Securities Issuance. Pledgor shall not issue any of its stock for $0.25 per share or less, nor shall Pledgor issue any note, warrant, debenture or other security which may convert or be exercised to acquire Pledgor's stock for $0.25 per share or less, except as reflected in the securities issued pursuant to the Memorandum.
Appears in 1 contract
Securities Issuance. Pledgor shall not issue any of its stock for $0.25 per share or less, nor shall Pledgor issue any note, warrant, debenture or other security which may convert or be exercised to acquire Pledgor's stock for $0.25 per share or less, except as reflected in the securities issued pursuant to the Memorandum.
Appears in 1 contract
Securities Issuance. Pledgor shall not issue any of its stock for $0.25 0.20 per share or less, nor shall Pledgor issue any note, warrant, debenture or other security which may convert or be exercised to acquire Pledgor's stock for $0.25 0.20 per share or less, except as reflected in the case of securities issued pursuant to the MemorandumMemorandum or unless the antidilution clause contained in the Loan Instruments is applicable.
Appears in 1 contract
Samples: Registration Rights Agreement (World Wireless Communications Inc)
Securities Issuance. Pledgor shall not issue any of its stock for less than $0.25 0.05 per share or lessshare, nor shall Pledgor issue any note, warrant, debenture or other security which may convert or be exercised to acquire Pledgor's stock for less than $0.25 0.05 per share or lessshare, except as reflected in the case of securities issued pursuant to the MemorandumMemorandum or unless the antidilution clause contained in the Loan Instruments is applicable."
Appears in 1 contract
Samples: World Wireless Communications Inc
