Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 104 contracts

Sources: Warrant Agreement (Peninsula Acquisition Corp), Warrant Agreement (Trade Desk, Inc.), Warrant Agreement (Trade Desk, Inc.)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 76 contracts

Sources: Warrant Agreement (Cardiva Medical, Inc.), Loan Agreement, Warrant Agreement (Femasys Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 37 contracts

Sources: Warrant Agreement (Cityzenith Holdings, Inc.), Loan and Security Agreement (Depomed Inc), Warrant Agreement (Butler International Inc /Md/)

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 16 contracts

Sources: Warrant Agreement (Cytation Corp), Warrant Agreement (Cytation Corp), Warrant Agreement (Cytation Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.. j.

Appears in 11 contracts

Sources: Warrant Agreement (Shells Seafood Restaurants Inc), Warrant Agreement (Shells Seafood Restaurants Inc), Warrant Agreement (Shells Seafood Restaurants Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, rounded up to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 8 contracts

Sources: Merger Agreement (Ats Medical Inc), Common Stock and Warrant Purchase Agreement (Ats Medical Inc), Subordinated Credit Agreement (Ats Medical Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant PricePrice pursuant to Section 4 and without duplication of any other adjustment required hereunder, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Sources: Warrant Agreement (Egenera, Inc.), Warrant Agreement (Egenera, Inc.), Warrant Agreement (Egenera, Inc.)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Sources: Warrant Agreement (Endocyte Inc), Warrant Agreement (Cruisestock Inc.), Warrant Agreement (Cruisestock Inc.)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Sources: Warrant Agreement (Onvia Com Inc), Warrant Agreement (Copper Mountain Networks Inc), Warrant Agreement (Microsoft Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Purchase Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Purchase Price by a fraction, the numerator of which shall be the Warrant Purchase Price immediately prior to such adjustment and the denominator of which shall be the Warrant Purchase Price immediately thereafter.

Appears in 5 contracts

Sources: Common Stock Warrant (Exelixis Inc), Common Stock Warrant (Exelixis Inc), Warrant Agreement (Exelixis Inc)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 5 contracts

Sources: Note and Warrant Purchase Agreement (Concentric Network Corp), Loan Agreement (Pilot Network Services Inc), Common Stock Purchase Warrant (Concentric Network Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, rounding down to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 4 contracts

Sources: Warrant Agreement (Nivalis Therapeutics, Inc.), Warrant Agreement (Nivalis Therapeutics, Inc.), Warrant Agreement (Nivalis Therapeutics, Inc.)

Adjustment of Number of Shares. Upon each adjustment in the Warrant PricePrice (under Section 4(c) above), the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Sources: Warrant Agreement (Adeza Biomedical Corp), Warrant Agreement (Adeza Biomedical Corp), Warrant Agreement (Adeza Biomedical Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series D Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Sources: Warrant Agreement (Convio, Inc.), Warrant Agreement (Zapme Corp), Warrant Agreement (Zapme Corp)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant PricePrice pursuant to Sections 4.01(b) or 4.01(c), the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Sources: Warrant Agreement (Corsair Communications Inc), Warrant Agreement (Corsair Communications Inc), Loan and Security Agreement (Corsair Communications Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Sources: Warrant Agreement (Xenogen Corp), Warrant Agreement (Emachines Inc /De/), Warrant Agreement (Emachines Inc /De/)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series C Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Sources: Subscription Agreement (Covad Communications Group Inc), Subscription Agreement (Covad Communications Group Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter, such that the aggregate Warrant Price payable for the exercise of all Shares shall remain the same.

Appears in 2 contracts

Sources: Warrant Agreement (Monument Resources Inc), Warrant Agreement (Monument Resources Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Sources: Warrant Agreement (Nimblegen Systems Inc), Warrant Agreement (Nimblegen Systems Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafterthereafter calculated to five decimal places.

Appears in 1 contract

Sources: Warrant Agreement (Meridian Usa Holdings Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price------------------------------ Price pursuant to Sections 4.01(b) or 4.01(c), the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Loan and Security Agreement (Corsair Communications Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior priori to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Euniverse Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fractionfaction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Tolerrx Inc)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Loan and Security Agreement (QMS Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Superconductor Technologies Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole shareshare (with one half rounded up), to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Authentec Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (One Voice Technologies Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by (1) multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price Price, by (2) a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Common Stock Purchase Agreement (Collagenex Pharmaceuticals Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Purchase Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Purchase Price by a fraction, the numerator of which shall be the Warrant Purchase Price immediately prior to such adjustment and the denominator of which shall be the Warrant Purchase Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Juniper Networks Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred Stock purchasable hereunder shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Acadia Pharmaceuticals Inc)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares shares of Series Preferred Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Zhone Technologies Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Share Calculation Price, the number of Shares of Series Preferred shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Share Calculation Price by a fraction, the numerator of which shall be the Warrant Share Calculation Price immediately prior to such adjustment and the denominator of which shall be the Warrant Share Calculation Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Nuvim Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Sources: Warrant Agreement (Nuvim Inc)