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

Adjustment of Number of Shares Purchasable. Upon each adjustment of the per share Warrant Price, the number of shares of Common Stock purchasable hereunder shall be adjusted by multiplying the number of shares of Common Stock purchasable hereunder immediately prior to such adjustment of the per share Warrant Price by a fraction, the numerator of which shall be the per share Warrant Price in effect immediately prior to such adjustment and the denominator of which shall be the per share Warrant Price in effect immediately following such adjustment.

Appears in 8 contracts

Sources: Warrant Agreement (Flow International Corp), Warrant Agreement (Flow International Corp), Warrant Agreement (Horizon Pharmacies Inc)

Adjustment of Number of Shares Purchasable. Upon each adjustment of the per share Warrant Price, the number of shares of Common Stock purchasable hereunder shall be adjusted by multiplying dividing the number of shares of Common Stock purchasable hereunder immediately prior to such adjustment of the per share Aggregate Warrant Price by a fraction, the numerator of which shall be the per share Warrant Price in effect immediately prior to such adjustment and the denominator of which shall be the per share Warrant Price in effect immediately following such adjustment.

Appears in 1 contract

Sources: Warrant Agreement (Vision Twenty One Inc)

Adjustment of Number of Shares Purchasable. Upon each adjustment of the per share Warrant Price, the number of shares of Common Stock purchasable hereunder shall be adjusted by multiplying so that the number of shares of Common Stock purchasable hereunder immediately prior shall be equal to such adjustment of the per share applicable Aggregate Warrant Price divided by a fraction, the numerator of which shall be the per share Warrant Price in effect immediately prior to such adjustment and the denominator of which shall be the per share Warrant Price in effect immediately following such adjustment.

Appears in 1 contract

Sources: Warrant Agreement (American Homestar Corp)

Adjustment of Number of Shares Purchasable. Upon each adjustment of the per share Warrant Price, the number of shares of Common Stock purchasable hereunder shall be Warrant adjusted by multiplying the number of shares of Common Stock purchasable hereunder immediately prior to such adjustment of the per share Warrant Price by a fraction, the numerator of which shall be the per share Warrant Price in effect immediately prior to such adjustment and the denominator of which shall be the per share Warrant Price in effect immediately following such adjustment.

Appears in 1 contract

Sources: Warrant Agreement (Horizon Pharmacies Inc)