Common use of Adjustment for Other Distributions Clause in Contracts

Adjustment for Other Distributions. If the Company distributes to any ---------------------------------- holder of its Common Stock any of its assets (including but not limited to cash, debt securities, preferred stock, or any rights or warrants to purchase debt securities, preferred stock, assets or other securities of the Company), the Warrant Price shall be adjusted in accordance with the formula: W' = W x M - F ------ M Where: W' = the adjusted Warrant Price W = the current Warrant Price M = the current market price per share of Common Stock outstanding on the record date mentioned below F = the Fair Market Value on the record date of the net assets, securities, rights or warrants applicable to one share of Common Stock. The adjustment shall be made successively whenever any such distribution is made and shall become effective immediately after the record date for the determination of stockholders entitled to receive the distribution. This subsection does not apply to rights, options or warrants referred to in subsection (b) of this Section 7.1.

Appears in 6 contracts

Samples: Warrant Agreement (Talton Invision Inc), Warrant Agreement (Talton Invision Inc), Warrant Agreement (Talton Invision Inc)

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Adjustment for Other Distributions. If the Company distributes to ---------------------------------- any ---------------------------------- holder of its Common Stock any of its assets (including but not limited to cash, debt securities, preferred stock, or any rights or warrants to purchase debt securities, preferred stock, assets or other securities of the Company), the Warrant Price shall be adjusted in accordance with the formula: W' = W x M - F ------ M Where: W' = the adjusted Warrant Price W = the current Warrant Price M = the current market price per share of Common Stock outstanding on the record date mentioned below F = the Fair Market Value on the record date of the net assets, securities, rights or warrants applicable to one share of Common Stock. The adjustment shall be made successively whenever any such distribution is made and shall become effective immediately after the record date for the determination of stockholders entitled to receive the distribution. This subsection does not apply to rights, options or warrants referred to in subsection (b) of this Section 7.1.

Appears in 5 contracts

Samples: Warrant Agreement (Talton Invision Inc), Warrant Agreement (Talton Invision Inc), Warrant Agreement (Talton Invision Inc)

Adjustment for Other Distributions. If the Company distributes to any ---------------------------------- holder of its Common Stock any of its assets (including but not limited to cash, debt securities, preferred stock, or any rights or warrants to purchase debt securities, preferred stock, assets or other securities of the Company), the Warrant Price shall be adjusted in accordance with the formula: W' = W x M - F ------ ----- M Where: W' = the adjusted Warrant Price W = the current Warrant Price M = the current market price per share of Common Stock outstanding on the record date mentioned below F = the Fair Market Value on the record date of the net assets, securities, rights or warrants applicable to one share of Common Stock. The adjustment shall be made successively whenever any such distribution is made and shall become effective immediately after the record date for the determination of stockholders entitled to receive the distribution. This subsection does not apply to rights, options or warrants referred to in subsection (b) of this Section 7.1.

Appears in 1 contract

Samples: Warrant Agreement (Talton Invision Inc)

Adjustment for Other Distributions. If the Company distributes to ---------------------------------- any ---------------------------------- holder of its Common Stock any of its assets (including but not limited to cash, debt securities, preferred stock, or any rights or warrants to purchase debt securities, preferred stock, assets or other securities of the Company), the Warrant Price shall be adjusted in accordance with the formula: W' = W x M - F ------ ----- M Where: W' = the adjusted Warrant Price W = the current Warrant Price M = the current market price per share of Common Stock outstanding on the record date mentioned below F = the Fair Market Value on the record date of the net assets, securities, rights or warrants applicable to one share of Common Stock. The adjustment shall be made successively whenever any such distribution is made and shall become effective immediately after the record date for the determination of stockholders entitled to receive the distribution. This subsection does not apply to rights, options or warrants referred to in subsection (b) of this Section 7.1.

Appears in 1 contract

Samples: Warrant Agreement (Talton Invision Inc)

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Adjustment for Other Distributions. If the Company distributes to ---------------------------------- any ---------------------------------- holder of its Common Stock any of its assets (including but not limited to cash, debt securities, preferred stock, or any rights or warrants to purchase debt securities, preferred stock, assets or other securities of the Company), the Warrant Price shall be adjusted in accordance with the formula: W' = W x M - F ------ ----------------- M Where: W' = the adjusted Warrant Price W = the current Warrant Price M = the current market price per share of Common Stock outstanding on the record date mentioned below F = the Fair Market Value on the record date of the net assets, securities, rights or warrants applicable to one share of Common Stock. The adjustment shall be made successively whenever any such distribution is made and shall become effective immediately after the record date for the determination of stockholders entitled to receive the distribution. This subsection does not apply to rights, options or warrants referred to in subsection (b) of this Section 7.1.

Appears in 1 contract

Samples: Warrant Agreement (Evercom Inc)

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