Anti-Dilution Rights definition

Anti-Dilution Rights has the meaning given such term in Section 3.1(2).
Anti-Dilution Rights means the right of certain shareholders of the Company to receive in the aggregate no less than 20% of the Company Stock calculated on a fully diluted basis after giving effect to full exercise of certain warrant rights and the issuance of shares of the Company Stock in the Initial Public Offering.

Examples of Anti-Dilution Rights in a sentence

  • The Company covenants and agrees to take all actions necessary to effect the Charter Amendment, the Anti-Dilution Rights Waiver and the 2012 Registration Rights Amendment prior to the Closing, including but not limited to obtaining stockholder approval of each action, as necessary.

  • In order to effectuate the intents and purposes of this Agreement, each Purchaser, severally and not jointly, covenants and agrees that such Purchaser will vote all Common Stock of the Company owned by it prior to the date of this Agreement, if any, in favor of, or otherwise consent to, the Charter Amendment, the Anti-Dilution Rights Waiver and the 2012 Registration Rights Amendment.

  • As of the date of this Form C, the Company’s outstanding capital stock consists of: Type Common Stock Amount Outstanding 3,671,419 Par Value Per Share $0.00001 Voting Rights 1 Vote Per share Anti-Dilution Rights None How this security may limit, dilute or qualify the Security issued pursuant to Regulation CF The Company may decide to issue more Common Stock which may dilute the Security.

  • Anti-Dilution Rights The Securities do not have anti-dilution rights.

  • As of the date of this Form C, the Company has the following additional securities outstanding: Type Common Stock Warrants Amount Outstanding 128,300 Voting Rights None until exercise Anti-Dilution Rights None How this security may limit, dilute or qualify the Security issued pursuant to Regulation CF Upon exercise, the Securities will be diluted.


More Definitions of Anti-Dilution Rights

Anti-Dilution Rights means the Conversion Price adjustment rights granted to a holder of Preferred Stock with respect to the shares of Preferred Stock held by such holder at the time of such adjustment pursuant to Section 4(d)(iv) of this Article V.
Anti-Dilution Rights shall have the meaning set out in Section 4.2;
Anti-Dilution Rights. The number of Class A Shares issuable upon the exercise of the New Warrants will be subject to adjustment in certain circumstances, including:  the issuance of Class A Shares or Class B Shares payable as a dividend or distribution on its common stock;  subdivisions and combinations of the Class A Shares or Class B Shares;  the dividend or other distribution to all or substantially all holders of Class A Shares or Class B Shares of shares of capital stock of Issuer’s subsidiaries or evidences of indebtedness or other assets other than Cash;  dividends or other distributions consisting exclusively of cash to all or substantially all holders of Class A Shares or Class B Shares, subject to exceptions for ordinary course dividends, to be agreed; and  the purchase of Class A Shares or Class B Shares pursuant to a tender offer made by the Debtors, the Reorganized Debtors or any of their subsidiaries or above market prices, subject to exceptions.
Anti-Dilution Rights. For the twelve months following the Effective Date or until the note is repaid whichever time period is greater, the Company and the Purchaser agree that the Il Luminate Shares shall contain full anti dilution rights and privileges, such that if any shares of the Surviving Corporation’s Common Stock are issued, in an amount that exceeds 3% of the total outstanding shares, within a 3 month period or if issuances exceed 5% in a 6 month period, and Xxxxxxx Xxxxxxxxx voted against such dilution at such time as the dilution event was voted upon, of the Surviving Corporation through any form of registration, or if any options, warrants, conversion rights of the Surviving Corporation or other securities convertible or exchangeable into shares of the Surviving Corporation’s Common Stock are issued (including shares issued by the Surviving Corporation by reason of exercise of existing stock options prior to the date of this Agreement), or if any shares that were issued pursuant to an exemption from registration by the Surviving Corporation become eligible to have the legend removed under Rule 144 or Regulation S while any of the Il Luminate Shares are still held, (a "Dilutive Event") the Surviving Corporation will, in accordance with the procedures set forth herein, issue to the holders of the Il Luminate Shares, or any transferee or assignee thereof or by virtue of the laws of descent or distribution, for no consideration, that number of shares of the Surviving Corporation’s Common Stock (the "Adjustment Shares") necessary to maintain their same aggregate percentage ownership of the Surviving Corporation. The number of Adjustment Shares to be issued in the aggregate to the Il Luminate Shareholders will be determined by the following formula:
Anti-Dilution Rights shall have the meaning assigned to such term in Section 3.5.
Anti-Dilution Rights shall have the meaning assigned to such term in -------------------- Section 3.5.
Anti-Dilution Rights. The "conversion ratio" of the Convertible Preferred Stock shall be proportionately adjusted in the event of any stock split, reverse split, combination, reclassification or similar event.