Adjustment of Number of Underlying Securities Sample Clauses

Adjustment of Number of Underlying Securities. The rights to acquire Underlying Securities in effect at any date attaching to the Special Warrants are subject to adjustment from time to time as follows:
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Adjustment of Number of Underlying Securities. If a Receipt for the Preliminary Prospectus has not been issued on or before 5:00 p.m. (Calgary time) on the date that is 60 days following the Closing Date or in the event that a Receipt for the Prospectus has not been issued on or before 5:00 p.m. (Calgary time) on the date that is 90 days following the Closing Date, each unexercised Special Warrant will thereafter entitle the holder to receive, upon the exercise thereof, at no additional cost, an additional one half (1/2) of one non-transferable common share purchase warrant at the same terms of the Underlying Warrants (collectively, the "Penalty Warrants"), and 1.10 Units (inclusive of the Penalty Warrants) per Special Warrant (the "Penalty Units") on the Deemed Exercise Date, provided that nothing shall require the Company to issue fractional Units, Underlying Shares or Underlying Warrants and any fractions resulting from the application fee of the Penalty Ratio shall be rounded down to the nearest whole number. At the applicable time, and in any event, no later than two business days after the Penalty Warrants and the Penalty Units becoming issuable, the Corporation shall provide the Special Warrant Agent with a written direction for the issuance of the Penalty Warrants and the Penalty Units.
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Adjustment of Number of Underlying Securities. If the Receipt for the Prospectus is not issued prior to the Qualification Deadline then each holder of a Special Warrant will be entitled to receive upon deemed exercise of each Special Warrant, without payment of any additional consideration, 1.05 Units per Special Warrant (the “Penalty Units”), on the Deemed Exercise Date.
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Adjustment of Number of Underlying Securities. The Subscription Receipts shall be subject to adjustment from time to time in the following circumstances and manner:
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Related to Adjustment of Number of Underlying Securities

  • Adjustment of Number of Warrant Shares Issuable Upon Exercise of a Warrant and Adjustment of Exercise Price.

  • Adjustment of Number of Shares Upon each adjustment in the Warrant Price, the number of 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.

  • Adjustment in Number of Warrant Shares When any adjustment is required to be made in the Purchase Price pursuant to subsections 2(a) or 2(b), the number of Warrant Shares 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 Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

  • Adjustment of Number of Warrant Shares and Exercise Price The number and kind of Warrant Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • Adjustment of Conversion Price The Conversion Price shall be subject to adjustment from time to time as follows:

  • Adjustment of Conversion Rate The Conversion Rate shall be adjusted from time to time by the Company if any of the following events occurs, except that the Company shall not make any adjustments to the Conversion Rate if Holders of the Notes participate (other than in the case of (x) a share split or share combination or (y) a tender or exchange offer), at the same time and upon the same terms as holders of the Common Stock and solely as a result of holding the Notes, in any of the transactions described in this Section 14.04, without having to convert their Notes, as if they held a number of shares of Common Stock equal to the Conversion Rate, multiplied by the principal amount (expressed in thousands) of Notes held by such Holder.

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