Common use of Floor Price Clause in Contracts

Floor Price. In no event, at any time while this Warrant is outstanding, shall the Exercise Price be adjusted to a price that is less than the Floor Price, including, for the avoidance of doubt, any adjustments provided in this Warrant.

Appears in 10 contracts

Sources: Warrant Agreement (Rubico Inc.), Representative Common Share Purchase Warrant (Rubico Inc.), Common Share Purchase Warrant (OceanPal Inc.)

Floor Price. In no event, at any time while this Warrant is outstanding, shall the Exercise Price be adjusted to a price that is less than the Floor Price, including, for the avoidance of doubt, any adjustments provided in this WarrantWarrant or any other provisions of the Transaction Documents.

Appears in 1 contract

Sources: Class B Common Stock Purchase Warrant (Top Ships Inc.)