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Common use of Reverse Split Clause in Contracts

Reverse Split. The Company effectuates a reverse split of its Common Stock without twenty (20) Trading Days prior written notice to the Holder.

Appears in 4 contracts

Sources: Securities Purchase Agreement (Brazil Minerals, Inc.), Securities Purchase Agreement (Competitive Technologies Inc), Convertible Promissory Note (Puramed Bioscience Inc.)

Related Clauses

  • Reverse Splits
  • Reverse Stock Split
  • Stock Split
  • Mergers, Recapitalizations, Stock Splits, Etc
  • Stock Splits

Parent Clauses

  • Covenants
  • Conditions to Closing
  • Other Agreements of the Parties
  • The Merger
  • Additional Agreements

Sub-Clauses

  • Termination
  • Representations and Warranties
  • Notices
  • Amendment
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