Examples of Class C Warrant Shares in a sentence
Without limiting the generality of the forgoing, the Company will (i) not increase the par value of any Class C Warrant Shares receivable upon the exercise of a Class C Warrant above the amount payable therefor upon such exercise immediately prior to such increase in par value and (ii) take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and nonassessable Class C Warrant Shares upon the exercise of any Class C Warrant.
If any holder surrenders for exer- cise more than one Class C Warrant Certificate, the number of Class C Warrant Shares deliverable to such holder may, at the option of the Company, be computed on the basis of the aggregate amount of all the Class C Warrants exercised by such holder.
The Company shall make such adjustments to the par value of the Common Stock in order that, upon exercise of the Class C Warrants, the Class C Warrant Shares will be fully paid and non-assessable.
The Company will not be required to issue fractional Class C Warrant Shares upon exercise of the Class C Warrants or distribute Share certificates that evidence fractional Class C Warrant Shares but the number of Class C Warrant Shares issuable shall be rounded up or down to the nearest whole number.
Irrespective of any adjustments in the number or kind of shares purchasable upon the exercise of the Class C Warrants, Class C Warrant Certificates theretofore or thereafter issued may continue to express the same number and kind of Class C Warrant Shares per Class C Warrant as are stated on the Class C Warrant Certificates initially issuable pursuant to this Agreement.
The Company shall cause to be mailed to the holder of a Class C Warrant copies of such officer's cer- tificate together with a notice stating that the Exercise Price and the number of Class C Warrant Shares purchasable upon exercise of a Class C Warrant have been adjusted and setting forth the adjusted Ex- ercise Price and the adjusted number of Class C Warrant Shares purchasable upon the exercise of such Class C Warrant.
Fractional Class C Warrant Shares 17 ARTICLE VII CONCERNING THE WARRANT AGENT 18 SECTION 7.01.
Adjustment of Exercise Price and Number of Class C Warrant Shares; Notices 13 SECTION 6.02.
The number and kind of Class C Warrant Shares for which a Class C Warrant may be exercised and the price at which Class C Warrant Shares may be purchased upon exercise of a Class C Warrant shall be subject to adjustment from time to time as set forth in Article VI hereof (the "Exercise Price").
The Exercise Price and the number of Class C Warrant Shares are subject to adjustment from time to time as provided in this Article VI.