Common use of Common Stock Options; Subscription Rights; Convertible Securities Clause in Contracts

Common Stock Options; Subscription Rights; Convertible Securities. Upon any issuance by the Company on or after the Initial Issue Date of options, warrants, or rights to subscribe for shares of Common Stock or of any securities convertible into or exchangeable for shares of Common Stock or of any similar securities for a consideration per share other than the Market Price in effect immediately prior to the issuance of such options, warrants, rights or securities, the Purchase Price shall be reduced (and the number of shares of Common Stock purchasable upon the exercise of this Warrant shall be appropriately increased), by making computations in accordance with subsection (c) of this Section 6; provided that:

Appears in 5 contracts

Samples: Securities Purchase Agreement (Kevco Inc), Securities Purchase Agreement (Kevco Inc), Securities Purchase Agreement (Kevco Partners Investment Trust)

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Common Stock Options; Subscription Rights; Convertible Securities. Upon any issuance by the Company on or after the Initial Issue Date of options, warrants, or rights to subscribe for shares of Aggregate Common Stock or of any securities convertible into or exchangeable for shares of Aggregate Common Stock or of any similar securities for a consideration per share other than the Market Price in effect immediately prior to the issuance of such options, warrants, rights rights, or securities, the Purchase Exchange Price shall be reduced (and the number of shares of Series B Nonvoting Preferred Stock and Nonvoting Common Stock purchasable issuable upon the exercise exchange of this Warrant Notes shall be appropriately increased), ) by making computations in accordance with subsection subparagraph (c) of this Section 66.3; provided provided, however, that:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Kevco Partners Investment Trust), Securities Purchase Agreement (Kevco Inc), Kevco Inc

Common Stock Options; Subscription Rights; Convertible Securities. Upon any issuance by the Company on or after the Initial Issue Date of options, warrants, or rights to subscribe for shares of Aggregate Common Stock or of any securities convertible into or exchangeable for shares of Aggregate Common Stock or of any similar securities for a consideration per share other than the Market Price in effect immediately prior to the issuance of such options, warrants, rights or securities, the Purchase Exchange Price shall be reduced (and the number of shares of Series A Voting Preferred Stock and Voting Common Stock purchasable issuable upon the exercise exchange of this Warrant Notes shall be appropriately increased), ) by making computations in accordance with subsection subparagraph (c) of this Section 66.3; provided provided, however, that:

Appears in 3 contracts

Samples: Securities Purchase Agreement (Kevco Inc), Securities Purchase Agreement (Kevco Partners Investment Trust), Kevco Inc

Common Stock Options; Subscription Rights; Convertible Securities. Upon any issuance by the Company to any member of the Shareholder Group on or after the Initial Issue Date of options, warrants, options or rights to subscribe for shares of Common Stock or of any securities convertible into or exchangeable for shares of Common Stock or of any similar securities for a consideration per share other less than the Market Price in effect immediately prior to the issuance of such options, warrantsrights, rights or securities, the Purchase Price shall be reduced (and the number of shares of Common Stock purchasable upon the exercise of this Warrant shall be appropriately increasedincreased or reduced), by making computations in accordance with subsection (c) of this Section 6; provided that:

Appears in 1 contract

Samples: Stock Purchase Agreement (Kevco Inc)

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Common Stock Options; Subscription Rights; Convertible Securities. Upon any issuance by the Company on or after the Initial Issue Date of options, warrants, options or rights to subscribe for shares of Common Stock or of any securities convertible into or exchangeable for shares of Common Stock or of any similar securities for a consideration per share other than the Market Price in effect immediately prior to the issuance of such options, warrants, rights or securities, the Purchase Price shall be reduced (and the number of shares of Common Stock purchasable upon the exercise of this Warrant shall be appropriately increased), by making computations in accordance with subsection (c) of this Section 6; provided that:

Appears in 1 contract

Samples: Stock Purchase Agreement (Kevco Inc)

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