Adjustment of Exercise Rate. The number of Warrant Shares for which a Warrant may be exercised (the "Exercise Rate") is subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 10. For purposes of this Section 10, "Common Stock" means shares now or hereafter authorized of any class of common stock of the Company, including the Common Stock, and any other stock of the Company, howsoever designated, authorized after this date hereof, has the right (subject always to prior rights of any class or series of preferred stock) to participate in any distribution of the assets and earnings of the Company without limit as to per share amount.
Adjustment of Exercise Rate. The Exercise Rate is subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 13. For purposes of this Section 13, "Class B Shares" means the Class B Shares and any other stock of the Company, however designated, for which the Warrants may be exercisable.
Adjustment of Exercise Rate. 8 SECTION 14.
Adjustment of Exercise Rate. The Exercise Rate is subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 13. For purposes of this Section 13, "Common Stock" means the Common Stock and any other stock of the Company, however designated, for which the Warrants may be exercisable.
Adjustment of Exercise Rate. 15 SECTION 13. No Dilution or Impairment ..................................... 19
Adjustment of Exercise Rate. The Exercise Rate with respect to a class of Junior Shares shall be subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 12.
Adjustment of Exercise Rate. [TO BE REVISED AS APPROPRIATE -- --------------------------- The number of shares of Stock purchasable upon the exercise of each Warrant (the "Exercise Rate") shall be subject to adjustment as provided in this Section.
Adjustment of Exercise Rate. If and whenever the Company issues or sells, or in accordance with this Section 8.2 hereof is deemed to have issued or sold, any shares of Common Stock for a consideration per share less than the then Exercise Price or for no consideration (such lower price, the "Base Share Price" and such issuances collectively, a "Dilutive Issuance"), then, the Exercise Price shall be reduced to equal the Base Share Price; provided, that for purposes hereof, all shares of Common Stock that are issuable upon conversion, exercise or exchange of Common Stock Equivalents shall be deemed outstanding immediately after the issuance of such Common Stock Equivalents. Such adjustment shall be made whenever such shares of Common Stock or Common Stock Equivalents are issued.
