Common use of No Reverse Split Clause in Contracts

No Reverse Split. The Company shall not effectuate a reverse split of the Common Stock without the prior written consent of the Buyers. If the Company breaches this Section 4(m), the Company shall be deemed to be in default under the Debentures.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Amnis Systems Inc), Securities Purchase Agreement (Amnis Systems Inc)

No Reverse Split. The Company shall not effectuate a reverse split of the Common Stock without the prior written consent of the BuyersBuyer. If the Company breaches this Section 4(m), the Company shall be deemed to be in default under the Debentures.

Appears in 1 contract

Sources: Securities Purchase Agreement (Amnis Systems Inc)