Common use of Adjustment Certificate Clause in Contracts

Adjustment Certificate. When any adjustment is required to be made in the Shares or the Exercise Price pursuant to this Section, PhotoLoft shall promptly mail to BUYER a certificate setting forth (i) a brief statement of the facts requiring such adjustment, (ii) the Exercise Price after such adjustment and (iii) the kind and amount of stock or other securities or property into which the Warrants shall be exercisable after such adjustment.

Appears in 3 contracts

Samples: Warrant Agreement (Photoloft Com), Warrant Agreement (Photoloft Com), Warrant Agreement (Photoloft Com)

AutoNDA by SimpleDocs

Adjustment Certificate. When any adjustment is required to be made in the Shares or the Exercise Price pursuant to this Section, PhotoLoft shall promptly mail to BUYER Holder a certificate setting forth (i) a brief statement of the facts requiring such adjustment, (ii) the Exercise Price after such adjustment and (iii) the kind and amount of stock or other securities or property into which the Warrants shall be exercisable after such adjustment.

Appears in 3 contracts

Samples: Warrant Agreement (Photoloft Com), Warrant Agreement (Photoloft Com), Warrant Agreement (Intellect Capital Group LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.