Adjustment to Number of Shares. Upon each adjustment of the Exercise Price, the number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (x) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant, and (ii) the Exercise Price, in each case as in effect immediately before such adjustment by (y) the adjusted Exercise Price.
Appears in 12 contracts
Samples: Note and Warrant Purchase Agreement (Galaxy Nutritional Foods Inc), Note and Warrant Purchase Agreement (Galaxy Nutritional Foods Inc), Note and Warrant Purchase Agreement (Galaxy Nutritional Foods Inc)
Adjustment to Number of Shares. Upon each adjustment of the Exercise Price, the number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (xa) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant, Warrant and (ii) the Exercise Price, in each case as in effect immediately before such adjustment adjustment, by (yb) the adjusted Exercise Price.
Appears in 2 contracts
Samples: Antidilution Agreement (Cambridge Heart Inc), Irobot Corp
