Common use of Shares Issuable Clause in Contracts

Shares Issuable. The number of Warrant Shares issuable upon exercise of Warrants will be the number of Warrant Shares into which such Warrants are then exercisable. The number of Warrant Shares "into which each Warrant is exercisable" initially will be one share, subject to adjustment as provided in paragraph 5 of this Agreement.

Appears in 5 contracts

Samples: Master Warrant Agreement (Seven Seas Petroleum Inc), Master Warrant Agreement (Seven Seas Petroleum Inc), Note Purchase Agreement (Seven Seas Petroleum Inc)

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Shares Issuable. The number of Warrant Shares issuable upon exercise exercise” of Warrants will at any time, subject to Section 3.2(d), shall be the number of Warrant Shares into for which such Warrants are then exercisable. The number of Warrant Shares "into which each Warrant is exercisable" initially will shall be one share, subject to adjustment as provided in paragraph 5 of this AgreementSection 6.1.

Appears in 3 contracts

Samples: Warrant Agreement (Danaos Corp), Warrant Agreement (Danaos Corp), Warrant Agreement (Danaos Corp)

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