Adjustment of Warrant Price and Number of Warrant Shares Clause Samples

Adjustment of Warrant Price and Number of Warrant Shares. The Warrant Price in effect at any time and the number and kind of securities purchasable upon the exercise of this Warrant shall be subject to adjustment from time to time upon the occurrence of certain events, as hereinafter provided. (a) In case the Company shall hereafter (i) pay a dividend or make a distribution on its Common Stock in shares of its Common Stock, (ii) subdivide its outstanding Common Stock, (iii) combine its outstanding Common Stock into a smaller number of shares, or (iv) issue any shares by reclassification of its Common Stock (including any such reclassification in connection with a consolidation or merger in which the Company is the continuing corporation), the Warrant Price in effect at the time of the record date for such dividend or distribution or the effective date of such subdivision, combination or reclassification shall be proportionately adjusted so that the Holder, upon exercise of this Warrant after such date, shall be entitled to receive the aggregate number and kind of shares of Common Stock which, if this Warrant had been exercised immediately prior to such record date, it would have owned upon such exercise and been entitled to receive upon such dividend, distribution, subdivision, combination or reclassification. (b) In case the Company shall hereafter distribute to all holders of its Common Stock shares of stock other than Common Stock, evidences of its indebtedness or assets (excluding cash dividends or distributions out of retained earnings and dividends or distributions referred to in paragraph (a) above), or any rights, warrants or options to subscribe for or purchase shares of Common Stock (or securities convertible into, exercisable for or exchangeable for shares of Common Stock ) (excluding those referred to in paragraph (c) below), then in each such case the Warrant Price in effect thereafter shall be determined by multiplying the Warrant Price in effect immediately prior to the date of such issuance by a fraction, the numerator of which shall be the total number of outstanding shares of Common Stock multiplied by the Fair Market Value Price (as defined below), less the then fair market value (as determined in good faith by the Company's board of directors) of said shares of stock, assets or evidences of indebtedness so distributed or of such rights or warrants, and the denominator of which shall be the total number of outstanding shares of Common Stock multiplied by the Fair Market Value Price. Such adjust...

Adjustment of Warrant Price and Number of Warrant Shares. The number and kind of securities purchasable upon the exercise of each Warrant and the Warrant Price shall be subject to adjustment from time to time upon the happening of certain events as hereinafter defined. For purposes of this Section 11, "Common Stock" means shares now or hereafter authorized of any class of common stock of the Company and any other stock of the Company, however designated, that has the right (subject to any prior rights of any class or series of preferred stock) to participate in any distribution of the assets or earnings of the Company without limit as to per share amount.

Adjustment of Warrant Price and Number of Warrant Shares. The number and kind of securities purchasable upon the exercise of the Warrants and the Warrant Price shall be subject to adjustment from time to time upon the happening of certain events, as hereinafter defined.

Adjustment of Warrant Price and Number of Warrant Shares. Notwithstanding anything to the contrary in this Warrant:

Adjustment of Warrant Price and Number of Warrant Shares. The number and kind of securities purchasable initially upon the exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time upon the occurrence of certain events, as follows:

Adjustment of Warrant Price and Number of Warrant Shares. The number -------------------------------------------------------- and kind of Warrant Shares purchasable upon the exercise of this Warrant and the Warrant Price shall be subject to adjustment from time to time upon the occurrence of certain events, as follows:

Adjustment of Warrant Price and Number of Warrant Shares. For purposes of this Section 11, "Common Stock" means shares now or hereafter authorized of any class of Common Stock of the Company and any other stock of the Company, however designated, that has the right (subject to any prior rights of any class or series of preferred stock) to participate in any distribution of the assets or earnings of the Company without limit as to per share amount.

Adjustment of Warrant Price and Number of Warrant Shares. The number of Warrant Shares purchasable upon the exercise of this Warrant and the Warrant Price shall be subject to adjustment as follows:

Adjustment of Warrant Price and Number of Warrant Shares. The Warrant Price shall be subject to adjustment from time to time as follows: