Common use of Adjustment for Common Stock Issue Clause in Contracts

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Value per share on the date the Company fixes the offering price of such additional shares, the Warrant Number shall be adjusted in accordance with the formula: W' = W x A --- O + P --- M where: W' = the adjusted Warrant Number. W = the Warrant Number immediately prior to any such issuance. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stock. P = the aggregate consideration received for the issuance of such additional shares of Common Stock. M = the Specified Value per share of Common Stock on the date of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Current Market Value per share on the date the Company fixes the offering price of such additional shares, the Warrant Number shall be adjusted in accordance with the formula: W' = W x A --- O ---- 0+ P --- - M where: W' = the adjusted Warrant Number. W = the Warrant Number immediately prior to any such issuance. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stock. P = the aggregate consideration received for the issuance of such additional shares of Common Stock. M = the Specified Current Market Value per share of Common Stock on the date of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company Maker issues shares of Common Stock for a consideration per share less than the Specified Value Conversion Price per share on the date the Company Maker fixes the offering price of such additional shares, the Warrant Number applicable Conversion Price shall be adjusted in accordance with the formula: W' P ------ E’ = W E x A --- O + P --- M E ----------------- A where: W' E’ = the adjusted Warrant NumberConversion Price. W E = the Warrant Number immediately prior to any such issuancethen current Conversion Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stockshares. P = the aggregate consideration received for the issuance of such additional shares of Common Stock. M = the Specified Value per share of Common Stock on the date of issuance of such additional shares. A = the number of shares outstanding of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Value current market price per share of Common Stock on the date the Company fixes the offering price of such additional shares, the Warrant Number Exercise Price shall be adjusted in accordance with the following formula: WP -- E' = W E x A --- O + P --- M ----------- A where: WE' = the adjusted Warrant NumberExercise Price. W E = the Warrant Number immediately prior to any such issuancethen current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stockshares. P = the aggregate consideration received for the issuance of such additional shares of Common Stockshares. M = the Specified Value current market price per share of Common Stock on the date of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stockshares. The adjustment pursuant to subsection (d) shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Current Market Value per share on the date the Company fixes the offering price of such additional shares, the Warrant Number shall be adjusted in accordance with the formula: W' = W x A --- ------ O + P --- -- M where: W' = the adjusted Warrant Number. W = the Warrant Number immediately prior to any such issuance. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stock. P = the aggregate consideration received for the issuance of such additional shares of Common Stock. M = the Specified Current Market Value per share of Common Stock on the date of issuance of such additional addi- tional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Fair Value per share on the date the Company fixes the offering price of such additional shares, the Warrant Number applicable Exercise Price shall be adjusted in accordance with the formula: WP ------ E' = W E x A --- O + P --- M ----------------- A where: WE' = the adjusted Warrant NumberExercise Price. W E = the Warrant Number immediately prior to any such issuancethen current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stockshares. P = the aggregate consideration received for the issuance of such additional shares of Common Stockshares. M = the Specified Fair Value per share of Common Stock on the date of issuance of such additional sharesshares of Common Stock. A = the number of shares outstanding of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Value Closing Price per share on the date the Company fixes the offering price of such additional shares, the number of shares of Common Stock issuable upon exercise of each Warrant Number shall be adjusted in accordance with the formula: W' = W x A --- O + P --- M where: W' N’ = the adjusted Warrant Numbernumber of shares of Common Stock issuable upon exercise of each Warrant. W N = the Warrant Number immediately prior to any such issuancecurrent number of shares of Common Stock issuable upon exercise of each Warrant. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stockshares. P = the aggregate consideration received for the issuance of such additional shares of Common Stockshares. M = the Specified Value Closing Price per share of Common Stock on the date of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stockshares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company Holding issues shares of Common Stock for a consideration per share less than the Specified Value per share share, on the date the Company Holding fixes the offering price of such additional shares, the Warrant Number shall be adjusted in accordance with the formula: W' = W x W'= Wx A --- ------ O + P --- - M where: W' = the adjusted Warrant Number. W = the Warrant Number immediately prior to any such issuance. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stock. P = the aggregate consideration received for the issuance of such additional shares of Common Stock. M = the Specified Value per share of Common Stock on the date of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:9.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Value Current Market Price per share of Common Stock on the date the Company fixes the offering price of such additional shares, the Warrant Number Exercise Price shall be adjusted in accordance with the formula: W' = W x A --- P O + P --- ____ M E1 = E x _____ A where: W' : E 1 = the adjusted Warrant NumberExercise Price. W E = the Warrant Number immediately prior to any such issuancethen current Exercise Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stockshares. P = the aggregate consideration received for the issuance of such additional shares of Common Stockshares. M = the Specified Value Current Market Price per share of Common Stock on the date of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stockshares. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company Maker issues shares of Common Stock for a consideration per share less than the Specified Value Conversion Price per share on the date the Company Maker fixes the offering price of such additional shares, the Warrant Number applicable Conversion Price shall be adjusted in accordance with the formula: W' P E’ = W E x A --- O + P --- M E ----------------- A where: W' E’ = the adjusted Warrant NumberConversion Price. W E = the Warrant Number immediately prior to any such issuancethen current Conversion Price. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stockshares. P = the aggregate consideration received for the issuance of such additional shares of Common Stock. M = the Specified Value per share of Common Stock on the date of issuance of such additional shares. A = the number of shares outstanding of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.

Adjustment for Common Stock Issue. If the Company issues shares of Common Stock for a consideration per share less than the Specified Current Market Value per share on the date the Company fixes the offering price of such additional shares, the Warrant Number shall be adjusted in accordance with the formula: W' = W x A --- -------- O + P --- -- M where: W' = the adjusted Warrant Number. W = the Warrant Number immediately prior to any such issuance. O = the number of shares of Common Stock outstanding immediately prior to the issuance of such additional shares of Common Stock. P = the aggregate consideration received for the issuance of such additional shares of Common Stock. M = the Specified Current Market Value per share of Common Stock on the date of issuance of such additional shares. A = the number of shares of Common Stock outstanding immediately after the issuance of such additional shares of Common Stock. The adjustment shall be made successively whenever any such issuance is made, and shall become effective immediately after such issuance. This subsection (d) does not apply to any of the transactions described in subsection (a) of this Section 4.1 or the issuances described below:.