Per Share Exercise Price. The Per Share Exercise Price is subject to adjustment as hereinafter provided; in the event of any such adjustment, the number of Warrant Shares shall also be adjusted, by dividing the Aggregate Exercise Price by the Per Share Exercise Price in effect immediately after such adjustment. The Aggregate Exercise Price is not subject to adjustment except to the extent of any partial exercise of this Warrant. This Warrant constitutes one in a series of warrants (the "Class A Warrants") which includes this Warrant and any other Class A Warrants issued pursuant to Section 1 and/or Section 2.2 of the Subscription Agreement dated as of even date herewith (the "Subscription Agreement") by and among the Company and the Purchasers (as defined in the Subscription Agreement).
Appears in 2 contracts
Sources: Subscription Agreement (Nephros Inc), Warrant Agreement (Nephros Inc)