Common use of Reverse Stock Split Clause in Contracts

Reverse Stock Split. The Company fails to reduce its outstanding shares via a reverse stock split to provide a number of authorized and unissued shares of Common Stock sufficient to permit the conversion of this Note and the conversion or exercise, as applicable, of all other outstanding securities of the Company convertible into or exercisable for shares of Common Stock of the Company on or before December 31, 2023.

Reverse Stock Split. The Company fails to reduce its outstanding shares via a reverse stock split to provide a number of authorized and unissued shares of Common Stock sufficient to permit the conversion of this Note and the conversion or exercise, as applicable, of all other outstanding securities of the Company convertible into or exercisable for shares of Common Stock of the Company on or before December 31, 20232022.

Reverse Stock Split. The Company fails to reduce its outstanding shares via shall have effected a reverse stock split to provide a number of authorized and unissued shares of Common Stock sufficient to permit the conversion of this Note and the conversion or exercise, as applicable, of all other outstanding securities of the Company convertible into or exercisable for shares of Common Stock at the ratio of 75 shares to 1 share, provided that no shareholder of the Company on will have his or before December 31, 2023its ownership reduced to less than 100 shares.