Common use of MINIMUM PRICING Clause in Contracts

MINIMUM PRICING. The Initial Purchase Price of the respective Put must be equal to or greater than $0.10 per share (the “Floor Price”, subject to appropriate adjustments for any stock dividend, stock split, stock combination, rights offerings, reclassification or similar transaction that proportionately decreases or increases the Common Stock) of Common Stock), provided, however, that the Company may in its sole discretion decrease the Floor Price at any time by giving written notice of such decrease to Investor.

Appears in 1 contract

Sources: Equity Purchase Agreement (Perfect Moment Ltd.)

MINIMUM PRICING. The Initial Purchase Price of the respective Put must be equal to or greater than $0.10 1.00 per share (the “Floor Price”, subject to appropriate adjustments for any stock dividend, stock split, stock combination, rights offerings, reclassification or similar transaction that proportionately decreases or increases the Common Stock) of Common Stock), provided, however, that the Company may in its sole discretion decrease the Floor Price at any time by giving written notice of such decrease to Investor.

Appears in 1 contract

Sources: Equity Purchase Agreement (Neonc Technologies Holdings, Inc.)