Common use of Certain Permitted Actions Clause in Contracts

Certain Permitted Actions. Notwithstanding the limitations and --------------------------- restrictions set forth elsewhere in this Agreement: (a) The Investors and their Permitted Transferees shall have the right to acquire the Convertible Preferred Stock and the Redeemable Preferred Stock and to convert the Convertible Preferred Stock and acquire Common Stock issuable upon conversion of the Convertible Preferred Stock (or upon conversion, exercise or exchange of any securities received from Matria in exchange for the Convertible Preferred Stock) and shall have the right to acquire any Matria securities distributed as a dividend, because of an adjustment resulting from the operation of anti-dilution provisions, or otherwise in respect of Convertible Preferred Stock or any securities received from Matria in exchange for the Convertible Preferred Stock. (b) The Investors and their Permitted Transferees shall have the right to acquire the Warrants and to exercise the Warrants and acquire Common Stock issuable upon exercise of the Warrants (or upon conversion, exercise or exchange of any securities received from Matria in exchange for the Warrants) and shall have the right to acquire any Matria securities distributed as a dividend, because of an adjustment resulting from the operation of anti-dilution provisions, or otherwise in respect of the Warrants or any securities received from Matria in exchange for the Warrants.

Certain Permitted Actions. Notwithstanding the limitations and --------------------------- restrictions set forth elsewhere in this Agreement: (a) The Investors and their Permitted Transferees shall have the right to acquire the Convertible Preferred Stock and the Redeemable Preferred Stock and to convert the Convertible Preferred Stock and acquire Common Stock issuable upon conversion of the Convertible Preferred Stock (or upon conversion, exercise or exchange of any securities received from Matria in exchange for the Convertible Preferred Stock) and shall have the right to acquire any Matria securities distributed as a dividend, because of an adjustment resulting from the operation of anti-dilution provisions, or otherwise in respect of Convertible Preferred Stock or any securities received from Matria in exchange for the Convertible Preferred Stock. (b) The Investors and their Permitted Transferees shall have the right to acquire the Warrants and to exercise the Warrants and acquire Common Stock issuable upon exercise of the Warrants (or upon conversion, exercise or exchange of any securities received from Matria in exchange for the Warrants) and shall have the right to acquire any Matria securities distributed as a dividend, because of an adjustment resulting from the operation of anti-dilution provisions, or otherwise in respect of the Warrants or any securities received from Matria in exchange for the Warrants.