Initial Number of Warrant Shares Sample Clauses

The "Initial Number of Warrant Shares" clause defines the specific quantity of shares that a warrant holder is entitled to purchase when the warrant is first issued. This clause typically states the exact number of shares or provides a formula for determining the amount, ensuring both parties understand the scope of the warrant rights from the outset. By clearly establishing the initial share entitlement, this clause prevents future disputes and provides certainty regarding the potential dilution and ownership structure.
Initial Number of Warrant Shares. The number of Warrant Shares issuable upon the exercise of the Warrant shall be ___________ subject to adjustment from time to time upon the occurrence of the events enumerated in, or as otherwise provided in, this Section 9.
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Initial Number of Warrant Shares. The number of Warrant Shares issuable upon the exercise of the Warrant shall be 25,000 subject to adjustment from time to time upon the occurrence of the events enumerated in, or as otherwise provided in, this Section 9.
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Initial Number of Warrant Shares. This Warrant shall upon its issuance be exercisable in accordance with the terms hereof for 100,000 shares of Preferred Stock (the "Initial Number") subject to adjustment pursuant to Section 10 hereof. The number of shares of Preferred Stock actually issued will be subject to further adjustment in the event and to the extent the Holder designates the "net issuance" method of exercise set forth on the Purchase Form.
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Related to Initial Number of Warrant Shares

  • Number of Warrant Shares Simultaneously with any adjustment to the Exercise Price pursuant to this Section 9, the number of Warrant Shares that may be purchased upon exercise of this Warrant shall be increased or decreased proportionately, so that after such adjustment the aggregate Exercise Price payable hereunder for the adjusted number of Warrant Shares shall be the same as the aggregate Exercise Price in effect immediately prior to such adjustment.

  • Adjustment of Number of Warrant Shares Issuable Upon Exercise of a Warrant and Adjustment of Exercise Price.

  • Adjustment in Number of Warrant Shares When any adjustment is required to be made in the Purchase Price pursuant to subsections 2(a) or 2(b), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Purchase Price in effect immediately prior to such adjustment, by (ii) the Purchase Price in effect immediately after such adjustment.

  • Adjustment of Number of Warrant Shares and Exercise Price The number and kind of Warrant Shares purchasable upon exercise of this Warrant and the Exercise Price shall be subject to adjustment from time to time as follows:

  • ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES The Exercise Price and the number of Warrant Shares shall be adjusted from time to time as follows: