Adjustment Upon Series B Warrants Exercise Clause Samples

Adjustment Upon Series B Warrants Exercise. On the Series B Exercise Date (as such term is defined in the Series B Warrants) the Exercise Price shall be adjusted to equal the Adjusted Price. Upon such adjustments of the Exercise Price pursuant to this Section 2(d), the number of Warrant Shares issuable immediately prior to such adjustment shall be adjusted to the number of Common Shares determined by multiplying the Exercise Price then in effect at issuance by the number of Warrant Shares acquirable upon exercise of this Warrant immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.