Common use of Adjustment in Exercise Price Clause in Contracts

Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 10, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredth) obtained from the following formula: E'= E x N - N' where: E'= the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N'= the adjusted number of Warrant Shares issuable up onexercise of a Warrant. N = the number or Warrant Shares previously issuable upon exercise of a Warrant prior to adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Geokinetics Inc)

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Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 10, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredth) obtained from the following formula: E'= E x N - N/N' where: E'= E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N'= N' = the adjusted number of Warrant Shares issuable up onexercise on exercise of a Warrant. N = the number or Warrant Shares previously issuable upon exercise of a Warrant prior to adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Geokinetics Inc)

Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 106, the Exercise Price for each this Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredthhundredth of one cent) obtained from the following formula: E'= E x N - --- N' where: E'= E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N'= N' = the adjusted number of Warrant Shares issuable up onexercise upon exercise or exchange of a this Warrant. N = the number or Warrant Shares previously issuable upon exercise or exchange of a this Warrant prior to adjustment.

Appears in 1 contract

Samples: Magellan Health Services Inc

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Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 10, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredthhundredth of one cent) obtained from the following formula: E'= E x N - -- N' where: E'= E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N'= N' = the adjusted number of Warrant Shares issuable up onexercise upon exercise of a Warrant. N = the number or Warrant Shares previously issuable upon exercise of a Warrant prior to adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Concentra Operating Corp)

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