Common use of Adjustments for Issuance of Additional Shares of Common Stock Clause in Contracts

Adjustments for Issuance of Additional Shares of Common Stock. (A) In the event the Company, shall, at any time, from time to time, issue or sell any additional shares of common stock (other than pursuant to Stock Equivalents (hereafter defined) granted or issued prior to the issuance date of this Note) (“Additional Shares of Common Stock”), at a price per share less than the Exercise Price then in effect or without consideration, then the Exercise Price upon each such issuance shall be adjusted to that price (rounded to the nearest cent) determined by multiplying each of the Exercise Price then in effect by a fraction:

Appears in 3 contracts

Samples: Dais Analytic Corp, Dais Analytic Corp, Dais Analytic Corp

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Adjustments for Issuance of Additional Shares of Common Stock. (Ai) In the event the Company, shall, at any time, from time to time, issue or sell any additional shares of common stock Common Stock (other than pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the issuance date of this NoteWarrant) (“Additional Shares of Common Stock”), at a price per share less than the Exercise Price then in effect or without consideration, then the Exercise Price upon each such issuance shall be adjusted to that price (rounded to the nearest cent) determined by multiplying each of the Exercise Price then in effect by a fraction:

Appears in 3 contracts

Samples: Link Resources Inc., Tanke Biosciences Corp, Link Resources Inc.

Adjustments for Issuance of Additional Shares of Common Stock. (Ai) In the event the Company, shall, at any time, from time to time, issue or sell any additional shares of common stock Common Stock (other than pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the issuance date of this Note) Warrant (“Additional Shares of Common Stock”), at a price per share less than the Exercise Price then in effect or without consideration, then the Exercise Price upon each such issuance shall be adjusted to that price (rounded to the nearest cent) determined by multiplying each of the Exercise Price then in effect by a fraction:

Appears in 2 contracts

Samples: U.S. China Mining Group, Inc., U.S. China Mining Group, Inc.

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Adjustments for Issuance of Additional Shares of Common Stock. (Ai) In the event the Company, shall, at any time, from time to time, issue or sell any additional shares of common stock Common Stock (other than (x) pursuant to Common Stock Equivalents (hereafter defined) granted or issued prior to the issuance date of this Warrant or (y) upon the conversion of a Note) (“Additional Shares of Common Stock”), at a price per share less than the Exercise Price then in effect or without consideration, then the Exercise Price upon each such issuance shall be adjusted to that price (rounded to the nearest cent) determined by multiplying each of the Exercise Price then in effect by a fraction:

Appears in 1 contract

Samples: Yayi International Inc

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