Common use of Weighted Average Adjustment Clause in Contracts

Weighted Average Adjustment. If the Company issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Warrant Price in effect immediately before such Issue (a “Diluting Issuance”), the Warrant Price in effect immediately before such Issuance of Additional Common Shares shall be reduced, concurrently with such Issuance, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Warrant Price by a fraction: (a) the numerator of which is the amount of common stock outstanding immediately before such Issuance of Additional Common Shares plus the amount of common stock that the aggregate consideration received by Company for the Additional Common Shares would purchase at the Warrant Price in effect immediately before such Issuance of Additional Common Shares, and (b) the denominator of which is the amount of common stock outstanding immediately before such Issue plus the number of such Additional Common Shares.

Appears in 2 contracts

Sources: Warrant Agreement (Homeaway Inc), Warrant Agreement (Homeaway Inc)

Weighted Average Adjustment. If the Company issues Issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Warrant Price in effect immediately before such Issue (a “Diluting Issuance”)Issue, the Warrant Price in effect immediately before such Issuance of Additional Common Shares Issue shall be reduced, concurrently with such IssuanceIssue, to a price -13- Silicon Valley Bank Antidilution Agreement -------------------------------------------------------------------------------- (calculated to the nearest hundredth of a cent) determined by multiplying the Warrant Price by a fraction: (a) the numerator of which is the amount of common stock outstanding immediately before such Issuance of Additional Common Shares Issue plus the amount of common stock that the aggregate consideration received by the Company for the Additional Common Shares would purchase at the Warrant Price in effect immediately before such Issuance of Additional Common SharesIssue, and (b) the denominator of which is the amount of common stock outstanding immediately before such Issue plus the number of such Additional Common Shares.

Appears in 1 contract

Sources: Antidilution Agreement (P Com Inc)

Weighted Average Adjustment. If the Company issues Issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Warrant Price in effect immediately before such Issue (a “Diluting Issuance”)Issue, the Warrant Price in effect immediately before such Issuance of Additional Common Shares Issue shall -1- Silicon Valley Bank Antidilution Agreement -------------------------------------------------------------------------------- be reduced, concurrently with such IssuanceIssue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Warrant Price by a fraction: (a) the numerator of which is the amount of common stock outstanding immediately before such Issuance of Additional Common Shares Issue plus the amount of common stock that the aggregate consideration received by the Company for the Additional Common Shares would purchase at the Warrant Price in effect immediately before such Issuance of Additional Common SharesIssue, and (b) the denominator of which is the amount of common stock outstanding immediately before such Issue plus the number of such Additional Common Shares.

Appears in 1 contract

Sources: Loan Agreement (Natural Gas Vehicle Systems Inc)

Weighted Average Adjustment. If the Company issues Additional Common Shares after the date of the Warrant and the consideration per Additional Common Share (determined pursuant to Section 9) is less than the Warrant Price in effect immediately before such Issue (a “Diluting Issuance”), the Warrant Price in effect immediately before such Issuance of Additional Common Shares Issue shall be reduced, concurrently with such IssuanceIssue, to a price (calculated to the nearest hundredth of a cent) determined by multiplying the Warrant Price by a fraction: (a) the numerator of which is the amount of common stock Preferred Series B Stock outstanding immediately before such Issuance of Additional Common Shares Issue plus the amount of common stock Preferred Series B Stock that the aggregate consideration received by Company for the Additional Common Shares would purchase at the Warrant Price in effect immediately before such Issuance of Additional Common SharesIssue, and (b) the denominator of which is the amount of common stock Preferred Series B Stock outstanding immediately before such Issue plus the number of such Additional Common Shares.

Appears in 1 contract

Sources: Warrant Agreement (IPC the Hospitalist Company, Inc.)