Common use of Effect on Exercise Price of Certain Events Clause in Contracts

Effect on Exercise Price of Certain Events. For purposes of determining the adjusted Exercise Price under Section 3(b) (which, for the avoidance of doubt, the Company expressly agrees shall mean, for all purposes of this Section 3(c), including for purposes of determining whether the Company has issued or sold, or shall be deemed to have issued or sold, any shares of Common Stock for a consideration per Common Share less than a price equal to the Applicable Price), the following shall be applicable:

Appears in 2 contracts

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

Effect on Exercise Price of Certain Events. For purposes of determining the adjusted Exercise Price under Section 3(b) (which, for the avoidance of doubt, the Company expressly agrees shall mean, for all purposes of this Section 3(c), including for purposes of determining whether the Company has issued or sold, or shall be deemed to have issued or sold, any shares of Common Stock Shares for a consideration per Common Share less than a price equal to the Applicable Price), the following shall be applicable:

Appears in 1 contract

Sources: Warrant Agreement (AIT Therapeutics, Inc.)