Common use of Adjustment in Number of Securities Clause in Contracts

Adjustment in Number of Securities. Upon each adjustment of the Common Stock Exercise Price pursuant to the provisions of this Section 11, the number of Warrant Shares issuable upon the exercise at the adjusted Common Stock Exercise Price of each Financial Advisor's Warrant shall be adjusted to the nearest number of whole shares of Common Stock by multiplying a number equal to the Common Stock Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Financial Advisor's Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Common Stock Exercise Price.

Appears in 5 contracts

Samples: Warrant Agreement (Medical Technology Systems Inc /De/), Advisor's Warrant Agreement (I Trax Inc), Advisor's Warrant Agreement (I Trax Inc)

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Adjustment in Number of Securities. Upon each adjustment of the Common Stock Exercise Price pursuant to the provisions of this Section 11, the number of Warrant Shares issuable upon the exercise at the adjusted Common Stock Exercise Price of each Financial AdvisorRepresentative's Warrant shall be adjusted to the nearest number of whole shares of Common Stock by multiplying a number equal to the Common Stock Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Financial AdvisorRepresentative's Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Common Stock Exercise Price.

Appears in 4 contracts

Samples: S Warrant Agreement (Casull Arms Corp), S Warrant Agreement (Casull Arms Corp), 'S Warrant Agreement (Alaron Com Holding Corp)

Adjustment in Number of Securities. Upon each adjustment of the Common Stock Exercise Price pursuant to the provisions of this Section 11, the number of Warrant Shares issuable upon the exercise at the adjusted Common Stock Exercise Price of each Financial AdvisorPlacement Agent's Warrant shall be adjusted to the nearest number of whole shares of Common Stock by multiplying a number equal to the Common Stock Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Financial AdvisorPlacement Agent's Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Common Stock Exercise Price.

Appears in 2 contracts

Samples: Warrant Agreement (Casull Arms Corp), Warrant Agreement (Medical Technology Systems Inc /De/)

Adjustment in Number of Securities. Upon each adjustment of the Common Stock Exercise Price pursuant to the provisions of this Section 118, the number of Warrant Shares shares of Common Stock issuable upon the exercise at the adjusted Common Stock Exercise Price of each Financial Advisor's Warrant shall be adjusted to the nearest number of whole shares of Common Stock full amount by multiplying a number equal to the Common Stock Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares shares of Common Stock issuable upon exercise of the Financial Advisor's Warrant Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Common Stock Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (RDM Sports Group Inc)

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Adjustment in Number of Securities. Upon each adjustment of the Common Stock Exercise Price pursuant to the provisions of this Section 11, the number of Warrant Shares issuable upon the exercise at the adjusted Common Stock Exercise Price of each Financial Advisor's ’s Warrant shall be adjusted to the nearest number of whole shares of Common Stock by multiplying a number equal to the Common Stock Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Financial Advisor's ’s Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Common Stock Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Stealth Medialabs Inc)

Adjustment in Number of Securities. Upon each adjustment of the Common Stock Exercise Price pursuant to the provisions of this Section 118, the number of Warrant Shares shares of Common Stock issuable upon the exercise at the adjusted Common Stock Exercise Price of each Financial Advisor's Warrant shall be adjusted to the nearest number of whole shares of Common Stock full share by multiplying a number equal to the Common Stock Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares shares of Common Stock issuable upon exercise of the Financial Advisor's Warrant Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Common Stock Exercise Price.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Xto Energy Inc)

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