Common use of Adjustment in Exercise Price Clause in Contracts

Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.

Appears in 13 contracts

Samples: Confidential Warrant Agreement, Class a Warrant Agent Agreement (Trilink Energy, Inc.), Warrant Agreement (Optical Cable Corp)

AutoNDA by SimpleDocs

Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein providedpursuant to Section 8.1(a), the Exercise Price payable upon exercise of for each Warrant Share immediately prior to such adjustment shall be adjusted (to the nearest cent) by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment the Adjustment Event and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafterafter the Adjustment Event.

Appears in 9 contracts

Samples: Warrant Agreement, Warrant Agreement (Macatawa Bank Corp), Warrant Agreement (Macatawa Bank Corp)

Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein providedprovided in this Section, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment adjustment, and of which the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Merit Medical Systems Inc), Cimetrix Inc

Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.10

Appears in 1 contract

Samples: Warrant Agreement (Streamlogic Corp)

Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable acquirable upon the exercise of each Warrant the Warrants is adjusted as herein providedprovided in Section 4(b), the Exercise Price payable upon exercise of each Warrant shall be adjusted to equal the Exercise Price immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price multiplied by a fraction, fraction (A) the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each for which a Warrant is exercisable immediately prior to such adjustment and (B) the denominator of which shall be the number of Warrant Shares purchasable for which a Warrant is exercisable immediately thereafter.after such adjustment. (d)

Appears in 1 contract

Samples: Ambac Financial Group Inc

AutoNDA by SimpleDocs

Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each this Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each this Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each this Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.

Appears in 1 contract

Samples: Warrant Agreement (Enlighten Software Solutions Inc)

Adjustment in Exercise Price. Whenever the number of Warrant Shares ---------------------------- purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.

Appears in 1 contract

Samples: Warrant Agreement (Vencor Inc /New/)

Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.multiplying

Appears in 1 contract

Samples: Class a Warrant Agreement (Hybrid Dynamics Corp)

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