Anti-Dilution Rights. (a) If at any time after the date hereof the Company declares or authorizes any dividend (other than a cash dividend), stock split, reverse stock split, combination, exchange of Shares, or there occurs any recapitalization, reclassification (including any consolidation or merger), sale or acquisition of property or stock, reorganization or liquidation, or if the outstanding Shares are changed into the same or a different number of Shares of the same or another class or classes of stock of the Company, then the Company shall cause effective provision to be made so that the Holder shall, upon exercise of this Warrant following such event, be entitled to receive the number of shares of stock or other securities or the cash or property of the Company (or of the successor corporation or other entity resulting from any consolidation or merger) to which the Warrant Shares (and any other securities) deliverable upon the exercise of this Warrant would have been entitled if this Warrant had been exercised immediately prior to the earlier of (i) such event and (ii) the record date, if any, set for determining the stockholders entitled to participate in such event, and the Exercise Price shall be adjusted appropriately so that the aggregate amount payable by the Holder upon the full exercise of this Warrant remains the same. The Company shall not effect any recapitalization, reclassification (including any consolidation or merger) unless, upon the consummation thereof, the successor corporation or entity shall assume by written instrument the obligation to deliver to the Holder the shares of stock, securities, cash or property that the Holder shall be entitled to acquire in accordance with the foregoing provisions, which instrument shall contain provisions calculated to ensure for the Holder, to the greatest extent practicable, the benefits provided for in this Warrant.
Anti-Dilution Rights. Associated agrees that the Membership Percentage represented by the Interest to be issued to Contributor under this Agreement (regardless of when any portion of such Interest is issued hereunder) shall not be diluted by the first $75 million of equity investments in Associated by the Original Shareholders and their Affiliates from the date of this Agreement through August 19, 1997 and shall be diluted in respect of any other equity investments by the Original Shareholders or their Affiliates after the date of this Agreement based upon (A) the amount of such equity investment and (B) the fair market value of Associated (as determined in good faith by the board of directors of Associated).
Anti-Dilution Rights. The holder hereof shall have certain anti-dilution protection as to the Shares of Common Stock to be issued upon exercise as specifically set forth in the Warrant Agreement which may result in the adjustment from time to time of the Purchase Price and/or the number of shares of Common Stock issuable upon the exercise hereof.
Anti-Dilution Rights. Except for the issuance of customarily excluded securities, the Conversion Ratio shall be subject to adjustment on a broad-based weighted average basis in the event that the Reorganized Parent issues additional equity securities at a purchase price less than the price implied by the then-current Conversion Ratio and shall be subject to customary adjustments for share splits, share combinations, share dividends, share reclassifications, or similar events. Securities Matters: Except as otherwise provided herein, all shares of Reorganized Parent Participating Preferred Stock and, upon conversion thereof, Reorganized Parent Common Stock shall be exempt from registration pursuant to section 1145 of the Bankruptcy Code or another applicable exemption from registration. Warrants Warrants to purchase 8% of the Reorganized Parent Common Stock (calculated after the DIP Equity Conversion, the DIP Backstop Equity Issuance and the Secured Claims Equity Conversion but before giving effect to dilution from the New Equity Incentive Plan or conversions, if any, of the Reorganized Parent Participating Preferred Stock), with a cashless exercise price equal to a total enterprise value that is the aggregate amount of the DIP Loans, the Secured Term Loan Debt, Secured Revolving Loan Debt, and the respective accrued interest thereon (the “Warrants”). The Warrants shall have a five (5) year term. Securities Matters: Warrants and shares of Reorganized Parent Common Stock issuable upon exercise thereof shall be exempt from registration pursuant to section 1145 of the Bankruptcy Code. Deleveraging Transactions Certain holders of DIP Claims (collectively, the “Deleveraging Commitment Parties”) will: commit (on a several basis) to the Reorganized Parent that the Reorganized Parent will be required to issue to the Deleveraging Commitment Parties, Reorganized Parent Common Stock, pro rata and on a dollar for dollar basis (calculated on the basis of a price per share equal to the Adjusted Common Stock Price Per Share), in lieu of issuing indebtedness under the Exit Facility, in an amount equal to the aggregate amount of indebtedness under the Exit Facility elected to be received by the non-Deleveraging Commitment Parties as contemplated above under “DIP Facility Claims” (subject to such amount not exceeding the aggregate amount of indebtedness under the Exit Facility otherwise allocated to the Deleveraging Commitment Parties, such amount, the “Exit Facility Available Amount”); and to...
Anti-Dilution Rights i) The Promoters and the Company undertake that, that the Promoters will not dilute their shareholding in the company till Investor is holding shares in the Company.
Anti-Dilution Rights. The other antidilution rights applicable to the Shares of Series Preferred purchasable hereunder are set forth in the Company’s Certificate of Incorporation, as amended through the Date of Grant, a true and complete copy of which has been supplied to the holder of this Warrant (the “Charter”). The Company shall promptly provide the holder hereof with any restatement, amendment, modification or waiver of the Charter promptly after the same has been made.
Anti-Dilution Rights. (a) In the event that, after the Merger Effective Time, NewCo issues or proposes to issue (other than to a member of the IAC Group and other than pursuant to an Excluded Issuance) any shares of NewCo Common Stock, including shares of NewCo Common Stock issued upon exercise, conversion or exchange of options, warrants and convertible securities (excluding shares of NewCo Class A Common Stock issued upon conversion of shares of NewCo Class B Common Stock) (each such issuance, an “Additional Issuance”), IAC shall have the right (but not the obligation) to purchase or to cause one or more other members of the IAC Group to purchase for cash at a price per share equal to the Issue Price:
Anti-Dilution Rights. The Employee will have anti-dilution rights of 4.0%. The Employee's shares of stock in the Company will at all times represent at least 4.0% ownership position of the Company's total outstanding shares on an "as if converted" basis, and the aggregate number of shares of Stock that Employee owns shall be adjusted proportionately by the Board of Directors of the Company for any increase in the number of outstanding shares of Stock resulting from the issuance of any additional equity securities by the Company.
Anti-Dilution Rights. Prior to all of the Series C Shares having been converted or redeemed, the Company agrees not to amend the anti-dilution rights of or grant any new such rights to WorldCom.
Anti-Dilution Rights. (a) Subject to Section 2.7(e), if at any time or from time to time within 9 months following the date of this Agreement the Company issues any Qualified Securities for cash (including any issuance of Qualified Securities that results, through a series of one or more related transactions, in the Company receiving, directly or indirectly, cash for such issuance), at a New Issuance Price that is less than the Reference Market Price (a “Triggering Issuance”), then within five Business Days of the consummation of such Triggering Issuance, the Company shall provide written notice to Investor of such Triggering Issuance, including (i) the New Issuance Price, (ii) the Aggregate Issuance Anti-Dilution Amount, (iii) the ADS Market Value as of the date of consummation of such Triggering Issuance and (iv) informing Investor that it is entitled to exercise its rights under this Section 2.7; provided, however, that, without the prior written consent of Investor, the Company shall not make any Triggering Issuance in respect of which the Company would be unable, pursuant to applicable law, to issue and deliver to Investor all or any portion of the ADSs in respect of the Aggregate Share Number specified in any Election Notice.
