Adjustment of Warrant Shares and Exercise Price. In order to prevent dilution of the rights granted under this Warrant, the number of Warrant Shares and the Exercise Price therefor shall be subject to adjustment from time to time as provided in Sections 5.2, 5.3 and 5.6 of the Commitment Agreement, which shall apply mutatis mutandis.
Adjustment of Warrant Shares and Exercise Price. If the Company at any time on or after the Issue Date subdivides (by any stock split, stock dividend, recapitalization, reorganization, scheme, arrangement or otherwise) one or more classes of its outstanding shares of Common Stock into a greater number of shares, the number of Warrant Shares will be proportionately increased and the Exercise Price in effect immediately prior to such subdivision will be proportionately reduced. If the Company at any time on or after the Issue Date combines (by any stock split, stock dividend, recapitalization, reorganization, scheme, arrangement or otherwise) one or more classes of its outstanding shares of Common Stock into a smaller number of shares, the number of Warrant Shares will be proportionately decreased and the Exercise Price in effect immediately prior to such combination will be proportionately increased. Any adjustment under this Section 2 shall become effective at the close of business on the date the subdivision or combination becomes effective.
Adjustment of Warrant Shares and Exercise Price. The Exercise Price and the number and kind of Warrant Shares shall be subject to adjustment from time to time upon the happening of certain events as provided in this Article V.
Adjustment of Warrant Shares and Exercise Price. The number of Warrant Shares issuable on the exercise of a Warrant shall be subject to adjustment from time to time as set forth in this Section 4 and in Section 5.
Adjustment of Warrant Shares and Exercise Price. 11 5.1 Mechanical Adjustments 11 5.2 Notices of Adjustment 12 5.3 Form of Warrant After Adjustments 12 5.4 Organic Changes 13 5.5 Adjustments for the Issuance of Common Stock at less than FMV 14
Adjustment of Warrant Shares and Exercise Price. In case the Company shall at any time after the date of grant of this Warrant subdivide (by way of a stock split) or declare a stock dividend or combine the outstanding shares of Series D Preferred Stock as a class, the Exercise Price shall forthwith be proportionately decreased in the case of a subdivision or stock dividend or increased in the case of a combination and the number of Warrant Shares deliverable upon the exercise of this Warrant shall be determined by (i) dividing the Exercise Price prior to such adjustment by the Exercise Price as adjusted, and (ii) multiplying the resulting quotient by the number of shares of Warrant Shares deliverable upon exercise of this Warrant immediately prior to such adjustment.
Adjustment of Warrant Shares and Exercise Price. If, at any time while this Warrant is outstanding, (A) the Company effects any merger or consolidation of the Company with or into another Person, (B) the Company effects any sale of all or substantially all of its assets in one or a series of related transactions, (C) any tender offer or exchange offer (whether by the Company or another Person) is completed pursuant to which holders of Common Stock are permitted to tender or exchange their shares for other securities, cash or property, or (D) the Company effects any reclassification of the Common Stock or any compulsory share exchange pursuant to which the Common Stock is effectively converted into or exchanged for other securities, cash or property (in any such case, a “Fundamental Transaction”), then, upon any subsequent exercise of this Warrant, the Holder shall have the right to receive, for each share that would have been issuable upon such exercise immediately prior to the occurrence of such Fundamental Transaction, at the option of the Holder, (a) the number of shares of Common Stock of the successor or acquiring corporation or of the Company, if it is the surviving corporation, and any additional consideration (collectively, the “Alternate Consideration”) receivable upon or as a result of such reorganization, reclassification, merger, consolidation or disposition of assets by a Holder of the number of shares of Common Stock for which this Warrant is exercisable immediately prior to such event or (b) if the Company is acquired in an all cash transaction, cash equal to the value of this Warrant determined using the Black Scholes Pricing Model as of the date of the acquisition. For purposes of any such exercise, the determination of the Exercise Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration issuable in respect of one share of Common Stock in such Fundamental Transaction, and the Company shall apportion the Exercise Price among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate Consideration. If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental Transaction, then the Holder shall be given the same choice as to the Alternate Consideration it receives upon any exercise of this Warrant following such Fundamental Transaction. This Warrant shall be binding upon the issuer of any such Altern...
Adjustment of Warrant Shares and Exercise Price
