Adjustment of Warrants. (a) If there is any change in the outstanding Shares by reason of a stock dividend or distribution, stock split-up, recapitalization, combination or exchange of shares, or by reason of any merger, consolidation, spinoff or other corporate reorganization in which the Corporation is the surviving Corporation, the number of Shares issuable upon exercise of this Warrant and the Warrant Price shall be equitably adjusted by the Committee, whose determination shall be final, binding and conclusive.
Adjustment of Warrants. In the event that the Company proceed to any transaction mentioned in Articles L. 228-98 to L. 228-106 of the French Commercial code and in Article 242-8 to Article 242-16 of the French decree n° 67-236 of March 23, 1967, the rights of the Holder of the Warrants shall be adjusted in accordance with the terms and conditions fixed by the Company’s board of directors of July 21, 2005.
Adjustment of Warrants. RESOLVED, to approve the automatic adjustment, as resulting from the Consolidation, of the number of Ordinary Shares purchasable under, and the exercise price of, all outstanding warrants issued by the Company to purchase Original Preferred AA Shares (to the extent not cancelled) and warrants to purchase Original Preferred BB Shares, previously adjusted under the foregoing resolution of Section II(c) above, into warrants to purchase Ordinary Shares of the Company.
Adjustment of Warrants. 3.1 In accordance with Section 4.1(b) of the Original Indenture, any Warrantholder who exercises that holder’s right to purchase Common Shares pursuant to Warrant(s) shall be entitled to receive, in lieu of each common share of Etruscan to which such holder was theretofore entitled upon such exercise and for the same aggregate consideration payable therefor, one Unit of Mixed Consideration, subject to further adjustment in accordance with the terms of the Original Indenture.
Adjustment of Warrants. The Company may from the date of issuance of the Warrants and in accordance with article L. 228-98 of the French Commercial Code, modify its form and its corporate purpose without needing to obtain the prior consent of the Holder at a general meeting of the warrant holders. In accordance with article L. 228-98 of the French Commercial Code, the Company may modify the rules governing the allocation of profits or redeem its share capital without needing to obtain the prior consent of the Holder at a general meeting of the warrant holders, provided that the Company takes the necessary measures in order to maintain the rights of the Holder pursuant to the conditions described below. In the event of a reduction of the Company’s share capital resulting from losses, whether by way of a reduction in the nominal value or the number of Shares composing the share capital, the rights of the Holder to receive Shares will be reduced accordingly, as if the Holder had exercised his rights prior to the date at which the reduction of share capital has become definitive. In the event the Company carries out any of the following transactions after the date of issuance of the Warrants: • Issuance, under any form, of new equity securities with preferential subscription rights in favour of its shareholders; • allocation of free Shares; • distribution of reserves in cash or in kind or of share premiums • modification of the allocation of profits; • redemption of capital; • repurchase of its own Shares at a price higher than the market price; or • takeover, merger, or spin-off; the Company will maintain the rights of the Holder, in accordance with articles L. 228-99, L. 228-101 and R.228-87 et seq. of the French Commercial Code by means of an adjustment of the conditions of subscription according to the conditions described hereafter. This adjustment will be realized in such a manner as to equalize the value of the Shares that will be obtained upon exercise of the right after the completion of the transaction with the value of the Shares that would have been obtained upon exercise of the Warrants prior to the transaction. In the event of adjustments carried out in accordance with paragraphs a) to g) hereafter, the new conversion ratio will be calculated to the nearest hundredth of a Share (with 0.005 being rounded to the nearest superior cent). Any subsequent adjustments will be carried out on the basis of a newly calculated and rounded conversion ratio. However, since the exercis...
Adjustment of Warrants. If any occurrence since the date of this Agreement until the Closing would have resulted in an adjustment to the number of Warrants, the number of Underlying Common Units pursuant to the Warrant Agreement or the Threshold Price (as defined in the Warrant Agreement) if the Warrants had been issued and outstanding since the date of this Agreement, the Company shall adjust the number of Warrants, the number of Underlying Common Units or the Threshold Price, as applicable, effective as of the Closing, in the same manner as would have been required by the Warrant Agreement if the Warrants had been issued and outstanding since the date of this Agreement.
Adjustment of Warrants. In accordance with Section 4.5 of the Agreement, the Warrants shall be exercisable for one share of common stock, par value $0.0001 per share, of the Purchaser for each Ordinary Share issuable upon exercise of the Warrants immediately prior to the date hereof, at the Warrant Price of $11.50 per full share, subject to the adjustments provided in Section 4 of the Agreement.
Adjustment of Warrants. (a) The number of Shares issuable upon exercise of this Warrant, or the amount and kind of other securities issuable in addition thereto or in lieu thereof upon the occurrence of the events specified in Section 8 of the Plan, shall be determined and subject to adjustment, as the case may be, in accordance with the procedures therein specified.
Adjustment of Warrants. The Parties agree that the Series M warrants held by Xxxxxx are amended such that Xxxxxx may purchase 6,000,000 shares of CEL-SCI's common stock (as reduced from 8,800,000 shares) at a price of $0.60 per share.
Adjustment of Warrants
