Common use of Adjustments Clause in Contracts

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 475 contracts

Samples: Common Stock Warrant Agreement (NEUROONE MEDICAL TECHNOLOGIES Corp), Warrant Agreement (Yelp Inc), Warrant Agreement (Life360, Inc.)

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Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Class A Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Class A Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 12 contracts

Samples: Common Stock Warrant Agreement (Dutch Bros Inc.), Common Stock Warrant Agreement (Definitive Healthcare Corp.), Common Stock Warrant Agreement (Rani Therapeutics Holdings, Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its issued and outstanding shares of Common Stock Warrant Securities into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the issued and outstanding shares of Common Stock of the Company Warrant Securities shall be combined consolidated into a smaller number of shares, the Warrant Price in effect immediately prior to such combination consolidation shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 8 contracts

Samples: Warrant Agreement (TerrAscend Corp.), Warrant Agreement (TerrAscend Corp.), Preferred Share Warrant Agreement (Milestone Pharmaceuticals Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 6 contracts

Samples: Warrant Agreement (Aurinia Pharmaceuticals Inc.), Common Share Warrant Agreement (Lineage Cell Therapeutics, Inc.), Common Shares Warrant Agreement (ObsEva SA)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities Shares purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities Shares purchasable under the Warrants shall be proportionately decreased.

Appears in 5 contracts

Samples: Common Stock Warrant Agreement (GTX Inc /De/), Common Stock Warrant Agreement (GTX Inc /De/), Common Stock Warrant Agreement (Xenoport Inc)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Ordinary Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Ordinary Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 4 contracts

Samples: Warrant Agreement (EHang Holdings LTD), Shares Warrant Agreement (Legend Biotech Corp), Ordinary Shares Warrant Agreement (Immunocore Holdings PLC)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding issued ordinary shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding ordinary shares of Common Stock of the Company shall be combined consolidated into a smaller number of shares, the Warrant Price in effect immediately prior to such combination consolidation shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC), Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC), Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Ordinary Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Ordinary Shares of the Company shall be combined consolidated into a smaller number of shares, the Warrant Price in effect immediately prior to such combination consolidation shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Warrant Agreement (Exscientia PLC), Warrant Agreement (Autolus Therapeutics PLC), Warrant Agreement (Renalytix PLC)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Ordinary Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Ordinary Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Warrant Agreement (UroGen Pharma Ltd.), Share Warrant Agreement (Autolus Therapeutics PLC), Warrant Agreement (Nexvet Biopharma PLC)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding Common shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Common Share Warrant Agreement (Axovant Gene Therapies Ltd.), Common Share Warrant Agreement (Myovant Sciences Ltd.), Common Share Warrant Agreement (Axovant Sciences Ltd.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Common Stock Warrant Agreement (Gladstone Capital Corp), Common Stock Warrant Agreement (Gladstone Investment Corporation\de)

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Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect 4. immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Common Stock Warrant Agreement (Spruce Biosciences, Inc.), Common Stock Warrant Agreement (Mirum Pharmaceuticals, Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding Class A ordinary shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding Class A ordinary shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Ordinary Share Warrant Agreement (Bitdeer Technologies Group), Warrant Agreement (Pagaya Technologies Ltd.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding ordinary shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding ordinary shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Warrant Agreement (Gamida Cell Ltd.), Share Warrant Agreement (SteadyMed Ltd.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (OncoCyte Corp)

Adjustments. (a) a. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Flex Pharma, Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Warrant Securities into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Warrant Securities of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (Crossroads Systems Inc)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Kosan Biosciences Inc)

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