Common use of Weighted Average Adjustment Clause in Contracts

Weighted Average Adjustment. If Company issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Exercise Price in effect immediately before such Issue, the Exercise Price shall be reduced, concurrently with such Issue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Exercise Price by a fraction:

Appears in 7 contracts

Samples: Business Financing Modification Agreement (Teknowledge Corp), GigOptix, Inc., Tri-S Security Corp

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Weighted Average Adjustment. If the Company issues Additional Common Shares Units after the date of the Warrant this Agreement and the consideration per share of Additional Common Share Units (determined pursuant to Section 97(h)) is less than the Exercise Price in effect immediately before such Issue, the Exercise Price in effect immediately before such issue shall be reduced, concurrently with such Issue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Exercise Price by a fraction:

Appears in 1 contract

Samples: Priceline Com Inc

Weighted Average Adjustment. If if Company issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Exercise Price in effect immediately before such Issue, the Exercise Price shall be reduced, concurrently with such Issue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Exercise Price by a fraction:

Appears in 1 contract

Samples: Registration Rights Agreement (Revcare Inc)

Weighted Average Adjustment. If the Company issues Additional Common Shares after the original issue date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 99 below) is less than the Exercise Price in effect immediately before such IssueIssue (a "Diluting Issuance"), the Exercise Price shall be reduced, concurrently with such Issue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Exercise Price by a fraction:

Appears in 1 contract

Samples: Antidilution Agreement (Cambridge Heart Inc)

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Weighted Average Adjustment. If the Company issues Additional Common Shares after the date of the Warrant Issue Date and the consideration per Additional Common Share (determined pursuant to Section 9subsection (i) below) is less than the Exercise Price in effect immediately before such IssueIssue (a "Diluting Issuance"), the Exercise Price shall be reduced, concurrently with such Issue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Exercise Price by a fraction:.

Appears in 1 contract

Samples: Irobot Corp

Weighted Average Adjustment. If Company issues Additional Common Shares during the period that is twelve months after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Exercise Price in effect immediately before such Issue, the Exercise Price shall be reduced, concurrently with such Issue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Exercise Price by a fraction:

Appears in 1 contract

Samples: Registration Rights Agreement (Document Capture Technologies, Inc.)

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