Common use of Adjustment Certificate Clause in Contracts

Adjustment Certificate. When any adjustment is required to be made in the Shares or the Warrant Price pursuant to Section 4 or otherwise, the Company shall promptly mail to the Holder a certificate setting forth (i) a brief statement of the facts requiring such adjustment, (ii) the Warrant Price after such adjustment and (iii) the kind and amount of stock or other securities or property into which this Warrant shall be exercisable after such adjustment. In addition, at such time after the date hereof as the Company determines the series of Preferred Stock and number of Shares for which this Warrant shall be exercisable and the Warrant Price, it shall deliver to the Holder a supplement setting forth such series, number of Shares and Warrant Price.

Appears in 6 contracts

Samples: Warrant Agreement (Auspex Pharmaceuticals, Inc.), Warrant Agreement (Auspex Pharmaceuticals, Inc.), Warrant Agreement (Cardionet Inc)

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