Common use of Adjustment in Number of Shares Clause in Contracts

Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article 5, the number of Shares issuable upon the exercise of this Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 5 contracts

Samples: Asset Purchase Agreement (CPEX Pharmaceuticals, Inc.), Asset Purchase Agreement (CPEX Pharmaceuticals, Inc.), Bentley Pharmaceuticals Inc

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Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article 511, the number of Shares issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this Warrant the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 4 contracts

Samples: Warrant Agreement (Zapworld Com), Warrant Agreement (Protosource Corp), S Warrant Agreement (Protosource Corp)

Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article Section 5, the number of Shares shares of Common Stock issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares shares of Common Stock issuable upon exercise of this the Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Adino Energy Corp), Asphalt Paving International Inc, Consulting Agreement (RTG Ventures Inc)

Adjustment in Number of Shares. Upon each adjustment of the ------------------------------ Purchase Price pursuant to the provisions of this Article 5, the number of Shares shares of Common Stock issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares shares of Common Stock issuable upon exercise of this the Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 1 contract

Samples: Occupational Health & Rehabilitation Inc

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Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article 58, the number of Shares issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this Warrant the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 1 contract

Samples: Warrant Agreement (Protosource Corp)

Adjustment in Number of Shares. Upon each adjustment of the Purchase Warrant Price pursuant to the provisions of this Article 5Paragraph 6, the number of Shares issuable upon the exercise of this the Warrant shall be adjusted adjusted, subject to subparagraph 6(c), to the nearest full Share whole number by multiplying a number equal to the Purchase Warrant Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this the Warrant immediately prior to such adjustment and dividing the product so obtained by the then adjusted Purchase Warrant Price.

Appears in 1 contract

Samples: Stealth Medialabs Inc

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