Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a) through (c), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 13 contracts

Samples: Warrant (AccelPath, Inc.), AccelPath, Inc., AccelPath, Inc.

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Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any clause (i) of Sections 5 (a) through (cSection 7(c), the number of shares of Common Stock Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 10 contracts

Samples: Cytori Therapeutics, Inc., Cytori Therapeutics, Inc., Cytori Therapeutics, Inc.

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any provision of Sections 5 (a) through (c)this Section 6, the number of shares of Common Stock Shares purchasable hereunder at the Warrant Price shall be adjusted, to the nearest one hundredth of a whole share, to the product obtained by multiplying the such number of shares Common Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 7 contracts

Samples: Purchase Agreement (Gca LTD), Purchase Agreement (Annuity & Life Re Holdings LTD), Purchase Agreement (Global Markets Access LTD)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a) through (c)this Section 5, the number of shares Shares issuable upon exercise of Common Stock purchasable hereunder this Warrant shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of shares purchasable Shares issuable immediately prior to such adjustment in the Warrant Price by a fraction, fraction (i) the numerator of which shall be the Warrant Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Warrant Price immediately thereafterafter such adjustment.

Appears in 7 contracts

Samples: 3dfx Interactive Inc, 3dfx Interactive Inc, 3dfx Interactive Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to Section 4 and without duplication of any of Sections 5 (a) through (c)other adjustment required hereunder, the number of shares Shares of Common Stock Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Samples: Egenera, Inc., Egenera, Inc., Egenera, Inc.

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (aSection 5(b) through (c)or 5(c) above, the number of shares Shares issuable upon exercise of Common Stock purchasable hereunder this Warrant shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of shares purchasable Shares issuable immediately prior to such adjustment in the Warrant Price by a fraction, fraction (i) the numerator of which shall be the Warrant Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Warrant Price immediately thereafterafter such adjustment.

Appears in 4 contracts

Samples: Aviron, Medimmune Inc /De, Aviron

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (aunder Section 4(c) through (cabove), the number of shares Shares of Common Stock Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Adeza Biomedical Corp, Adeza Biomedical Corp, Adeza Biomedical Corp

Adjustment of Number of Shares. Upon each adjustment in the a Warrant Price pursuant to any provisions of Sections 5 (a) through (c)this Section 6, the number of shares of Common Stock purchasable hereunder at that Warrant Price shall be adjusted, to the nearest one hundredth of a whole share, to the product obtained by multiplying the such number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Purchase Agreement (Conmat Technologies Inc), Purchase Agreement (Conmat Technologies Inc), Conmat Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 paragraph 4(a) or (a) through (cb), the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, to the nearest whole share (with one- half share rounded up to the next whole share), to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Logicvision Inc, Logicvision Inc, Fogdog Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any subsection 5.2 of Sections 5 (a) through (c)this Article 5, the number of shares Shares issuable upon exercise of Common Stock purchasable hereunder this Warrant shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of shares purchasable Shares issuable immediately prior to such adjustment in the Warrant Price by a fraction, fraction (i) the numerator of which shall be the Warrant Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Warrant Price immediately thereafterafter such adjustment.

Appears in 3 contracts

Samples: Goodrich Petroleum Corp, First Virtual Corp, Goodrich Petroleum Corp

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any of Sections 5 (a4.01(b) through (cor 4.01(c), the number of shares Shares of Common Stock Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Loan and Security Agreement (Corsair Communications Inc), Corsair Communications Inc, Corsair Communications Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any provision of Sections 5 (a) through (c)this Section 6, the number of shares of Common Stock Ordinary Shares purchasable hereunder at the Warrant Price shall be adjusted, to the nearest one hundredth of a whole share, to the product obtained by multiplying the such number of shares Ordinary Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: Purchase Agreement (Scottish Annuity & Life Holdings LTD), Purchase Agreement (Scottish Annuity & Life Holdings LTD)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a4(a) through (c)) above, the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: Venrock Associates, Warrant Exchange Agreement (Sirna Therapeutics Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a) through (cd), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Viacell Inc), Viacell Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 Subsections (ab) through or (c)) (i) of this Section 4, the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, adjusted to the nearest whole share, to the product obtained that number determined by multiplying the number of shares Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafterfollowing such adjustment.

Appears in 2 contracts

Samples: Consulting Agreement (Day Runner Inc), Consulting Agreement (Tekelec)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any of Sections 5 (a) through (c), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: License and Option Agreement (Orchid Biosciences Inc), License and Option Agreement (Orchid Biosciences Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 Subsections (ab) through or (c)) (i) of this Section 4, the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, adjusted to the nearest whole share, to the product obtained that number determined by multiplying the number of shares such Shares purchasable upon the exercise of the Warrants immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafterfollowing such adjustment.

Appears in 2 contracts

Samples: Modacad Inc, Modacad Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections Section 5 (a) through (c), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: AMEDICA Corp

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price Price, other than an adjustment made pursuant to any of Sections 5 (aSection 4(c) through (c)above, the number of shares of Common Stock Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by (1) multiplying the number of shares Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price Price, by (2) a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Neotherapeutics Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 7(a), (a) through b), (c)) or (e) hereof, the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Advanced Switching Communications Inc

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Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (a5(a) through (c), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Subscription Agreement (Datameg Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 5(a), (ab) through or (c)) hereof, the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Advanced Switching Communications Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 paragraph 4(a) or (a) through (cb), the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, to the nearest whole share (with one-half share rounded up to the next whole share), to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Global Sports Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any this Section 5, but excluding adjustments pursuant to subsection B. 4 of Sections 5 (a) through (c)this Section 5, the number of shares Shares issuable upon exercise of Common Stock purchasable hereunder this Warrant shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of shares purchasable Shares issuable immediately prior to such adjustment in the Warrant Price by a fraction, fraction (i) the numerator of which shall be the Warrant Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Warrant Price immediately thereafterafter such adjustment.

Appears in 1 contract

Samples: 3dfx Interactive Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any of Sections 5 (a) through (c)this Section 4, the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter. 5.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Cais Internet Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 Section 7(a), (ab) through or (c), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Common Stock Purchase (NTN Communications Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price pursuant to any of Sections 5 (a4.01(b) through (cor 4.01(c), the number of shares Shares of Common Stock Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Intercreditor Agreement (Corsair Communications Inc)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any either of Sections 5 (a5(b) through (cor 5(c), the number of shares of Common Stock purchasable hereunder shall be adjusted, in whole shares to the nearest whole share, an amount equal to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Exhibit 10 Agreement (Oxis International Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 under subsections (a), (b) through and (c)) of this section, the number of shares of Common Stock Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Integrated Packaging Assembly Corp

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to any of Sections 5 6 (a) through (cd), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Phytera Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price (other than pursuant to any of Sections 5 (a) through (cSection 4(a)), the number of shares Shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Lasersight Inc /De

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to any of Sections 5 (aSubsections 4(b) through and (c), the number of shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of or which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: HLM Design Inc

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