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 Section 5, the Company shall promptly deliver to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything in this Section 5 to the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above).

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company enters into a Variable Rate Transaction, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above)lowest possible conversion 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 Section 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company issues a variable rate security, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase lowest possible conversion or exercise price at which such securities may be converted or exercised in the Conversion Price (other than proportional increases upon the occurrence case of a reverse stock split Variable Rate Transaction (as defined in accordance with Section 5(a) abovethe Purchase Agreement).

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything in this Section 5 If the Company issues a variable rate security the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above)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 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company enters into a Variable Rate Transaction, despite the prohibition set forth in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above)lowest possible conversion 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 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything in this Section 5 If the Company issues a variable rate security, despite any prohibition thereon, the Company shall be deemed to have issued Common Stock or Common Stock equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above)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 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company issues, a variable rate security, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase lowest possible conversion or exercise price at which such securities may be converted or exercised in the Conversion Price (other than proportional increases upon the occurrence case of a reverse stock split Variable Rate Transaction (as defined in accordance with Section 5(a) abovethe Purchase Agreement).

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustmentadjustment and basic terms of the dilutive security. Notwithstanding anything If the Company enters into a Variable Rate Transaction, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above)lowest possible conversion price at which such securities may be converted or exercised.

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision paragraph of this Section 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company issues a variable rate security, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase lowest possible conversion or exercise price at which such securities may be converted or exercised in the Conversion Price (other than proportional increases upon the occurrence case of a reverse stock split Variable Rate Transaction (as defined in accordance with Section 5(a) abovethe Purchase Agreement).

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company issues a variable rate security, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase lowest possible conversion 20 or exercise price at which such securities may be converted or exercised in the Conversion Price (other than proportional increases upon the occurrence case of a reverse stock split Variable Rate Transaction (as defined in accordance with Section 5(a) abovethe Purchase Agreement).

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and basic terms of the dilutive security and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company enters into a Variable Rate Transaction, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above)lowest possible conversion 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 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything in this Section 5 If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase the Conversion Price (other than proportional increases upon the occurrence of a reverse stock split in accordance with Section 5(a) above)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 5, the Company shall promptly deliver mail to each Holder a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company issues a security in this Section 5 a Variable Rate Transaction, despite the prohibition thereon in the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase lowest possible conversion or exercise price at which such securities may be converted or exercised in the Conversion Price (other than proportional increases upon the occurrence case of a reverse stock split in accordance with Section 5(a) above)Variable Rate Transaction.

Adjustment to Conversion Price. Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall promptly deliver mail to each Holder Lender a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. Notwithstanding anything If the Company issues a variable rate security, despite the prohibition thereon in this Section 5 the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock Equivalents at the contrary, no adjustment pursuant to this Section 5 shall increase lowest possible conversion or exercise price at which such securities may be converted or exercised in the Conversion Price (other than proportional increases upon the occurrence case of a reverse stock split Variable Rate Transaction (as defined in accordance with Section 5(a) abovethe Purchase Agreement).