Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.
Appears in 13 contracts
Sources: Warrant Agreement, Class a Warrant Agent Agreement (Trilink Energy, Inc.), Warrant Agreement (Optical Cable Corp)
Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein providedpursuant to Section 8.1(a), the Exercise Price payable upon exercise of for each Warrant Share immediately prior to such adjustment shall be adjusted (to the nearest cent) by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment the Adjustment Event and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafterafter the Adjustment Event.
Appears in 9 contracts
Sources: Settlement Agreement, Warrant Agreement (Macatawa Bank Corp), Settlement and Release Agreement (Macatawa Bank Corp)
Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable acquirable upon the exercise of each Warrant the Warrants is adjusted as herein providedprovided in Section 4(c), the Exercise Price payable upon exercise of each Warrant shall be adjusted to equal the Exercise Price immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price multiplied by a fraction, fraction (A) the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each for which a Warrant is exercisable immediately prior to such adjustment and (B) the denominator of which shall be the number of Warrant Shares purchasable for which a Warrant is exercisable immediately thereafterafter such adjustment.
Appears in 3 contracts
Sources: Warrant Agreement (B. Riley Financial, Inc.), Warrant Agreement (B. Riley Financial, Inc.), Warrant Agreement (B. Riley Financial, Inc.)
Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein providedprovided in this Section, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment adjustment, and of which the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.
Appears in 2 contracts
Sources: Warrant Agreement (Merit Medical Systems Inc), Warrant Agreement (Cimetrix Inc)
Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable acquirable upon the exercise of each Warrant the Warrants is adjusted as herein providedprovided in Section 4(b), the Exercise Price payable upon exercise of each Warrant shall be adjusted to equal the Exercise Price immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price multiplied by a fraction, fraction (A) the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each for which a Warrant is exercisable immediately prior to such adjustment and (B) the denominator of which shall be the number of Warrant Shares purchasable for which a Warrant is exercisable immediately thereafterafter such adjustment.
Appears in 1 contract
Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each this Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each this Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each this Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.
Appears in 1 contract
Sources: Warrant Agreement (Enlighten Software Solutions Inc)
Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.multiplying
Appears in 1 contract
Adjustment in Exercise Price. Whenever the number of Warrant Shares ---------------------------- purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.
Appears in 1 contract
Sources: Warrant Agreement (Vencor Inc /New/)
Adjustment in Exercise Price. Whenever the number of Warrant Shares purchasable upon the exercise of each Warrant is adjusted as herein provided, the Exercise Price payable upon exercise of each Warrant immediately prior to such adjustment shall be adjusted by multiplying such Exercise Price by a fraction, the numerator of which shall be the number of Warrant Shares purchasable upon the exercise of each Warrant immediately prior to such adjustment and the denominator of which shall be the number of Warrant Shares purchasable immediately thereafter.10
Appears in 1 contract
Sources: Warrant Agreement (Streamlogic Corp)