Common use of Multiple Closing Dates Clause in Contracts

Multiple Closing Dates. In the event the Company shall issue on more than one date Additional Shares of Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Conversion Price pursuant to the terms of this Subsection 5(e), then upon the final such issuance, the Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without additional giving effect to any adjustments as a result of subsequent issuances within such period).

Appears in 2 contracts

Sources: Voting Agreement (GeoMet, Inc.), Investment Agreement (GeoMet, Inc.)

Multiple Closing Dates. In the event the Company Issuer shall issue on more than one date Additional Shares of Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Conversion Price pursuant to the terms of this Subsection 5(eSection 4.5(f)(iii), then then, upon the final such issuance, the Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without additional giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 2 contracts

Sources: Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.), Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.)

Multiple Closing Dates. In the event the Company shall issue on more than one date Additional Shares of Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Conversion Price pursuant to the terms of this Subsection 5(e)Section 11.2 then, then upon the final such issuance, the Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without additional giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Sources: Note and Warrant Purchase Agreement (Gelesis Holdings, Inc.)

Multiple Closing Dates. In the event the Company Borrower shall issue on more than one date Additional Shares of Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Conversion Price pursuant to the terms of this Subsection 5(e)Section 3 above, then then, upon the final such issuance, the Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without additional giving effect to any additional adjustments as a result of any such subsequent issuances within such period).

Appears in 1 contract

Sources: Credit Agreement (Lilis Energy, Inc.)

Multiple Closing Dates. In the event the Company Borrower shall issue on more than one date Additional Shares of Common Stock that are a part of one transaction or a series of related transactions and that would result in an adjustment to the Conversion Price pursuant to the terms of this Subsection 5(e)subsection 1.2.4(d) above, then then, upon the final such issuance, the Conversion Price shall be readjusted to give effect to all such issuances as if they occurred on the date of the first such issuance (and without additional giving effect to any adjustments as a result of such subsequent issuances within such period).

Appears in 1 contract

Sources: Convertible Promissory Note (Thermoenergy Corp)