Common use of No Further Adjustment Clause in Contracts

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 13 contracts

Samples: Adoption Agreement (Gi Dynamics, Inc.), Exclusive License Agreement, Exclusive License Agreement

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No Further Adjustment. Upon any such conversionconversion of Series A Preferred Stock, no adjustment to the Series A Conversion Price shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion conversion, or on the Common Stock delivered upon conversion. The holder shall be credited for any accrued but unpaid dividends at the time of conversion to be paid in the form of, and at the time prescribed by, Section A.3.a and this Section A.5.

Appears in 3 contracts

Samples: Investment and Transaction Agreement (Id Systems Inc), Investment and Transaction Agreement (Id Systems Inc), Investment and Transaction Agreement (Id Systems Inc)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A B Conversion Price shall be made for any declared but unpaid dividends on the Series A B Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 3 contracts

Samples: Subscription Agreement (MyDx, Inc.), Capstone Therapeutics Corp., Adoption Agreement (Planet Technologies, Inc)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A 1 Conversion Price shall be made for any declared but unpaid dividends on the Series A 1 Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Zynerba Pharmeceuticals, Inc.), Agreement and Plan of Merger (Zynerba Pharmeceuticals, Inc.)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price shall be made for any accrued and unpaid or declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 2 contracts

Samples: Consent Agreement (ExamWorks Group, Inc.), Consent Agreement (ExamWorks Group, Inc.)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Preferred Conversion Price shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Series A Common Stock delivered upon conversion.

Appears in 2 contracts

Samples: Investors Agreement (Sunnova Energy International Inc.), Investors Agreement (Sunnova Energy International Inc.)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price and/or Series B Conversion Price, as applicable, shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Registration Rights Agreement (Vapotherm Inc)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Class A Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Panacea Acquisition Corp)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A D Conversion Price shall be made for any declared but unpaid dividends on the Series A D Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Convertible Preferred Stock and Warrant Purchase Agreement (Idera Pharmaceuticals, Inc.)

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No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price Rate, Series B Conversion Rate or Series C Conversion Rate, as applicable, shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Adoption Agreement (Arrowhead Research Corp)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price or the Series A-2 Conversion Price shall be made for any declared but unpaid dividends on the Series A Preferred Stock or the Series A-2 Preferred Stock, as the case may be, surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Investors’ Rights Agreement (Seres Therapeutics, Inc.)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price Price, Series B Conversion Price, and/or Series C Conversion Price, as applicable, shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Registration Rights Agreement (Vapotherm Inc)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price shall be made for any declared but unpaid dividends on the Series A Convertible Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Adamas One Corp.)

No Further Adjustment. Upon any such conversion, no adjustment to the Series A Conversion Price Price, Series B Conversion Price, Series C Converstion Price, and/or Series D Conversion Price, as applicable, shall be made for any declared but unpaid dividends on the Series A Preferred Stock surrendered for conversion or on the Common Stock delivered upon conversion.

Appears in 1 contract

Samples: Business Financing Agreement (Vapotherm Inc)

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