Examples of Issuance Limitation in a sentence
Notwithstanding anything in this Certificate of Designation to the contrary, any issuance of Common Stock or Series C Preferred Stock shall be limited to the total number of shares that may be issued in compliance with the Share Issuance Limitation to the extent applicable.
Immediately after the Approval is obtained, the Issuance Limitation under this Section 9 shall no longer apply.
For purposes of this Section 6(c), the aggregate number of shares of the Common Stock beneficially owned by the Holder shall include the shares of the Common Stock issuable upon the conversion of its shares of the Series A Preferred, subject in all cases to the Issuance Limitation.
Notwithstanding anything herein to the contrary in this Section 3(d), the aggregate number of shares of Common Stock issued and issuable by the Company under this Section 3(d), when aggregated with the Shares issued under the Purchase Agreement and the Warrant Shares issued under the Warrants, shall not exceed the Issuance Limitation.
At any time that the Issuance Limitation applies, the number of shares of Common Stock for which this Warrant may be exercised shall be limited to the maximum number of shares of Common Stock that would not require the Approval to have been obtained.
For purposes of this Section 7(c), the aggregate number of shares of Common Stock beneficially owned by the Holder shall include the shares of Common Stock issuable upon the conversion of its Series A Preferred Stock, subject in all cases to the Issuance Limitation.
For purposes of this Section 7(c), the aggregate number of shares of Common Stock beneficially owned by the Holder shall include the shares of Common Stock issuable upon the conversion of its Series B Preferred Stock, subject in all cases to the Issuance Limitation.
The Share Issuance Limitation shall be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split (including forward and reverse), or other similar transaction.
Immediately after the Issuance Approval is obtained, the Issuance Limitation under this Section 4(l) shall no longer apply.
When issued, the Company will have reserved that number of shares of Common Stock sufficient for issuance upon conversion or redemption of the Preferred Stock, subject to the Share Issuance Limitation (as such term is defined in the Certificates of Designation), if any, or the exercise of the Warrants being issued and sold pursuant to this Agreement.