Anti-Dilution Rights means the rights of the Gold Fields Group to acquire Equity Securities pursuant to Section 2.01 or 2.03;
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 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 Anti-Dilution Rights are based on the percentage that the Commitment Shares bear to 199,885,350 shares (the “4.99% Share Amount”) (199,885,350 shares is 4.99% of 4,005,718,437 currently outstanding shares of Company common stock).
The following table summarizes the changes in the Anti-Dilution Rights outstanding.
Anti-Dilution Rights The Securities do not have anti-dilution rights, which means that future equity issuances and other events will dilute the ownership percentage that Investors may eventually have in the Company.
The premium for the acquisition or the grant of the Anti-Dilution Rights is nil.
Any reference in this Agreement to the issuance or proposed issuance of Equity Securities by the Corporation shall be deemed to include any issuance or proposed issuance of such securities by a subsidiary of the Corporation and the Corporation shall not permit any subsidiary to issue or agree to issue Equity Securities unless Gold Fields is provided with Anti-Dilution Rights in respect thereof to the extent contemplated by this Agreement.
More Definitions of Anti-Dilution Rights
Anti-Dilution Rights has the meaning given such term in Section 3.1(2).
Anti-Dilution Rights. The note holder shall be entitled to anti-dilution rights. Upon notification of the Holder's intent to convert, the anti-dilution provisions will be null, unless the put is not successful, whereupon the anti-dilution rights shall return to full force.
Anti-Dilution Rights. The Conversion Price of the Convertible Subordinated Debt is subject to adjustment in the event of (i) any subdivision or combination of the Company's outstanding Common Stock, or (ii) any distribution by the Company of (a) a stock dividend, or (b) assets (other than cash dividends payable out of retained earnings) to holders of Common Stock. The Conversion Price of the Convertible Subordinated Debt will also be adjusted, on a weighted average basis upon the Company's issuance of additional shares of Common Stock (or warrants or rights to purchase Common Stock or securities convertible into Common Stock) for a consideration per share which is less than the Conversion Price.
Anti-Dilution Rights shall have the meaning set out in Section 4.2;
Anti-Dilution Rights. The Conversion Rate for the Series A Preferred will be subject to full ratchet adjustments to avoid dilution in the event that driversshield issues additional equity, or rights or other securities convertible or exercisable into equity, at a price less than $2.00 per share (as adjusted for prior dilution events) at the time of issuance. The Conversion Rate will also be subject to proportional adjustment for stock splits, combinations, stock dividends, recapitalizations and similar transactions or events.
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.
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: