Common use of Multiple Closing Dates Clause in Contracts

Multiple Closing Dates. In the event that the Company shall issue, after the Issue Date but prior to the Qualified Initial Public Offering Effective Date, on more than one date, Additional Shares of Common Stock (including Additional Shares of Common Stock deemed to be issued pursuant to Section 5.06(B)) that would result in an adjustment to the Conversion Rate pursuant to the terms of Section 5.06(B), as part of the same transaction or a series of related transactions, then, upon the final such issuance, the Conversion Rate shall be readjusted to give effect to all such issuances as if they had all occurred on the date of the first such issuance (and without giving any effect to any interim adjustments from such issuances that were part of the same transaction or series of related transactions).