Common use of Limit of Readjustments Clause in Contracts

Limit of Readjustments. No readjustment of the Conversion Price pursuant to Section 5(c)(v) or (vi) shall increase the Conversion Price more than the amount of any decrease made in respect of the Issue of any Options or Convertible Securities.

Appears in 2 contracts

Sources: Debenture and Warrant Purchase Agreement, Debenture and Warrant Purchase Agreement (Iteris Holdings Inc)