Common use of ADJUSTMENT RIGHTS Clause in Contracts

ADJUSTMENT RIGHTS. The purchase price per share and the number of shares of Preferred Stock purchasable hereunder are subject to adjustment, except in the case where an adjustment for the following matters is made to the shares of Preferred Stock or the shares of Common Stock issuable upon exercise of the conversion of the Preferred Stock in accordance with the terms of the Borrower's Certificate of Incorporation, as follows. Notwithstanding the foregoing, solely with respect to the shares of Preferred Stock or Common Stock then issuable upon exercise of this Warrant, such adjustments shall apply regardless of whether Warrantholder is a warrantholder or shareholder at the time of any dilutive issuance.