Common use of Time of Adjustments to the Warrant Price Clause in Contracts

Time of Adjustments to the Warrant Price. All adjustments to the Warrant Price and the number of shares purchasable hereunder, unless otherwise specified herein, shall be effective as of the earlier of: (i) the date of issue of the security causing the adjustment; (ii) the date of sale of the security causing the adjustment; (iii) the effective date of a division or combination of shares; (iv) the record date of any action of holders of any class of the Company's capital stock taken for the purpose of entitling shareholders to receive a distribution or dividend payable in equity securities, provided that such division, combination, distribution or dividend actually occurs.

Appears in 5 contracts

Sources: Warrant Agreement (Appiant Technologies Inc), Warrant Agreement (Nhancement Technologies Inc), Warrant Agreement (Appiant Technologies Inc)

Time of Adjustments to the Warrant Price. All adjustments to the Warrant Price and the number of shares purchasable hereunder, unless otherwise specified herein, shall be effective as of the earlier earliest of: (i) the date of issue of the security causing the adjustment; (ii) the date of sale of the security causing the adjustment; (iii) the effective date of a division or combination of shares;; and (iv) the record date of any action of holders of any class of the Company's ’s capital stock taken for the purpose of entitling shareholders to receive a distribution or dividend payable in equity securities, provided that such division, combination, distribution or dividend actually occurs.

Appears in 1 contract

Sources: Warrant Agreement (AtriCure, Inc.)