Readjustment. If an adjustment is made under Section 3.1 and the event to which the adjustment relates does not occur or is rescinded, then any adjustments in the Exercise Price or the number of Warrant Shares that were made in accordance with such section shall be adjusted back to the Exercise Price and the number of Warrant Shares that were in effect immediately before the date of or record date for such event.
Appears in 2 contracts
Sources: Warrant Purchase Agreement (Tripath Imaging Inc), Warrant Purchase Agreement (Tripath Imaging Inc)