Common use of Dilutive Issuances Clause in Contracts

Dilutive Issuances. If and whenever the Company issues or sells any shares of Common Stock (or any Common Stock equivalents such as convertible securities or warrants or options) for an effective consideration per share on a weighted average basis of less then the Common Stock Exercise Price or for no consideration (such lower price, the “Base Share Price” and such issuances collectively, a “Dilutive Issuance”), then, the Common Stock Exercise Price shall be reduced to equal the Base Share Price, provided, that for purposes hereof, all shares of Common Stock that are issuable upon conversion, exercise or exchange of Common Stock equivalents shall be deemed outstanding immediately after the issuance of such Common Stock equivalents. Such adjustment shall be made whenever such shares of Common Stock or Capital Share Equivalents are issued.

Dilutive Issuances. If and whenever the Company issues or sells any shares of Common Stock (or any Common Stock equivalents such as convertible securities or warrants or options) for an effective consideration per share on a weighted average basis of less then the Common Stock Exercise Price or for no consideration (such lower price, the “"Base Share Price” " and such issuances collectively, a “"Dilutive Issuance”"), then, the Common Stock Exercise Price shall be reduced to equal the Base Share Price, provided, that for purposes hereof, all shares of Common Stock that are issuable upon conversion, exercise or exchange of Common Stock equivalents shall be deemed outstanding immediately after the issuance of such Common Stock equivalents. Such adjustment shall be made whenever such shares of Common Stock or Capital Share Equivalents are issued.

Dilutive Issuances. If and whenever the Company issues or sells any shares of Common Stock (or any Common Stock equivalents such as convertible securities or warrants or options) for an effective consideration per share on a weighted average basis of less than the then the Common Stock Exercise Price or for no consideration (such lower price, the “Base Share Price” and such issuances collectively, a “Dilutive Issuance”), then, the Common Stock Exercise Price shall be reduced to equal the Base Share Price, provided, that for purposes hereof, all shares of Common Stock that are issuable upon conversion, exercise or exchange of Common Stock equivalents shall be deemed outstanding immediately after the issuance of such Common Stock equivalents. Such adjustment shall be made whenever such shares of Common Stock or Capital Share Equivalents are issued.