Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a) through (c), the number of shares of 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 13 contracts

Sources: Warrant to Purchase Common Stock (AccelPath, Inc.), Warrant to Purchase Common Stock (AccelPath, Inc.), Warrant to Purchase Common Stock (AccelPath, Inc.)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any provision of Sections 5 (a) through (c)this Section 6, the number of shares of Common Stock Shares purchasable hereunder at the Warrant Price shall be adjusted, to the nearest one hundredth of a whole share, to the product obtained by multiplying the such number of shares Common 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 7 contracts

Sources: Warrant Agreement (Annuity & Life Re Holdings LTD), Warrant Agreement (Global Markets Access LTD), Warrant Agreement (Global Markets Access LTD)

Adjustment of Number of Shares. Upon each adjustment in the a Warrant Price pursuant to any provisions of Sections 5 (a) through (c)this Section 6, the number of shares of Common Stock purchasable hereunder at that Warrant Price shall be adjusted, to the nearest one hundredth of a whole share, to the product obtained by multiplying the such 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 (Conmat Technologies Inc), Warrant Agreement (Conmat Technologies Inc), Warrant Agreement (Conmat Technologies Inc)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any of Sections 5 (a) through (c), the number of shares of 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 2 contracts

Sources: License and Option Agreement (Orchid Biosciences Inc), License Agreement (Orchid Biosciences Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 subparagraphs (a) through (c)) of this Section 5, the number of shares of 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 2 contracts

Sources: Subscription Agreement (Acacia Research Corp), Financial Consulting Agreement (Acacia Research Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a5(b) through (c)or 5(c) hereof, the number of shares of 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 2 contracts

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

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a) through (cd), the number of shares of 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 2 contracts

Sources: Series J Convertible Preferred Stock Purchase Agreement (Viacell Inc), Warrant Agreement (Viacell Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (aSection 4(b) through (c)hereof, the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, to the nearest next larger 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, fraction (i) the numerator of which shall be the Warrant Price immediately prior to such adjustment and (ii) the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Sources: Amended and Restated Agreement and Plan of Merger (Cardinal Health Inc), Merger Agreement (Cardinal Health Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price (including without limitation an adjustment pursuant to any of Sections 5 (aParagraph 4(h) through (chereof), the number of shares Shares of 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 (Tanox Inc)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any either of Sections 5 (a5(b) through (cor 5(c), the number of shares of Common Stock purchasable hereunder shall be adjusted, in whole shares to the nearest whole share, an amount equal 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: Series F Preferred Stock Purchase Agreement (Oxis International Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections Section 5 (a) through (c), the number of shares of 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 (AMEDICA Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 5(a), (ab) through or (c)) hereof, the number of shares of 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 (Advanced Switching Communications Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a5(a) through (c), the number of shares of 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: Subscription Agreement (Datameg Corp)