Common use of Adjustment in Number of Shares Clause in Contracts

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 28 contracts

Samples: Warrant Agreement (Bioshield Technologies Inc), Warrant Agreement (Homecom Communications Inc), Warrant Agreement (Homecom Communications Inc)

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Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 78, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share number by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 19 contracts

Samples: Warrant Agreement (American Marine Recreation Inc), Warrant Agreement (Workstream Inc), Warrant Agreement (Ayurcore Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 78, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 11 contracts

Samples: Warrant Agreement (Noble International LTD), Warrant Agreement (Commonwealth Associates), Warrant Agreement (Commonwealth Associates)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 78, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share Share, by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 8 contracts

Samples: Warrant Agreement (National Lampoon Inc), Warrant Agreement (Nephros Inc), Warrant Agreement (Intelli Check Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article Section 7, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 5 contracts

Samples: Applied Dna Sciences (Applied Dna Sciences Inc), Warrant Agreement (Bio-Life Labs Inc.), Warrant Agreement (Zymetx Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7Article, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 4 contracts

Samples: Warrant Agreement (Immtech International Inc), Warrant Agreement (Immtech International Inc), Warrant Agreement (Immtech International Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share number by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained determined by the adjusted Exercise Price.

Appears in 2 contracts

Samples: Share Exchange Agreement (Precom Technology Inc), Warrant Agreement (Precom Technology Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7Section 8, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 2 contracts

Samples: Warrant Agreement (Dcap Group Inc/), Warrant Agreement (Vianet Technologies Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 78, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share number by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price. 8.4.

Appears in 2 contracts

Samples: Warrant Agreement (Internet Financial Services Inc), Warrant Agreement (Ibs Interactive Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article paragraph 7, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Purchase Agreement (Metalclad Corp)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article Section 7, the number of Warrant Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Ribogene Inc / Ca/)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7Article, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Immtech International Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 78, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share whole number by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.multi-

Appears in 1 contract

Samples: Warrant Agreement (Gary Player Golf Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7Section 8, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share Share, by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Redline Performance Products Inc)

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Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share number by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Enesco Group Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise ------------------------------ Price pursuant to the provisions of this Article 7Section 8, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Turbochef Technologies Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price exercise price pursuant to the provisions of this Article 7Section 6, the number of Warrant Shares issuable upon the exercise of each Warrant the Warrants shall be adjusted to the nearest full Share share by multiplying a number equal to the Exercise Price exercise price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Priceexercise price.

Appears in 1 contract

Samples: Warrant Agreement (Magna Lab Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7Section 7(a), the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Applied Dna Sciences Inc

Adjustment in Number of Shares. Upon each adjustment of the Exercise ------------------------------- Price pursuant to the provisions of this Article Section 7, the number of Warrant Shares issuable upon the exercise of each Warrant the Warrants shall be adjusted to the nearest full Share amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the time Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Data Critical Corp)

Adjustment in Number of Shares. Upon each adjustment of the ------------------------------ Exercise Price pursuant to the provisions of this Article 7Section 8, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Musicmaker Com Inc)

Adjustment in Number of Shares. Upon each adjustment of the ------------------------------ Exercise Price pursuant to the provisions of this Article 7Section 8, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (KFX Inc)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7Section 8, the number of Warrant Shares issuable upon the exercise of each Warrant the Warrants shall be adjusted to the nearest full Share amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Acln LTD)

Adjustment in Number of Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Article 7Section 9, the number of Shares issuable upon the exercise of each Warrant shall be adjusted to the nearest full Share amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Just Toys Inc)

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