Common use of Adjustment of Purchase Price and Number of Warrant Shares Deliverable Clause in Contracts

Adjustment of Purchase Price and Number of Warrant Shares Deliverable. 7.1 The Purchase Price and the number of shares of Common Stock purchasable pursuant to this Warrant shall be subject to adjustment from time to time as hereinafter set forth in this Article 7. Whenever reference is made in this Article 7 to the issue or sale of shares of Common Stock, or simply shares, such term shall mean any stock of any class of the Company other than preferred stock with a fixed limit on dividends and a fixed amount payable in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company. The shares issuable upon exercise of the Warrants shall however be shares of Common Stock of the Company, par value $0.001 per share, as constituted at the date hereof, except as otherwise provided in Sections 7.3 and 7.4.

Appears in 19 contracts

Samples: Preferred Voice Inc, Preferred Voice Inc, Preferred Voice Inc

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Adjustment of Purchase Price and Number of Warrant Shares Deliverable. 7.1 The Purchase Price and the number of shares of Common Stock purchasable pursuant to this Warrant shall be subject to adjustment from time to time as hereinafter set forth in this Article 7. Whenever reference is made in this Article 7 to the issue or sale of shares of Common Stock, or simply shares, such term shall mean any stock of any class of the Company other than preferred stock with a fixed limit on dividends and a fixed amount payable in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company. The shares issuable upon exercise of the Warrants shall however be shares of Common Stock of the Company, par value $0.001 0.00l per share, as constituted at the date hereof, except as otherwise provided in Sections 7.3 and 7.4.

Appears in 3 contracts

Samples: Preferred Voice Inc, Preferred Telecom Inc, Preferred Voice Inc

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Adjustment of Purchase Price and Number of Warrant Shares Deliverable. 7.1 The Purchase Price and the number of shares of Common Stock purchasable pursuant to this Warrant shall be subject to adjustment from time to time as hereinafter set forth in this Article 7. Whenever reference is made in this Article 7 to the issue or sale of shares of Common Stock, or simply shares, such term shall mean any stock of any class of the Company other than preferred stock with a fixed limit on dividends and a fixed amount payable in the event of any voluntary or involuntary liquidation, dissolution or winding up of the Company. The shares issuable usable upon exercise of the Warrants shall however be shares of Common Stock of the Company, par value $0.001 per share, as constituted at the date hereof, except as otherwise provided in Sections 7.3 and 7.4.

Appears in 1 contract

Samples: Preferred Telecom Inc

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