Common use of Effective Date of Adjustment Clause in Contracts

Effective Date of Adjustment. An adjustment to the Warrant Share Exercise Price shall become effective immediately after the payment date in the case of each dividend or distribution and immediately after the effective date of each other event which requires an adjustment.

Effective Date of Adjustment. An adjustment to the Warrant Share Exercise Price shall become effective immediately after the payment date in the case of each dividend or distribution and immediately after the effective date of each other event which requires an adjustment.