Common use of Adjustment in Exercise Price Clause in Contracts

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of Ordinary Shares issuable upon exercise of each Warrant pursuant to this Section 11, each Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted Exercise Price (calculated to the nearest ten millionth) obtained from the following formula:

Appears in 2 contracts

Sources: Warrant Agreement (Overture Acquisition Corp.), Warrant Agreement (Overture Acquisition Corp.)

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of Ordinary Shares shares of Common Stock issuable upon exercise of each Warrant pursuant to this Section 11, each Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: where:

Appears in 2 contracts

Sources: Warrant Agreement (NTR Acquisition Co.), Warrant Agreement (GSC Acquisition Co)

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of Ordinary Shares shares of Common Stock issuable upon exercise of each Warrant pursuant to this Section 11, each Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted Exercise Price (calculated to the nearest ten millionth) obtained from the following formula:: E’ = E x N

Appears in 1 contract

Sources: Warrant Agreement (Lambert's Cove Acquisition CORP)

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of Ordinary Shares shares of Common Stock issuable upon exercise of each Warrant pursuant to this Section 11, each Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted Exercise Price (calculated to the nearest ten millionth) obtained from the following formula:: where: E’ = the adjusted Exercise Price. E = the Exercise Price prior to adjustment.

Appears in 1 contract

Sources: Warrant Agreement (Opportunity Acquisition Corp.)

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of Ordinary Shares shares of Common Stock issuable upon exercise of each Warrant pursuant to this Section 11, each Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted Exercise Price (calculated to the nearest ten millionth) obtained from the following formula:

Appears in 1 contract

Sources: Warrant Agreement (GHL Acquisition Corp.)