Antidilution definition

Antidilution provisions of warrants and convertible securities in particular and who has not, and who is not a member or employee of any firm which has, rendered legal services to any of the parties to the dispute or any of their respective Affiliates within the preceding two years and who has no interest (other than the receipt of customary fees for his services as an arbitrator) in the matter in dispute.

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Antidilution. The conversion price for the Series A Preferred shall be subject to proportional antidilution protection for stock splits, stock dividends, etc. In the event that the Company issues additional shares of Common or Common equivalents (other than shares issues to officers or employees of the Company pursuant to plans approved by the Company's board of directors) at a purchase price less than the applicable Series A Preferred conversion price, the Series A Preferred conversion price shall be adjusted to that same lower purchase price.

Antidilution. Restriction on conversion of no more than 20% of the original purchase amount in any one month. For example, 20% is convertible in month four, 20% in month five, etc. Each issue fully convertible eight months after closing.

Examples of Antidilution in a sentence

• This Antidilution Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument.

• The titles of the sections and subsections of this Agreement are for convenience of reference only and are not to be considered in construing this Antidilution Agreement.

• Except as set forth below, this Antidilution Agreement and the other documents delivered pursuant hereto constitute the full and entire understanding and agreement between the parties with regard to the subjects hereof and thereof.

• In case any provision of this Antidilution Agreement shall be invalid, illegal, or unenforceable, the validity, legality and enforceability of the remaining provisions of this Antidilution Agreement shall not in any way be affected or impaired thereby.

• This Antidilution Agreement shall be governed in all respects by the laws of the State of California as such laws are applied to agreements between California residents entered into and to be performed entirely within California.

• Except as set forth below, this Anti-dilution Agreement and the other documents delivered pursuant hereto constitute the full and entire understanding and agreement between the parties with regard to the subjects hereof and thereof.

• In case any provision of this Anti-dilution Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions of this Anti-dilution Agreement shall not in any way be affected or impaired thereby.

• This Anti-dilution Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument.

• Concurrently with the execution of this Antidilution Agreement, the Purchaser is purchasing from the Company a Warrant to Purchase Stock (the "Warrant") pursuant to which Purchaser has the right to acquire from the Company the Shares (as defined in the Warrant).

• The Fund may request transaction information older than 90 days from the date of the request as it deems necessary to investigate compliance with Fund Anti-dilution Policies.

More Definitions of Antidilution

Antidilution. The Conversion Ratio shall be adjusted appropriately to account for any stock splits, recapitalizations, combinations, stock dividends and other similar events. Voting Rights: Holders of New Preferred Stock shall have the right to vote with the holders of Common Stock on all matters submitted to a vote of the holders of Common Stock on an as-converted to Common Stock basis, including, without limitation, the right to vote on the increase or decrease in the number of authorized shares of Common Stock of the Reorganized Debtor. The written consent of Holders of at least sixty six and two-thirds percent (66 2/3%) of the issued and outstanding capital stock of the Reorganized Debtor (calculated on an as-converted to Common Stock basis) of the issued and outstanding capital stock of the Reorganized Debtor (calculated on an as-converted to Common Stock basis) (the “Supermajority Approval”) shall be required before the Reorganized Debtor may do, or commit to do, any of the following: (a) reclassify the capital stock of the Reorganized Debtor or alter the rights of the New Preferred Stock or Common Stock; (b) create, issue or sell any class of equity securities of the Reorganized Debtor, including preferred stock, having a preference as to liquidation, redemption or dividends over the New Preferred Stock; (c) authorize an amendment, modification or waiver of the certificate of incorporation or bylaws of the Reorganized Debtor which is adverse to the holders of New Preferred Stock; (d) authorize any liquidation, dissolution or winding up of the Reorganized Debtor, provided that, for the avoidance of doubt, no Supermajority Approval shall be required to institute bankruptcy proceedings, consent to the filing of a bankruptcy proceeding against it, or file a petition seeking reorganization under the U.S. Bankruptcy Code or any similar applicable federal or state law or consent to the appointment of a receiver, liquidator, trustee or assignee in bankruptcy or insolvency, or make an assignment for the benefit of creditors; and