Dilution Provisions. The Rights are protected by customary anti-dilution provisions.

Anti-Dilution Provisions means the provisions set out at paragraph (C)(vii) below.

Anti-Dilution Provisions means the provisions set forth in Paragraph 10 of this Exhibit C.

Anti-Dilution Provisions. The Rights have the benefit of certain customary anti-dilution provisions.

Anti-Dilution Provisions. The conversion price of the Preferred Stock will be subject to a broad-based weighted average adjustment to reduce dilution in the event that the Company issues additional equity securities (other than customary exclusions as set forth in the Current Charter) at a purchase price less than the applicable conversion price. The conversion price will also be subject to proportional adjustment for stock splits, stock dividends, recapitalizations and the like. Voting Rights: The Preferred Stock will vote together with the Common Stock and not as a separate class except as specifically provided herein or as otherwise required by law. Each share of Preferred Stock shall have a number of votes equal to the number of shares of Common Stock then issuable upon conversion of such share of Preferred Stock. Board Observer: XL Hybrids, Inc. (“XL”) or its affiliates shall have the right to designate one board observer, who shall, subject to customary limitations, be entitled to attend all meetings of the Board of Directors (the “Board”) and any committee thereof. Otherwise, the Board shall remain as currently contemplated. The Company will reimburse all XL for the costs and expenses associated with attending meetings of the Board and other matters undertaken by them on behalf of the Company.

Anti-Dilution Provisions. The conversion rate of the Series D Stock will be subject to adjustment for any stock splits, dividends on Common Stock payable in Common Stock or other similar capital structure reorganizations.