Adjustment of Number of Warrant Shares and Exercise Price Sample Clauses
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 Number of Warrant Shares and Exercise Price. The subscription rights in effect under the Warrants for Warrant Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:
(a) if, at any time during the Adjustment Period, the Corporation shall:
(i) subdivide, re-divide or change its outstanding Common Shares into a greater number of Common Shares;
(ii) reduce, combine or consolidate its outstanding Common Shares into a lesser number of Common Shares; or
(iii) issue Common Shares or securities exchangeable for, or convertible into, Common Shares to all or substantially all of the holders of Common Shares by way of stock dividend or other distribution (other than a distribution of Common Shares upon the exercise of Warrants or any outstanding options); (any of such events in Section 4.1(a)(i), 4.1(a)(ii) or 4.1(a)(iii) being called a "Common Share Reorganization") then the Exercise Price shall be adjusted on the effective date or record date, as the case may be, of such Common Share Reorganization and shall, in the case of the events referred to in (i) or (iii) above, be decreased in proportion to the number of outstanding Common Shares resulting from such subdivision, re-division, change or distribution, or shall, in the case of the events referred to in (ii) above, be increased in proportion to the number of outstanding Common Shares resulting from such reduction, combination or consolidation, by multiplying the Exercise Price in effect immediately prior to such effective date or record date, as the case may be, by a fraction of which:
(A) the numerator shall be the number of Common Shares outstanding on such effective date or record date before giving effect to such Common Share Reorganization, and
(B) the denominator shall be the number of Common Shares outstanding as of the effective date or record date after giving effect to such Common Share Reorganization (such denominator to include, in the case where securities exchangeable for or convertible into Common Shares are distributed, the number of Common Shares that would have been outstanding had such securities been exchanged for or converted into Common Shares on such record date or effective date). Such adjustment shall be made successively whenever any event referred to in this Section 4.1(a) shall occur. Upon any adjustment of the Exercise Price pursuant to Section 4.1(a), the Exchange Rate shall be contemporaneously adjusted by multiplying the number of Common Shares theretofore obtainable on ...
Adjustment of Number of Warrant Shares and Exercise Price. Section 4.1 Adjustment of Number of Warrant Shares and Exercise Price 21 Section 4.2 Entitlement to Warrant Shares on Exercise of Warrant 26 Section 4.3 No Adjustment for Certain Transactions 26 Section 4.4 Determination by Independent Firm 26 Section 4.5 Proceedings Prior to any Action Requiring Adjustment 26 Section 4.6 Certificate of Adjustment 26 Section 4.7 Notice of Special Matters 27 Section 4.8 No Action after Notice 27 Section 4.9 Other Action 27 Section 4.10 Protection of Warrant Agent 27 Section 4.11 Participation by Warrantholder 28
Adjustment of Number of Warrant Shares and Exercise Price. Section 4.1 Adjustment of Number of Warrant Shares and Exercise Price 23 Section 4.2 Entitlement to Warrant Shares on Exercise of Warrant 27
Adjustment of Number of Warrant Shares and Exercise Price. The number of Warrant Shares issuable upon the exercise of this Warrant and the Exercise Price per Warrant Share are subject to adjustment from time to time upon the occurrence of the events set forth in Section 6.1 or 6.2 below.
Adjustment of Number of Warrant Shares and Exercise Price. Section 4.1 Adjustment of Number of Warrant Shares and Exercise Price. 18 Section 4.2 Entitlement to Warrant Shares on Exercise of Warrant. 22 Section 4.3 No Adjustment for Certain Transactions. 23 Section 4.4 Determination by Independent Firm. 23 Section 4.5 Proceedings Prior to any Action Requiring Adjustment. 23 Section 4.6 Certificate of Adjustment 23
Adjustment of Number of Warrant Shares and Exercise Price. The number of shares of Common Stock issuable upon the exercise of each Warrant represented by this Warrant Certificate (the “Warrant Number”) is initially one. The Warrant Number and kind of Warrant Shares purchasable upon exercise of each Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:
Adjustment of Number of Warrant Shares and Exercise Price. The number of Warrant Shares purchasable pursuant hereto and the Exercise Price, each shall be subject to adjustment from time to time on and after the Date of Issuance as provided in this Section 4(a). In case the Company shall at any time after the Date of Issuance (i) pay a dividend of shares of Common Stock or make a distribution of shares of Common Stock, (ii) subdivide its
Adjustment of Number of Warrant Shares and Exercise Price. The subscription rights in effect under the Warrants for Warrant Shares issuable upon the exercise of the Warrants shall be subject to adjustment from time to time as follows:
Adjustment of Number of Warrant Shares and Exercise Price. The number of Warrant Shares purchasable pursuant hereto and the Exercise Price, each shall be subject to adjustment from time to time on and after the Election Date as provided in this Section 4(a). In case the Company shall at any time after the Election Date (i) pay a dividend of shares of Common Stock or make a distribution of shares of Common Stock, (ii) subdivide its outstanding shares of Common Stock into a larger number of shares of Common Stock, (iii) combine its outstanding shares of Common Stock into a smaller number of shares of Common Stock or (iv) issue any shares of its capital stock or other assets in a reclassification or reorganization of the Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing entity), then (x) the securities purchasable pursuant hereto shall be adjusted to the number of Warrant Shares and amount of any other securities, cash or other property of the Company which the Holder would have owned or have been entitled to receive after the happening of any of the events described above, had this Warrant been exercised immediately prior to the happening of such event or any record date with respect thereto, and (y) the Exercise Price shall be adjusted to equal the Exercise Price immediately prior to the adjustment multiplied by a fraction, (A) the numerator of which is the number of Warrant Shares for which this Warrant is exercisable immediately prior to the adjustment, and (B) the denominator of which is the number of shares for