Common use of Adjustment Mechanism Clause in Contracts

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 6.2, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by the adjusted Exercise Price per share, to equal the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price before adjustment.

Appears in 4 contracts

Sources: Warrant Agreement (Advanced Technology Industries Inc), Warrant Agreement (Advanced Technology Industries Inc), Warrant Agreement (Advanced Technology Industries Inc)

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6.26, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock the Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted Exercise Price purchase price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock the Holder is entitled to purchase before adjustment multiplied by the total Exercise Price purchase price before adjustment.

Appears in 2 contracts

Sources: Common Stock Purchase Warrant (Starbase Corp), Warrant Agreement (Starbase Corp)

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6.27, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted Exercise Price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price before adjustment.

Appears in 2 contracts

Sources: Convertible Promissory Note (Morgan Beaumont, Inc.), Warrant Agreement (Morgan Beaumont Inc)

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6.26, the Holder shall be entitled to purchase such number of additional shares of Common Stock stock as will cause (I) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted Exercise Price purchase price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price purchase price before adjustment.

Appears in 2 contracts

Sources: Warrant Agreement (Starbase Corp), Warrant Agreement (Starbase Corp)

Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 6.2, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted Exercise Price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price before adjustment.

Appears in 1 contract

Sources: Warrant Agreement (Genio Group Inc)