Common use of Adjustments Clause in Contracts

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 468 contracts

Samples: Warrant Agreement (Inovio Pharmaceuticals, Inc.), Common Stock Warrant Agreement (Ovid Therapeutics Inc.), Common Stock Warrant Agreement (Optimer Pharmaceuticals Inc)

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Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Class A Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Class A Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 12 contracts

Samples: Common Stock Warrant Agreement (Dutch Bros Inc.), Common Stock Warrant Agreement (Vera Therapeutics, Inc.), Common Stock Warrant Agreement (Rani Therapeutics Holdings, Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its issued and outstanding shares of Common Stock Warrant Securities into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the issued and outstanding shares of Common Stock of the Company Warrant Securities shall be combined consolidated into a smaller number of shares, the Warrant Price in effect immediately prior to such combination consolidation shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 8 contracts

Samples: Preferred Share Warrant Agreement (Milestone Pharmaceuticals Inc.), Warrant Agreement (TerrAscend Corp.), Warrant Agreement (TerrAscend Corp.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 6 contracts

Samples: Common Shares Warrant Agreement (ObsEva SA), Common Share Warrant Agreement (Lineage Cell Therapeutics, Inc.), Common Share Warrant Agreement (Sophiris Bio Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities Shares purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities Shares purchasable under the Warrants shall be proportionately decreased.

Appears in 5 contracts

Samples: Common Stock Warrant Agreement (GTX Inc /De/), Common Stock Warrant Agreement (Cardica Inc), Common Stock Warrant Agreement (GTX Inc /De/)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Ordinary Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Ordinary Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 4 contracts

Samples: Warrant Agreement (EHang Holdings LTD), Ordinary Shares Warrant Agreement (Immunocore Holdings PLC), Warrant Agreement (Autolus Therapeutics PLC)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Ordinary Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Ordinary Shares of the Company shall be combined consolidated into a smaller number of shares, the Warrant Price in effect immediately prior to such combination consolidation shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Warrant Agreement (Exscientia PLC), Warrant Agreement (Autolus Therapeutics PLC), Warrant Agreement (Renalytix PLC)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Ordinary Shares into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Ordinary Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Share Warrant Agreement (Autolus Therapeutics PLC), Warrant Agreement (Nexvet Biopharma PLC), Warrant Agreement (UroGen Pharma Ltd.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding Common shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Shares of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Common Share Warrant Agreement (Axovant Sciences Ltd.), Common Share Warrant Agreement (Axovant Gene Therapies Ltd.), Common Share Warrant Agreement (Myovant Sciences Ltd.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding issued ordinary shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding ordinary shares of Common Stock of the Company shall be combined consolidated into a smaller number of shares, the Warrant Price in effect immediately prior to such combination consolidation shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 3 contracts

Samples: Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC), Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC), Shares Warrant Agreement (BICYCLE THERAPEUTICS PLC)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect 4. immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Common Stock Warrant Agreement (Mirum Pharmaceuticals, Inc.), Common Stock Warrant Agreement (Spruce Biosciences, Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Class 2 Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Class 2 Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Warrant Agreement (Tilray Brands, Inc.), Warrant Agreement (Tilray, Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Common Stock Warrant Agreement (Gladstone Investment Corporation\de), Common Stock Warrant Agreement (Gladstone Capital Corp)

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Adjustments. (a) In case the Company shall at any time subdivide its outstanding ordinary shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding ordinary shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

Samples: Warrant Agreement (Gamida Cell Ltd.), Share Warrant Agreement (SteadyMed Ltd.)

Adjustments. (a) In i)In case the Company shall at any time subdivide its outstanding shares of Class A Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Class A Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 2 contracts

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

Adjustments. (a) a. In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Flex Pharma, Inc.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (OncoCyte Corp)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding Class A ordinary shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding Class A ordinary shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (Pagaya Technologies Ltd.)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Common Stock Warrant Agreement (Kosan Biosciences Inc)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock Warrant Securities into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock Warrant Securities of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (Crossroads Systems Inc)

Adjustments. (a) In case the Company shall at any time subdivide its outstanding shares of Common Stock or Preferred Stock, as applicable, into a greater number of shares, the Warrant Price in effect immediately prior to such subdivision shall be proportionately reduced and the number of Warrant Securities purchasable under the Warrants shall be proportionately increased. Conversely, in case the outstanding shares of Common Stock or Preferred Stock, as applicable, of the Company shall be combined into a smaller number of shares, the Warrant Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Securities purchasable under the Warrants shall be proportionately decreased.

Appears in 1 contract

Samples: Warrant Agreement (Alliqua BioMedical, Inc.)

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