Common use of Adjustment to Exercise Price Clause in Contracts

Adjustment to Exercise Price. Whenever the number of shares of Common Stock issuable upon exercise of this Warrant is adjusted as provided in this Paragraph 5(A), the Exercise Price shall be adjusted by a fraction in which the numerator is equal to the number of shares of Common Stock issuable prior to the adjustment and the denominator is equal to the number of shares of Common Stock issuable after the adjustment, rounded to the nearest cent.

Appears in 14 contracts

Samples: Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp)

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Adjustment to Exercise Price. Whenever the number of shares of Common Stock issuable upon exercise of this Warrant is adjusted as provided in this Paragraph 5(A6(A), the Exercise Price shall be adjusted by a fraction in which the numerator is equal to the number of shares of Common Stock issuable prior to the adjustment and the denominator is equal to the number of shares of Common Stock issuable after the adjustment, rounded to the nearest cent.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Drovers Bancshares Corp), Fulton Financial Corp, Premier Bancorp Inc /Pa/

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Adjustment to Exercise Price. Whenever the number of shares of Common Stock issuable upon exercise of this Warrant is adjusted as provided in this Paragraph 5(ASubparagraph (A), the Exercise Price shall be adjusted by a fraction in which the numerator is equal to the number of shares of Common Stock issuable prior to the adjustment and the denominator is equal to the number of shares of Common Stock issuable after the adjustment, rounded to the nearest cent.

Appears in 3 contracts

Samples: Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp), Loan Agreement (Ocean Thermal Energy Corp)

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