Spinoff. In the event of a Spinoff, the Purchase Price of the Warrants in effect immediately prior to the Spinoff Calculation Date shall be adjusted, effective on the Spinoff Calculation Date, by multiplying the Purchase Price of the Warrants in effect immediately prior to the Spinoff Calculation Date by the Market Capitalization Percentage of the Company, calculated as of the Spinoff Calculation Date.
Appears in 2 contracts
Sources: Warrant Agreement (Fresh America Corp), Warrant Agreement (Fresh America Corp)