Common use of Adjustments in Exercise Price Clause in Contracts

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares so purchasable immediately thereafter.

Appears in 27 contracts

Samples: Warrant Agreement (Newcourt Acquisition Corp), Warrant Agreement (New Starship Parent, Inc.), Warrant Agreement (FTAC Athena Acquisition Corp.)

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Adjustments in Exercise Price. Whenever the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 24 contracts

Samples: Warrant Agreement (Mission Space Acquisition Corp.), Warrant Agreement (Arya Sciences Acquisition Corp.), Warrant Agreement (Capitol Investment Corp. IV)

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 10 contracts

Samples: Warrant Agreement (Lazard Growth Acquisition Corp. I), Warrant Agreement (Lazard Growth Acquisition Corp. I), Warrant Agreement (Lazard Healthcare Acquisition Corp. I)

Adjustments in Exercise Price. Whenever the number of Class A ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares so purchasable immediately thereafter.

Appears in 8 contracts

Samples: Warrant Agreement (Evergreen Corp), Warrant Agreement (Evergreen Corp), Warrant Agreement (AEI CapForce II Investment Corp)

Adjustments in Exercise Price. 4.3.1. Whenever the number of Class A ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection Section 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares so purchasable immediately thereafter.

Appears in 3 contracts

Samples: Warrant Agreement (Aurora Technology Acquisition Corp.), Warrant Agreement (Aurora Technology Acquisition Corp.), Warrant Agreement (Aurora Technology Acquisition Corp.)

Adjustments in Exercise Price. Whenever the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the applicable Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Company Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 2 contracts

Samples: Warrant Agreement (Satellogic Inc.), Warrant Agreement (Satellogic Inc.)

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Adjustments in Exercise Price. Whenever the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest whole cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 1 contract

Samples: Warrant Agreement (Israel Amplify Program Corp.)

Adjustments in Exercise Price. Whenever the number of shares of Class A ordinary shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section Sections 4.1 and 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of shares of Class A ordinary shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of shares of Class A ordinary shares so purchasable immediately thereafter.

Appears in 1 contract

Samples: Warrant Agreement (Energem Corp)

Adjustments in Exercise Price. Whenever the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants is adjusted, as provided in subsection 4.1.1 or Section 4.2 above, the Warrant Price shall be adjusted (to the nearest cent) by multiplying such Warrant Price immediately prior to such adjustment by a fraction (x) the numerator of which shall be the number of Company Class A ordinary shares Ordinary Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment, and (y) the denominator of which shall be the number of Company Class A ordinary shares Ordinary Shares so purchasable immediately thereafter.

Appears in 1 contract

Samples: Warrant Agreement (Satellogic Inc.)

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