Common use of Adjustment Formula Clause in Contracts

Adjustment Formula. If at any time or from time to time after the Original Issue Date the Corporation issues or sells, or is deemed by the provisions of this Section 5.8 to have issued or sold, Additional Shares of Common Stock (as hereinafter defined), otherwise than in connection with a Common Stock Event as provided in Section 5.4, a dividend or distribution as provided in Section 5.5 or a recapitalization, reclassification or other change as provided in Section 5.6, or a reorganization, merger or consolidation as provided in section 5.7, for an Effective Price (as hereinafter defined) that is less than the Conversion Price for the Series A Preferred Stock in effect immediately prior to such issue or sale (or deemed issue or sale), then, and in each such case, the Conversion Price for such series of Preferred Stock shall be reduced, as of the close of business on the date of such issue or sale, to the price obtained by multiplying such Conversion Price by a fraction:

Adjustment Formula. If at any time or from time to time after the Original Issue Date date of the original issuance of shares of Series C Preferred Stock, the Corporation issues or sells, or is deemed by the provisions of this Section 5.8 7(e) to have issued or sold, Additional Shares of Common Stock (as hereinafter defined)Stock, otherwise other than in connection with a Common Stock Event as provided in Section 5.47(d)(i), a dividend or distribution as provided in Section 5.5 or 7(d)(ii), a recapitalization, reclassification or other change as provided in Section 5.67(d)(iii), or a reorganization, merger or consolidation as provided in section 5.7Section 7(d)(iv), for an Effective Price (as hereinafter defined) that is less than the Series C Conversion Price for the Series A Preferred Stock in effect immediately prior to such issue or sale (or deemed issue or sale), then, and in each such case, the Series C Conversion Price for such series of Preferred Stock shall be reduced, as of the close of business on the date of such issue or sale, sale to the price obtained by multiplying such Series C Conversion Price by a fraction:

Adjustment Formula. If Subject to the provisions of this Section 5(e), if at any time or from time to time after the Original Issue Date the Corporation issues or sells, or is deemed by the provisions of this Section 5.8 5(e) to have issued or sold, Additional Shares of Common Stock (as hereinafter defineddefined in Section 9), otherwise than in connection with a Common Stock Event as provided in Section 5.45(c), a dividend or distribution as provided in Section 5.5 or a recapitalization, reclassification reclassification, reorganization, merger, consolidation, sale of assets or other change as provided in Section 5.6, or a reorganization, merger or consolidation as provided in section 5.75(d), for an Effective Price (as hereinafter defineddefined in Section 9) that is less than the Conversion Price for the Series A B Preferred Stock in effect immediately prior to such issue or sale (or deemed issue or sale), then, and in each such case, the Conversion Price for such series of the Series B Preferred Stock shall be reducedadjusted, as of the close of business on the date of such issue or sale, to the price amount obtained by multiplying such Conversion Price by a fraction: