Common use of Exercise Price Defined Clause in Contracts

Exercise Price Defined. As used in this Warrant Agreement, the term "EXERCISE PRICE" shall mean the purchase price per share specified in the Warrant until the occurrence of an event specified in this Section 6 and thereafter shall mean said price, as adjusted from time to time, in accordance with the provisions of this Section 6. No such adjustment shall be made unless such adjustment would change the Exercise Price at the time by $0.01 or more; provided, however, that all adjustments not so made shall be deferred and made when the aggregate thereof would change the Exercise Price at the time by $0.01 or more.

Appears in 3 contracts

Samples: Warrant Subscription Agreement (Secured Services Inc), Warrant Subscription Agreement (Secured Services Inc), Warrant Subscription Agreement (Secured Services Inc)

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Exercise Price Defined. As used in this Warrant Agreementthese Warrants, the term "EXERCISE PRICEExercise Price" shall mean the purchase price per share specified in the Warrant these Warrants until the occurrence of an event specified in this Section 6 and thereafter shall mean said price, as adjusted from time to time, in accordance with the provisions of this Section 6said subsection. No such adjustment shall be made unless such adjustment would change the Exercise Price at the time by $0.01 .125 or more; provided, however, that all adjustments not so made shall be deferred and made when the aggregate thereof would change the Exercise Price at the time by $0.01 .125 or more.

Appears in 2 contracts

Samples: Warrant Agreement (Harvey Entertainment Co), Common Stock Purchase Warrant (Guez Paul)

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Exercise Price Defined. As used in this Warrant AgreementWarrant, the term "EXERCISE PRICEExercised Price" shall mean the purchase price per share specified in the this Warrant until the occurrence of an event specified stated in subsection (c) of this Section 6 5 and thereafter shall mean said price, price as adjusted from time to time, time in accordance with the provisions of this Section 6such subsection. No such adjustment shall be made unless such adjustment would change the Exercise Price at the time by $0.01 .01 or more; provided, however, that all adjustments not so made shall be deferred and made when the aggregate thereof would change the Exercise Price at the time by $0.01 .01 or more.

Appears in 1 contract

Samples: Videolan Technologies Inc /De/

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