Common use of Certain Issues Excepted Clause in Contracts

Certain Issues Excepted. Anything herein to the contrary ------------------------- notwithstanding, the Maker shall not be required to make any adjustment of the number of shares of Common Stock issuable upon conversion of the Notes upon the grant after the Issuance Date of, or the exercise after the Issuance Date of, options or warrants or rights to purchase stock under the Maker's existing stock option plan or options or warrants or rights to purchase stock issued to officers and/or directors of the Company.

Appears in 5 contracts

Sources: Convertible Promissory Note (Amanda Co Inc), Convertible Promissory Note (Amanda Co Inc), Convertible Promissory Note (Amanda Co Inc)

Certain Issues Excepted. Anything herein to the contrary ------------------------- notwithstanding, the Maker shall not be required to make any adjustment of the number of shares of Common Stock issuable upon conversion of the Notes upon the grant after the Issuance Date of, or the exercise after the Issuance Date of, options or warrants or rights to purchase stock under the Maker's existing or to be adopted (issued) stock option plan or options or warrants or rights to purchase stock issued to officers and/or directors of the Company.

Appears in 2 contracts

Sources: Secured Convertible Promissory Note (Armitec Inc), Secured Convertible Promissory Note (Armitec Inc)

Certain Issues Excepted. Anything herein to the contrary ------------------------- ----------------------- notwithstanding, the Maker shall not be required to make any adjustment of the number of shares of Common Stock issuable upon conversion of the Notes upon the grant after the Issuance Date of, or the exercise after the Issuance Date of, options or warrants or rights to purchase stock under the Maker's existing stock option plan or options or warrants or rights to purchase stock issued to officers and/or directors of the Companyplan.

Appears in 1 contract

Sources: Convertible Promissory Note (Vertel Corp)

Certain Issues Excepted. Anything herein to the contrary ------------------------- notwithstanding, the Maker shall not be required to make any adjustment of the number of shares of Common Stock issuable upon conversion of the Notes upon the grant after the Issuance Date of, or the exercise after the Issuance Date of, options or warrants or rights to purchase stock under the Maker's existing stock option plan or options or warrants or rights to purchase stock issued to officers and/or directors of the Company.

Appears in 1 contract

Sources: Note Agreement (Imaging Technologies Corp/Ca)

Certain Issues Excepted. Anything herein to the contrary ------------------------- notwithstanding, the Maker shall not be required to make any adjustment of the number of shares of Common Stock issuable upon conversion of the Notes upon the grant after the Issuance Date of, or the exercise after the Issuance Date of, options or warrants or rights to purchase stock under the Maker's existing stock option plan or options or warrants or rights to purchase stock issued to officers and/or directors of the Companyplan.

Appears in 1 contract

Sources: Senior Secured Convertible Promissory Note (Vertel Corp)