Common use of Certain Exceptions to Antidilution Protection Clause in Contracts

Certain Exceptions to Antidilution Protection. Notwithstanding --------------------------------------------- anything to the contrary in this Section 7, there shall be no adjustment to the --------- Exercise Price or to the number of Warrant Shares issuable upon exercise hereof: (i) in connection with the sale or issuance of the Warrant Certificates for an initial aggregate of 3,455,610 Common Shares issued to the Lenders (or their Affiliates) under the US Credit Agreement and warrant certificates for an initial aggregate of 584,597 Common Shares issued to the UK Banks under the Credit Facilities on the Original Issuance Date and all warrants issued upon the partial exercise, transfer or division of, or in substitution for, any such warrants, or any adjustment to the number of shares issuable pursuant thereto in accordance with the terms of any thereof; (ii) the issuance of any rights under the Company Rights Plan; or (iii) an exercise of options outstanding under the Company's stock plans on the Original Issuance Date, which options are listed on Schedule 3(d) to the Warrant and Registration Rights Agreement. -------------

Appears in 1 contract

Samples: Warrant and Registration Rights Agreement (Apw LTD)

AutoNDA by SimpleDocs

Certain Exceptions to Antidilution Protection. Notwithstanding --------------------------------------------- anything to the contrary in this Section 7, there shall be no adjustment to the --------- Exercise Price or to the number of Warrant Shares issuable upon exercise hereof: (i) in connection with the sale or issuance of the Warrant Certificates for an initial aggregate of 3,455,610 298,482 Common Shares issued to the Lenders (or their Affiliates) under the US Credit Agreement Facilities and warrant certificates for an initial aggregate of 584,597 1,771,349 Common Shares issued to the UK US Banks under the US Multicurrency Credit Facilities Agreement on the Original Issuance Date and all warrants issued upon the partial exercise, transfer or division of, or in substitution for, any such warrants, or any adjustment to the number of shares issuable pursuant thereto in accordance with the terms of any thereof; (ii) the issuance of any rights under the Company Rights Plan; or (iii) an exercise of options outstanding under the Company's stock plans on the Original Issuance Date, which options are listed on Schedule 3(d) to the Warrant and Registration Rights ------------- Agreement. -------------(d) (e) (i)

Appears in 1 contract

Samples: Warrant and Registration Rights Agreement (Apw LTD)

Certain Exceptions to Antidilution Protection. Notwithstanding --------------------------------------------- anything to the contrary in this Section 7, there shall be no adjustment to the --------- Exercise Price or to the number of Warrant Shares issuable upon exercise hereof: (i) in connection with the sale or issuance of the Warrant Certificates for an initial aggregate of 3,455,610 1,771,349 Common Shares issued to the Lenders (or their Affiliates) under the US Credit Agreement and warrant certificates for an initial aggregate of 584,597 298,482 Common Shares issued to the UK Banks under the UK Credit Facilities on the Original Issuance Date and all warrants issued upon the partial exercise, transfer or division of, or in substitution for, any such warrants, or any adjustment to the number of shares issuable pursuant thereto in accordance with the terms of any thereof; (ii) the issuance of any rights under the Company Rights Plan; or (iii) an exercise of options outstanding under the Company's stock plans on the Original Issuance Date, which options are listed on Schedule 3(d) to the Warrant and Registration Rights Agreement. -------------

Appears in 1 contract

Samples: Warrant and Registration Rights Agreement (Apw LTD)

AutoNDA by SimpleDocs

Certain Exceptions to Antidilution Protection. Notwithstanding anything --------------------------------------------- anything to the contrary in this Section 7, there shall be no adjustment to the Exercise --------- Exercise Price or to the number of Warrant Shares issuable upon exercise hereof: (i) in connection with the sale or issuance of the Warrant Certificates for an initial aggregate of 3,455,610 Common Shares issued to the Lenders (or their Affiliates) under the US Credit Agreement and warrant certificates for an initial aggregate of 584,597 Common Shares issued to the UK Banks under the UK Credit Facilities on the Original Issuance Date and all warrants issued upon the partial exercise, transfer or division of, or in substitution for, any such warrants, or any adjustment to the number of shares issuable pursuant thereto in accordance with the terms of any thereof; (ii) the issuance of any rights under the Company Rights Plan; or (iii) an exercise of options outstanding under the Company's stock plans on the Original Issuance Date, which options are listed on Schedule -------- 3(d) to the Warrant and Registration Rights Agreement. -----------------

Appears in 1 contract

Samples: Warrant and Registration Rights Agreement (Apw LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.