Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6 (other than pursuant to Section 6.4), the Holder shall be entitled to purchase such number of shares of Common Stock as will cause (i) (x) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant following such adjustment, multiplied by (y) the adjusted Exercise Price per share, to equal the result of (ii) (x) the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment, multiplied by (y) the total Exercise Price before adjustment.
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 6.2, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause the total number of shares of Common Stock the Holder is entitled to purchase pursuant to this Warrant, multiplied by the adjusted Exercise Price per share, to equal the dollar amount of the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the total Exercise Price before adjustment.
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 13, the Optionee shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock it is entitled to purchase pursuant to this Option, multiplied by (ii) the adjusted purchase price per share, to equal (iii) the dollar amount of the total number of shares of Common Stock it is entitled to purchase before adjustment multiplied by the total purchase price before adjustment.
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to this Section 6, the Holder shall be entitled to purchase such number of additional shares of Common Stock as will cause (i) the total number of shares of Common Stock Holder is entitled to purchase pursuant to this Warrant, multiplied by (ii) the adjusted purchase price per share (the "Adjusted Exercise Price"), to equal (iii) the total number of shares of Common Stock Holder is entitled to purchase before adjustment multiplied by the Exercise Price before adjustment. For example, if Holder receives a warrant to purchase 1,500,000 shares of Common Stock at an Exercise Price of $1.00, and the Adjusted Exercise Price is $0.50, Holder will be entitled to receive 3,000,000 shares of Common Stock.
Adjustment Mechanism. (i) On or before March first, following the end of each Lease Year, Landlord shall submit to Tenant a statement setting forth the exact amount of the excess, if any, in Tenant's Proportionate Share of the Operating Expenses for the Lease Year just completed and the estimated amount of Tenant's Proportionate Share of the Operating Expense (which was paid in accordance with this subparagraph) for such year. Such statement shall also set forth the amount of the estimated Operating Expenses reimbursement, as limited above, for the new Lease Year computed by taking the estimated excess in Tenant's Proportionate Share of Operating Expenses for the new Lease Year and dividing it by the number of months remaining in the new Lease Year. To the extent that Xxxxxx's Proportionate Share of the actual Operating Expense for any period covered by such statement is greater than the estimate which Tenant previously paid during the Lease Year just completed, Tenant shall pay to Landlord the difference in cash, as limited above, within thirty (30) days following receipt of said statement from Landlord. To the extent that Xxxxxx's Proportionate Share of the actual Operating Expenses for the period covered by the statement is less than the estimate which Xxxxxx previously paid during the Lease Year just completed, Landlord shall credit the difference against the Tenant's estimated reimbursement for Operating Expenses for the new Lease Year as stated above and such credit will be applied to the next payment or payments due from Tenant to Landlord. In addition, until Xxxxxx receives such statement, Xxxxxx's monthly reimbursement applied to the new Lease Year shall continue to be paid at the rate for the previous Lease Year, but Tenant shall commence payment to Landlord of the monthly installments of reimbursement on the basis of the new statement beginning on the first day of the month following the month in which Xxxxxx receives such statement.
Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: 𝑺𝑮𝒕 = 𝟏 − 𝑺𝑪𝑨𝒕 Where: 𝑺𝑮𝒕 = Percentage of Operating Profit received by the State in Period 𝑡. 𝑺𝑪𝑨𝒕 = Adjusted percentage of Operating Profit received by the Contractor in Period 𝑡. The adjusted percentage of Operating Profit received by the Contractor in Period 𝑡 (𝑆𝐶𝐴𝑡) will be calculated as follows:
Adjustment Mechanism. If an adjustment of the Exercise Price is required pursuant to Section 11(c)(i), the Company shall deliver to the Investors within three (3) business days of the closing of the transaction giving rise to the adjustment (the "Delivery Date") written confirmation reflecting the adjusted Exercise Price.
Adjustment Mechanism. The Consideration as a percentage of the Operating Profit to be received by the State, shall be adjusted in accordance with the following formula: = 100% − Where: = Percentage of Operating Profit received by the State in Period . = Adjusted percentage of Operating Profit received by the Contractor in Period . The adjusted percentage of Operating Profit received by the Contractor in Period () will be calculated as follows:
Adjustment Mechanism. The Parties shall meet (in person or via telephone) on a monthly basis to review the Services provided during the previous month. At each such meeting, the Parties shall adjust the applicable Base Cost for each Service for which the Base Cost is determined by reference to the number of units used during a given month. Such adjustment shall be based on the number of units of each such Service added or reduced, as applicable, during the preceding month multiplied by the unit cost of each such Service, plus a proportional adjustment in the Base Cost of any associated Service. All adjustments to the Base Cost of a Service pursuant to this Section 4.3(b) shall be subject to the terms and conditions of any third party contract used to provide such Service.
Adjustment Mechanism. Subject to Section 7.1(d) below, if an adjustment of the Share Purchase Price is required pursuant to Section 7.1(a), the Company shall deliver to the Investors within 10 business days of the closing of the transaction giving rise to the adjustment (as may be adjusted pursuant to Section 7.1(d) below, the "Delivery Date") each Investor's pro-rata share of such number of additional shares of Common Stock equal to (i) the Purchase Price paid by the Investor divided by the Adjusted Per Share Purchase Price as required under Section 7.1(a), minus (ii) the sum of (x) the total number of Initial Shares or Optional Warrant Shares, as applicable, and (y) Anti-Dilution Shares previously delivered to that Investor hereunder with respect to such shares; provided however, that the Company shall effect such adjustment in cash, in whole or in part, to the extent required by Section 7.1(d). In the event the Company fails to deliver the additional shares by the Delivery Date, the Company shall be liable to the Investors for a Monthly Delay Payment (as defined in the Registration Rights Agreement) with respect to such additional shares.
