Common use of Adjustment in Number of Warrant Shares Clause in Contracts

Adjustment in Number of Warrant Shares. When any adjustment is required to be made in the Purchase Price, the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 28 contracts

Sources: Stock Purchase Warrant Agreement (Mammatech Corp), Stock Purchase Warrant Agreement (Mammatech Corp), Warrant Agreement (Adaptec Inc)

Adjustment in Number of Warrant Shares. When any adjustment is required to be made in to the Purchase PricePrice pursuant to Subsections 2(a) or 2(b), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 16 contracts

Sources: Warrant Agreement (CytoCore Inc), Warrant Agreement (CytoCore Inc), Warrant Agreement (CytoCore Inc)

Adjustment in Number of Warrant Shares. When any adjustment is required to be made in the Purchase PricePrice pursuant to subsections 2(a), 2(b) or 2(c), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 6 contracts

Sources: Warrant Agreement (Celcuity Inc.), Common Stock Purchase Warrant (Parallax Health Sciences, Inc.), Common Stock Purchase Warrant (BioAmber Inc.)

Adjustment in Number of Warrant Shares. When any adjustment is required to be made in the Purchase PricePrice pursuant to subsections 2(d), 2(g) or 2(h), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

Appears in 1 contract

Sources: Common Stock Purchase Warrant (Chindex International Inc)