Adjustment for Dilutive Issuances. If the Company, at any time after the date of this Warrant, shall issue any shares of Common Stock or securities of the Company convertible into shares of Common Stock at a price per share of Common Stock less than the Exercise Price in effect immediately prior to such issuance, in any case other than an Excluded Issuance (as hereinafter defined) (a “Dilutive Issuance”), then, and in each such case, the Exercise Price shall be reduced to the effective per share price of the Common Stock in connection with such additional issuance of securities. The following shall be deemed “Excluded Issuances” for the purpose of this Section 4.3:
Adjustment for Dilutive Issuances. If the Company, at any time after the date of this Warrant, shall issue any shares of Common Stock or securities of the Company convertible into shares of Common Stock at a price per share of Common Stock less than the Exercise Price in effect immediately prior to such issuance, in any case other than an Excluded Issuance (as hereinafter defined) (a “Dilutive Issuance”), then, and in each such case, the Exercise Price shall be reduced to the effective per share price of the Common Stock in connection with such additional issuance of securities.
Adjustment for Dilutive Issuances. In addition to the adjustment --------------------------------- of the respective Conversion Prices provided in Sections 6(a), 6(b) and 6(c) above, the Conversion Price shall be subject to further adjustment from time to time as follows:
Adjustment for Dilutive Issuances. (a) If the Company shall issue or sell after the Effective Date, in a single or series of transactions (the "Transaction"), $3 million or more of Ordinary Shares at an effective price per share below (the "Reduced Price") the Current Warrant Price, the Current Warrant Price shall be reduced to equal the Reduced Price; provided that any sales of Ordinary Shares within a three month period shall be deemed to be a single transaction for purposes of this Section 4.2(a); and provided, further that this adjustment shall only apply to the Company's first Transaction following the Effective Date.
Adjustment for Dilutive Issuances. Without duplication of any adjustment otherwise provided for under this Section 7, the number of shares of Common Stock issuable upon conversion of the Warrant Shares issuable hereunder shall be subject to adjustment from time to time in the manner set forth in the Company’s Certificate of Incorporation as if the Warrant Shares were issued and outstanding on and as of the date of any such required adjustment. The provisions set forth for the Class in the Company’s Certificate of Incorporation relating to the above in effect as of the Issue Date (with respect to the Series C-3 Stock), or in effect as of the date (if any) on which the Class becomes the Next Financing Series) may not be amended, modified or waived, without the prior written consent of Holder unless such amendment, modification or waiver affects the rights associated with the Warrant Shares in the same manner as such amendment, modification or waiver affects the rights associated with all other shares of the Class.
Adjustment for Dilutive Issuances. The Exercise Price and the ----------------------------------- number of shares of Common Stock issuable upon exercise of this Warrant shall be adjusted from time to time as follows:
Adjustment for Dilutive Issuances. The number of shares of Common Stock issuable upon conversion of the Warrant Shares, shall be subject to adjustment, from time to time in the manner set forth in the Company’s Certificate of Incorporation as if the Warrant Shares were issued and outstanding on and as of the date of any such required adjustment. The provisions set forth for the Series D Preferred Stock in the Company’s Certificate of Incorporation relating to the above in effect as of the Issue Date may not be amended, modified or waived, without the prior written consent of Holder unless such amendment, modification or waiver affects the rights associated with the Warrant Shares in exactly the same manner as such amendment, modification or waiver affects the rights associated with all other shares of the same series and class as the Warrant Shares.
Adjustment for Dilutive Issuances. If the Company shall issue any shares of Common Stock, or shall issue any Common Stock Equivalents (as defined below), for a consideration per share less than the Current Warrant Price then in effect immediately prior to the issuance of such Common Stock or Common Stock Equivalents, then, except as provided for in clause (iv) below, the Current Warrant Price in effect immediately prior to each such issuance shall be decreased to the amount determined in accordance with the following formula: Current Warrant Price = (P1 * Q1) + (P2 * Q2) Q1 + Q2 Where:
Adjustment for Dilutive Issuances. Except for (i) Excluded Stock; (ii) as expressly provided in Section 3.2; and (iii) as otherwise agreed in writing by the Holder, in the event the Company issues Common Stock or securities convertible into Common Stock (the “Additional Stock”) at a price less than the Warrant Price in effect immediately prior to such issuance, the Warrant Price and the Warrant Shares will be subject to adjustment as follows: (a) the Warrant Price shall be adjusted on a broad-based weighted average basis determined by multiplying the Warrant Price by a fraction, the numerator of which shall be the number of shares of Common Stock outstanding immediately prior to such issuance plus the number of shares of Common Stock that the aggregate consideration received by the Company for such issuance would purchase at such Warrant Price and the denominator of which shall be the number of shares of Common Stock outstanding immediately prior to such issuance plus the number of shares of such Additional Stock; and (b) the Warrant Shares shall be adjusted to equal that number of shares equal to the quotient of $244,713.00 divided by the Warrant Price as adjusted pursuant to the immediately preceding subsection (a). The Warrant Price and the Warrant Shares will be adjusted for future subdivisions, combinations, reclassifications, or recapitalizations.
Adjustment for Dilutive Issuances. If the Company shall issue any shares of Common Stock, or shall issue any Common Stock Equivalents (as defined below), for a consideration per share less than the Current Warrant Price then in effect immediately prior to the issuance of such Common Stock or Common Stock Equivalents, then, except as provided for in clause (iv) below, the Current Warrant Price in effect immediately prior to each such issuance shall be decreased to the amount determined in accordance with the following formula: Current Warrant Price = (P1 * Q1) + (P2 * Q2) Q1 + Q2 Where: P1 = the Current Warrant Price in effect immediately prior to such issuance Q1 = the number of shares of Common Stock and Common Stock Equivalents outstanding immediately prior to such issuance P2 = the average price per share received by the Corporation upon such issuance (determined in accordance with clauses (ii) and (iii) below). Q2 = the number of shares of Common Stock and Common Stock Equivalents issued or sold, or deemed to have been issued or sold (in accordance with clause (iii) below) upon such issuance No further adjustment to the Current Warrant Price shall be made upon the subsequent issue of shares of Common Stock upon the exercise, conversion or exchange of any Common Stock Equivalents. For purpose of any adjustment of the Current Warrant Price pursuant to this Section 4.3, the following provisions shall be applicable:
