Common use of Adjustment to Exercise Price Clause in Contracts

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to this Section 2, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 3 contracts

Samples: Miller Energy Resources, Inc., Miller Energy Resources, Inc., Miller Energy Resources, Inc.

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Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to this Section 23, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, despite the prohibition thereon in the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised in the case of a Variable Rate Transaction.

Appears in 3 contracts

Samples: Gentium S.p.A., Gentium S.p.A., Gentium S.p.A.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 2, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues enters into a variable rate securityVariable Rate Transaction, despite the prohibition thereon in the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 2 contracts

Samples: Warrant (ABC Funding, Inc), Warrant (ABC Funding, Inc)

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents thereof at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised in the case of a variable rate transaction.

Appears in 2 contracts

Samples: United Benefits & Pension Services, Inc., United Benefits & Pension Services, Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 2, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues enters into a variable rate securityVariable Rate Transaction, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 2 contracts

Samples: Blue Sphere Corp., Blue Sphere Corp.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised in the case of a Variable Rate Transaction.

Appears in 2 contracts

Samples: Soko Fitness & Spa Group, Inc., Eco-Stim Energy Solutions, Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues enters into a variable rate securityVariable Rate Transaction or MFN Transaction, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Convertible Securities at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 2 contracts

Samples: Ants Software Inc, Ants Software Inc

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 24, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues enters into a variable rate securityVariable Rate Transaction, despite the prohibition thereon in the Subscription Agreement, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 2 contracts

Samples: Parkview Group Inc, Anhui Taiyang Poulty Co Inc

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If In the Company issues case of a variable rate securityVariable Rate Transaction, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion effective price that the Company has actually issued such Common Stock or exercise price at which such securities may be converted or exercisedCommon Stock Equivalents.

Appears in 1 contract

Samples: Innovative Card Technologies Inc

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to this Section 23, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised in the case of a Variable Rate Transaction (as defined in the Purchase Agreement).

Appears in 1 contract

Samples: Relationserve Media Inc

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate securityany Common Stock or Common Stock Equivalents for no Net Consideration per Share, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 1 contract

Samples: Metaswarm Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to this Section 23, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 1 contract

Samples: Miller Energy Resources, Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to this Section 23, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised to the extent ascertainable at the time of issuance.

Appears in 1 contract

Samples: Vemics, Inc.

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Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to this Section 2, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock common stock equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 1 contract

Samples: Knobias, Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 24, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised in the case of a variable rate security.

Appears in 1 contract

Samples: China Clean Energy Inc

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment and the method of calculating such adjustment. If the Company issues a variable rate security, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 1 contract

Samples: Pure Earth, Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues enters into a variable rate securityVariable Rate Transaction (as defined in the Addendum), the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 1 contract

Samples: Fitness Xpress Software Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues enters into a variable rate securitytransaction, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Convertible Securities at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 1 contract

Samples: Apricus Biosciences, Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 2section, the Company shall will promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such the adjustment. If the Company issues a variable rate security, the Company shall will be deemed to have issued Common Stock common stock or Common Stock common stock equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercisedexercised in the case of a variable rate transaction.

Appears in 1 contract

Samples: Warrant (Bakhu Holdings, Corp.)

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to this Section 23, the Company shall promptly mail to each Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues a variable rate security, despite the prohibition thereon in the Purchase Agreement, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised, to the extent ascertainable at the time of issuance.

Appears in 1 contract

Samples: Genesis Pharmaceuticals Enterprises, Inc.

Adjustment to Exercise Price. Whenever the Exercise Price is adjusted pursuant to any provision of this Section 23, the Company shall promptly mail to each the Holder a notice setting forth the Exercise Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment. If the Company issues enters into a variable rate securityVariable Rate Transaction, despite the prohibition thereon in the Exchange Agreement, the Company shall be deemed to have issued Common Stock or Common Stock equivalents Equivalents at the lowest possible conversion or exercise price at which such securities may be converted or exercised.

Appears in 1 contract

Samples: Retail Pro, Inc.

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