Adjustment in Exercise Price. Upon each adjustment in the number of Warrant Shares for which a Warrant is exercisable pursuant to this Section 7, --------- the Exercise Price for such Warrant shall be adjusted to equal an amount per share of Common Stock equal to the Exercise Price before such adjustment multiplied by a fraction, of which the numerator is the number of Warrant Shares for which a Warrant is exercisable immediately before giving effect to such adjustment and the denominator of which is the number of Warrant Shares for which a Warrant is exercisable immediately after giving effect to such adjustment; provided, however, that in no event shall the Exercise Price be -------- ------- reduced below the $0.01 per share par value of the Common Stock for which the Warrant is exercisable.
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Adjustment in Exercise Price. Upon each adjustment in the number of Warrant Shares for which a Warrant is exercisable pursuant to this Section 711, --------- the Exercise Price for such Warrant shall be adjusted to equal an amount per share of Common Stock equal to the Exercise Price immediately before such adjustment multiplied by a fraction, of which the numerator is the number of Warrant Shares for which a Warrant is exercisable immediately before giving effect to such adjustment and the denominator of which is the number of Warrant Shares for which a Warrant is exercisable immediately after giving effect to such adjustmentadjustment (without giving effect to the Exchange Right); provided, however, that in no event shall the Exercise Price be -------- ------- reduced below the $0.01 per share par value of the Common Stock for which the Warrant is exercisable.
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Sources: Warrant Agreement (Orbimage Inc)
Adjustment in Exercise Price. Upon each adjustment in the number of Warrant Shares for which a Warrant is exercisable pursuant to this Section 711, --------- the Exercise Price for such Warrant shall be adjusted to equal an amount per share of Common Stock equal to the Exercise Price before such adjustment multiplied by a fraction, of which the numerator is the number of Warrant Shares for which a Warrant is exercisable immediately before giving effect to such adjustment and the denominator of which is the number of Warrant Shares for which a Warrant is exercisable immediately after giving effect to such adjustment; provided, however, that in no event shall the Exercise Price be -------- ------- reduced below the $0.01 per share par value (if any) of the Common Stock for which the Warrant is exercisable.
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Sources: Warrant Agreement (Broadwing Inc)
Adjustment in Exercise Price. Upon each adjustment in the number of Warrant Shares for which a Warrant is exercisable pursuant to this Section 711, --------- the Exercise Price for such Warrant shall be adjusted to equal an amount per share unit of Common Stock equal to the Exercise Price before such adjustment multiplied by a fraction, of which the numerator is the number of Warrant Shares for which a Warrant is exercisable immediately before giving effect to such adjustment and the denominator of which is the number of Warrant Shares for which a Warrant is exercisable immediately after giving effect to such adjustment; provided, however, that in no event shall the Exercise Price be -------- ------- reduced below the $0.01 per share par value (if any) of the Common Stock for which the Warrant is exercisable.
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