Common use of Issuance of Additional Shares Clause in Contracts

Issuance of Additional Shares. If at any time or from time to time after the date hereof, the Company shall issue or sell Additional Shares of Common Stock or DSW shall issue or sell Additional Shares of DSW Stock, (including Additional Shares of Common Stock or Additional Shares of DSW Stock, as the case may be, deemed to be issued pursuant to Section 3.5(b)) for a consideration per share less than the Current Market Price thereof but greater than the applicable Purchase Price in effect immediately prior to such issue or sale, then, and in each such case, subject to Section 3.8, the applicable Purchase Price shall be reduced concurrently with such issue or sale, to a price (calculated to the nearest .01 of a cent) determined by multiplying such applicable Purchase Price by a fraction

Appears in 9 contracts

Sources: Common Stock Purchase Warrant (Retail Ventures Inc), Warrant Agreement (Retail Ventures Inc), Warrant Agreement (Retail Ventures Inc)