Common use of Adjustment to Conversion Price Clause in Contracts

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 4, the Company shall promptly mail to the Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company enters into a Variable Rate Transaction (as defined in the Securities Purchase Agreement (as defined below)), despite the prohibition thereon in the Securities Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 45, the Company shall promptly mail to the each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company enters into a Variable Rate Transaction (as defined in the Securities Purchase Agreement (as defined below)Agreement), despite the prohibition thereon in the Securities Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 45, the Company Issuer shall promptly mail to the each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company enters into Issuer or from and after the Consolidation Date, the Company, issues a Variable Rate Transaction (as defined in the Securities Purchase Agreement (as defined below))variable rate security, despite the prohibition thereon thereof in the Securities Purchase Agreement, the Company Issuer or the Company, as applicable, shall be deemed to have issued Common Stock or Common Stock Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised in the case of a Variable Rate Transaction (as defined in the Purchase Agreement).