Common use of Subsequent Adjustments Clause in Contracts

Subsequent Adjustments. The provisions of this Section 3.6 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of this Warrant.

Appears in 4 contracts

Sources: Warrant Agreement (Purple Innovation, Inc.), Security Agreement (Lazydays Holdings, Inc.), Security Agreement (Lazydays Holdings, Inc.)

Subsequent Adjustments. The provisions of this Section 3.6 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of this Incremental Warrant.

Appears in 3 contracts

Sources: Incremental Warrant (Purple Innovation, Inc.), Incremental Warrant (Purple Innovation, Inc.), Incremental Warrant (Purple Innovation, Inc.)

Subsequent Adjustments. The provisions of this Section 3.6 3.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of this Warrant.

Appears in 3 contracts

Sources: Security Agreement (Purple Innovation, Inc.), Security Agreement (Purple Innovation, Inc.), Security Agreement (Purple Innovation, Inc.)