Common use of No Dilution or Impairment Clause in Contracts

No Dilution or Impairment. The Company shall not amend its Articles of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance or sale of securities or any other voluntary action for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in carrying out all such action as may be reasonably necessary in order to protect the exercise rights of the holder against improper dilution or other impairment.

Appears in 22 contracts

Samples: Stock Warrant Agreement (Gopher Protocol Inc.), Warrant Agreement (Touchstone Bancshares, Inc.), Warrant Agreement (Touchstone Bancshares, Inc.)

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No Dilution or Impairment. The Company shall not amend its Articles ------------------------- of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance or sale of securities or any other voluntary action for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in carrying out all such action as may be reasonably necessary in order to protect the exercise rights of the holder against improper dilution or other impairment.

Appears in 2 contracts

Samples: Ebank Financial Services Inc, Ebank Financial Services Inc

No Dilution or Impairment. The Company shall not amend its ----------------------------- Articles of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance or sale of securities or any other voluntary action for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in carrying out all such action as may be reasonably necessary in order to protect the exercise rights of the holder against improper dilution or other impairment.

Appears in 2 contracts

Samples: Ebank Financial Services Inc, Ebank Financial Services Inc

No Dilution or Impairment. The Company shall not amend its Articles of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance issue or sale of securities or any other voluntary action action, for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in carrying out all such action as may be reasonably necessary or appropriate in order to protect the exercise conversion rights of the holder holders of the Preferred Stock against improper dilution or other impairment.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Pillowtex Corp), Preferred Stock Purchase Agreement (Pillowtex Corp)

No Dilution or Impairment. The Company shall not amend its Articles of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance issue, or sale of securities or any other voluntary action action, for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in carrying out all such action as may be reasonably necessary or appropriate in order to protect the exercise conversion rights of the holder holders of the Preferred Stock against improper dilution or other impairment.

Appears in 1 contract

Samples: Second Stock Purchase Agreement (Premier Concepts Inc /Co/)

No Dilution or Impairment. The Company shall not amend its Articles of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance issue or sale of securities or take any other voluntary action action, for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will shall at all times in good faith assist in carrying out all such action as may be reasonably necessary or appropriate in order to protect the exercise conversion rights of the holder holders of the Series A Preferred against improper dilution or other impairment.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Gene Logic Inc)

No Dilution or Impairment. The Company shall not amend its Articles of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance issue or sale of securities or any other voluntary action action, for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will shall at all times in good faith assist in carrying out all such action as may be reasonably necessary or appropriate in order to protect the exercise conversion rights of the holder holders of the Series A Preferred against improper dilution or other impairment.

Appears in 1 contract

Samples: Debt Conversion Agreement (American Soil Technologies Inc)

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No Dilution or Impairment. The Company shall not amend its Articles of ------------------------- Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance or sale of securities or any other voluntary action for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in carrying out all such action as may be reasonably necessary in order to protect the exercise rights of the holder against improper dilution or other impairment.

Appears in 1 contract

Samples: CNB Bancorp Inc/Va

No Dilution or Impairment. The Company shall not amend its Articles of Incorporation or participate in any reorganization, transfer of assets, consolidation, merger, dissolution, issuance issue or sale of securities or any other voluntary action action, for the purpose of avoiding or seeking to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will shall at all times in good faith assist in carrying out all such action as may be reasonably necessary or appropriate in order to protect the exercise conversion rights of the holder Holder against improper dilution or other impairment.

Appears in 1 contract

Samples: Stockholders Agreement (Singer Brad C)

No Dilution or Impairment. The Company shall not amend will not, by amendment of its Articles of Incorporation or participate in through any reorganization, transfer of assets, consolidation, merger, dissolution, issuance issue or sale of securities or any other voluntary action for the purpose of avoiding action, avoid or seeking seek to avoid the observance or performance of any of the terms to be observed or performed hereunder by the Company, but will at all times in good faith assist in the carrying out of all the provisions of this Section and in the taking of all such action as may be reasonably necessary or appropriate in order to protect the exercise rights privilege of the holder of this Warrant against improper dilution or other impairment.

Appears in 1 contract

Samples: Daleco Resources Corp

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