Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 104 contracts

Samples: Joinder Agreement (NeurogesX Inc), Investor Rights Agreement (Comscore, Inc.), Investor Rights Agreement (Comscore, Inc.)

AutoNDA by SimpleDocs

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 75 contracts

Samples: Reimbursement and Indemnification Agreement (Medical Solutions Management Inc.), Warrant Number    Cs (Medical Solutions Management Inc.), Loan and Security Agreement (Navidea Biopharmaceuticals, Inc.)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 36 contracts

Samples: Loan and Security Agreement (Depomed Inc), Butler International Inc /Md/, Cityzenith Holdings, Inc.

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 16 contracts

Samples: Cytation Corp, Cytation Corp, Taylor Madison Corp

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.. j.

Appears in 11 contracts

Samples: Shells Seafood Restaurants Inc, Shells Seafood Restaurants Inc, Shells Seafood Restaurants Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, rounded up to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 8 contracts

Samples: Common Stock and Warrant Purchase Agreement (Ats Medical Inc), Security Agreement (Ats Medical Inc), Subordinated Security Agreement (Ats Medical Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Samples: Endocyte Inc, Cruisestock Inc., Cruisestock Inc.

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Samples: Loan and Security Agreement (Netscreen Technologies Inc), Copper Mountain Networks Inc, Copper Mountain Networks Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant PricePrice pursuant to Section 4 and without duplication of any other adjustment required hereunder, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Samples: Egenera, Inc., Egenera, Inc., Egenera, Inc.

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 5 contracts

Samples: Note and Warrant Purchase Agreement (Concentric Network Corp), Note and Warrant Purchase Agreement (Concentric Network Corp), Loan Agrloan and Security Agreement (Pilot Network Services Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant PricePrice (under Section 4(c) above), the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Adeza Biomedical Corp, Adeza Biomedical Corp, Adeza Biomedical Corp

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series D Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Convio, Inc., Zapme Corp, Zapme Corp

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Xenogen Corp, Emachines Inc /De/, Emachines Inc /De/

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: Agreement (Nimblegen Systems Inc), Agreement (Nimblegen Systems Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Purchase ------------------------------ Price, the number of Shares shares of Series Preferred Stock purchasable hereunder shall be adjusted, adjusted to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Purchase Price by a fraction, the numerator of which shall be the Warrant Purchase Price immediately prior to such adjustment and the denominator of which shall be the Warrant Purchase Price immediately thereafter.

Appears in 2 contracts

Samples: Shareholders' Agreement (SQL Financials International Inc /De), Clarus Corp

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series C Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Covad Communications Group Inc), Covad Communications Group Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fractionfaction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Tolerrx Inc

AutoNDA by SimpleDocs

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Nuvim Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole shareshare (with one half rounded up), to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Authentec Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: One Voice Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior priori to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Euniverse Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred Stock purchasable hereunder shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Acadia Pharmaceuticals Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafterthereafter calculated to five decimal places.

Appears in 1 contract

Samples: Meridian Usa Holdings Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Security Agreement (QMS Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Purchase Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Purchase Price by a fraction, the numerator of which shall be the Warrant Purchase Price immediately prior to such adjustment and the denominator of which shall be the Warrant Purchase Price immediately thereafter.

Appears in 1 contract

Samples: Juniper Networks Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Share Calculation Price, the number of Shares of Series Preferred shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Share Calculation Price by a fraction, the numerator of which shall be the Warrant Share Calculation Price immediately prior to such adjustment and the denominator of which shall be the Warrant Share Calculation Price immediately thereafter.

Appears in 1 contract

Samples: Nuvim Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Superconductor Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Zhone Technologies Inc

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