Common use of No Further Adjustment Clause in Contracts

No Further Adjustment. Upon any conversion of shares of Preferred Stock, no adjustment to the Conversion Price of the applicable series of Preferred Stock will be made with respect to the converted shares for any declared but unpaid dividends on such series of Preferred Stock or on the Common Stock delivered upon conversion.

Appears in 3 contracts

Sources: License Agreement (Abpro Corp), License Agreement (Abpro Corp), Investors’ Rights Agreement

No Further Adjustment. Upon any conversion of shares of Preferred Stock, no adjustment to the Conversion Price of the applicable series of Preferred Stock will be made with respect to the converted shares for any declared but unpaid dividends on such series of Preferred Stock or on the Common Stock delivered upon conversion.. 3.4

Appears in 1 contract

Sources: Series D Preferred Stock Purchase Agreement (Caladrius Biosciences, Inc.)

No Further Adjustment. Upon any conversion of shares of Preferred Stock, no adjustment to the Conversion Price Ratio of the applicable series of Preferred Stock will shall be made with respect to the converted shares for any declared but unpaid dividends on such series of Preferred Stock or on the Common Stock delivered upon conversion.

Appears in 1 contract

Sources: Merger Agreement (Freeze Tag, Inc.)