Common use of Adjustments for Combinations, Etc Clause in Contracts

Adjustments for Combinations, Etc. In case the outstanding shares of Common Stock shall be combined or consolidated, by reclassification or otherwise, into a lesser number of shares of Common Stock, then, and in each such case, the Warrant Price shall be increased, concurrently with the effectiveness of such combination or consolidation, to a price, calculated to the nearest .001 of a cent, determined by multiplying the Warrant Price in effect immediately prior to such combination or consolidation by a fraction:

Appears in 6 contracts

Samples: Cabletron Systems Inc, Riverstone Networks Inc, Enterasys Networks Inc /De/

Adjustments for Combinations, Etc. In case the outstanding shares of Common Stock shall be combined or consolidated, by reclassification or otherwise, into a lesser number of shares of Common Stock, then, and in each such case, the Warrant Price Specified Amount shall be increased, concurrently with the effectiveness of such combination or consolidation, to a price, calculated to the nearest .001 of a cent, determined by multiplying the Warrant Price Specified Amount in effect immediately prior to such combination or consolidation by a fraction:

Appears in 3 contracts

Samples: Cabletron Systems Inc, Riverstone Networks Inc, Aprisma Management Technologies Inc

Adjustments for Combinations, Etc. In case the outstanding shares of Common Stock shall be combined or consolidated, by reclassification or otherwise, into a lesser number of shares of Common Stock, then the number of shares that may be purchased upon exercise of this Warrant immediately prior to such combination or consolidation (and each other share or per-share amount set forth in this Warrant, and in each such case, the Warrant Price shall be increased where appropriate) shall, concurrently with the effectiveness of such combination or consolidation, to a price, calculated to be proportionately reduced as determined in good faith by the nearest .001 Board of a cent, determined by multiplying Directors of the Warrant Price in effect immediately prior to such combination or consolidation by a fraction: Company.

Appears in 1 contract

Samples: Rab Enterprises Inc