Common use of Adjustment in Number of Shares Clause in Contracts

Adjustment in Number of Shares. Upon each adjustment of the Warrant Price pursuant to the provisions of this Section 9, the number of shares of Common Stock issuable upon the exercise of the Warrants shall be adjusted to the nearest full whole number by multiplying a number equal to the Warrant Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Warrant Price.

Appears in 8 contracts

Samples: Warrant Agreement (Med Emerg International Inc), Warrant Agreement (Med Emerg International Inc), Warrant Agreement (Med Emerg International Inc)

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Adjustment in Number of Shares. Upon each adjustment of the Warrant ------------------------------ Conversion Price pursuant to the provisions of this Section 98.3, the number of shares of Common Stock issuable upon the exercise of the Warrants this Note shall be adjusted to the nearest full whole number by multiplying a number equal to the Warrant Conversion Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable upon exercise of the Warrants this Note immediately prior to such adjustment and dividing the product so obtained by the adjusted Warrant Conversion Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (Odetics Inc)

Adjustment in Number of Shares. Upon each adjustment of the Warrant Purchase Price pursuant to the provisions of this Section 96, the number of shares of Common Stock issuable upon the exercise of the Warrants each Option shall be adjusted to the nearest full whole number share by multiplying a number equal to the Warrant Purchase Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable upon exercise of the Warrants Options immediately prior to such adjustment and dividing the product so obtained by the adjusted Warrant Purchase Price.

Appears in 1 contract

Samples: Director’s Option Agreement (VirTra, Inc)

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Adjustment in Number of Shares. Upon each adjustment of the Warrant Price pursuant to the provisions of this Section 911, the number of shares of Common Stock issuable upon the exercise of the Warrants shall be adjusted to the nearest full whole number obtained by multiplying a number equal to the Warrant Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Warrant Price.

Appears in 1 contract

Samples: Warrant Agreement (Eagle Supply Group Inc)

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