Common use of Other Anti-Dilution Provisions Clause in Contracts

Other Anti-Dilution Provisions. To the extent that the initial Holder continues to hold this Warrant, in whole or in part, at any time at which the Company takes any action which would have resulted in an adjustment to the exercise price of, and the number of shares of Common Stock issuable pursuant to, this Warrant (a "DILUTIVE ISSUANCE"), then, to the extent that the initial Holder has exercised all or any portion of this Warrant prior to such time, the Company shall immediately issue to the initial Holder upon such Dilutive Issuance, without the payment of any further consideration of any kind, such number of additional shares of Common Stock as shall equal the difference between (i) the number of shares of Common Stock issuable upon the exercise of this Warrant to the extent held unexercised by the initial Holder at such time after giving effect to the adjustment thereto resulting from such Dilutive Issuance and (ii) the number of shares of Common Stock which would have been issuable upon exercise of this Warrant after giving effect to such Dilutive Issuance if this Warrant had not been exercised in any part.

Appears in 2 contracts

Samples: Levine Leichtman Capital Partners Ii Lp, Levine Leichtman Capital Partners Ii Lp

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Other Anti-Dilution Provisions. To the extent that the initial Holder continues to hold LLCP or any of its Affiliates holds this Warrant, in whole or in part, at any time at which the Company takes any action which would have resulted in an adjustment to the exercise price ofWarrant Purchase Price, and or the number of shares of Common Stock issuable pursuant to, to this Warrant (in either event, a "DILUTIVE ISSUANCEDilutive Issuance"), then, to the extent that the initial Holder LLCP has exercised all or any portion of this Warrant prior to such time, the Company shall immediately issue to the initial Holder LLCP upon such Dilutive Issuance, without the payment of any further consideration of any kind, such number of additional shares of Common Stock as shall equal the difference between (i) the number of shares of Common Stock issuable upon the exercise of this Warrant to the extent held unexercised by the initial Holder LLCP at such time after giving effect to the adjustment thereto resulting from such Dilutive Issuance and (ii) the number of shares of Common Stock which would have been issuable upon exercise of this Warrant after giving effect to such Dilutive Issuance if this Warrant had not been exercised in any part.

Appears in 2 contracts

Samples: Levine Leichtman Capital Partners Ii Lp, Overhill Farms Inc

Other Anti-Dilution Provisions. To the extent that the initial Holder continues to hold LLCP or any of its Affiliates holds this Warrant, in whole or in part, at any time at which the Company takes any action which would have resulted in an adjustment to the exercise price ofWarrant Purchase Price, and or the number of shares of Common Stock issuable pursuant to, to this Warrant (in either event, a "DILUTIVE ISSUANCEDilutive Issuance"), then, to the extent that the initial Holder LLCP has exercised all or any portion of this Warrant prior to such time, the Company shall immediately issue to the initial Holder LLCP upon such Dilutive Issuance, without the payment of any further consideration of any kind, such number of additional shares of Common Stock as shall equal the difference between (i) the number of shares of Common Stock issuable upon the exercise of this Warrant to the extent held unexercised by the initial Holder LLCP at such time after giving effect to the adjustment thereto resulting from such Dilutive Issuance and (ii) the number of shares of Common Stock which would have been issuable upon exercise of this Warrant after giving effect to such Dilutive Issuance if this Warrant had not been exercised in any part.

Appears in 1 contract

Samples: Levine Leichtman Capital Partners Ii Lp

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Other Anti-Dilution Provisions. To the extent that the initial Holder Xxxxxx Xxxxxxxxx Capital Partners II, L.P. or any of its Affiliates (collectively, "LLCP") continues to hold this Warrant, in whole or in part, at any time at which the Company takes any action which would have resulted in an adjustment to the exercise price of, and the number of shares of Common Stock issuable pursuant to, this Warrant (a "DILUTIVE ISSUANCE"), then, to the extent that the initial Holder LLCP has exercised all or any portion of this Warrant prior to such time, the Company shall immediately issue to the initial Holder LLCP upon such Dilutive Issuance, without the payment of any further consideration of any kind, such number of additional shares of Common Stock as shall equal the difference between (i) the number of shares of Common Stock issuable upon the exercise of this Warrant to the extent held unexercised by the initial Holder LLCP at such time after giving effect to the adjustment thereto resulting from such Dilutive Issuance and (ii) the number of shares of Common Stock which would have been issuable upon exercise of this Warrant after giving effect to such Dilutive Issuance if this Warrant had not been exercised in any part.

Appears in 1 contract

Samples: Levine Leichtman Capital Partners Ii Lp

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