Common use of Adjustment in Number of Warrant Shares Clause in Contracts

Adjustment in Number of Warrant Shares. When any adjustment is -------------------------------------- required to be made in the Exercise Price, the number of Warrant Shares issuable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 3 contracts

Samples: Extension Agreement, Igi Inc, Igi Inc

AutoNDA by SimpleDocs

Adjustment in Number of Warrant Shares. When any adjustment is -------------------------------------- required to be made in the Exercise Price, the number of Warrant Shares issuable purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Igi Inc, Igi Inc

Adjustment in Number of Warrant Shares. When any adjustment is -------------------------------------- required to be made in the Exercise Price, the number of Warrant Shares issuable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Igi Inc, Igi Inc

Adjustment in Number of Warrant Shares. When any adjustment is -------------------------------------- required to be made in the Exercise Price, the number of Warrant Shares issuable purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Igi Inc, Igi Inc

AutoNDA by SimpleDocs

Adjustment in Number of Warrant Shares. When any adjustment is -------------------------------------- --------------------------------------- required to be made in the Exercise PricePrice pursuant to subsections 2(a) or 2(b), the number of Warrant Shares issuable purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Senesco Technologies Inc

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