Common use of Adjustment in Exercise Price Clause in Contracts

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a Warrant pursuant to this Section 7, each applicable Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 = E x N N1 where: E1 = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 = the adjusted number of Warrant Shares issuable upon exercise of an applicable Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 7, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a each Warrant pursuant to this Section 711, each applicable Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 = E x N N1 Table of Contents where: E1 E’ = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 N’ = the adjusted number of Warrant Shares issuable upon exercise of an applicable a Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable a Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 711, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.

Adjustment in Exercise Price. (a) Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a each Warrant pursuant to this Section 711, each applicable Warrant outstanding prior to the making of the adjustment shall is to thereafter have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 E’ = E x (N N1 / N’) where: E1 E’ = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 N’ = the adjusted number of Warrant Shares issuable upon exercise of an applicable a Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable a Warrant by payment of the Exercise Price prior to adjustment. . (b) Whenever the Exercise Price is adjusted pursuant to this Section 11.11, the Redemption Threshold shall be adjusted to be equal to 200% of the Exercise Price. (c) Following any adjustment to the applicable Exercise Price pursuant to this Section 711, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall is to never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall is to be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per shareoccurs.

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a each Warrant pursuant to this Section 711A, each applicable Warrant outstanding prior to the making of the adjustment shall thereafter shall have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 E' = E x N N1 --- N' where: E1 E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 N' = the adjusted number of Warrant Shares issuable upon exercise of an applicable a Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable a Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 711A, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a each Warrant pursuant to this Section 711, each applicable Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 N E' = E e x N N1 ----- N' where: E1 E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 N' = the adjusted number of Warrant Shares issuable upon exercise of an applicable a Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable a Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 711, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a each Warrant pursuant to this Section 7SECTION 11, each applicable Warrant outstanding prior to the making of the adjustment shall thereafter shall have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 E' = E x N N1 -- N' where: E1 = E'= the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 = N'= the adjusted number of Warrant Shares issuable upon exercise of an applicable a Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable a Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 7SECTION 11, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.

Adjustment in Exercise Price. Upon each event Event that provides for an adjustment of the number of shares of Common Series C Preferred Stock issuable upon the exercise of a this Warrant pursuant to this Section 79, each applicable this Warrant if outstanding prior to the making of the adjustment shall thereafter have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 = N E'= E x N N1 --- N' where: E1 E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 N' = the adjusted number of Warrant Shares Series C Preferred Stock issuable upon the exercise of an applicable this Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares Series C Preferred Stock previously issuable upon the exercise of an applicable this Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 79, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrantsthis Warrant, shall never be less than the Series C Preferred Stock par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event Event listed above shall occur. The Company hereby agrees with each holder of Warrants the Holder that it shall not increase the par value of the Common Stock above its current par value of $.01 0.0001 per share.

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a each Warrant pursuant to this Section 711, each applicable Warrant outstanding prior to the making of the adjustment shall thereafter shall have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 E' = E x N N1 --- N' where: E1 E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 N' = the adjusted number of Warrant Shares issuable upon exercise of an applicable a Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable a Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 711, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a each Warrant pursuant to this Section 711, each applicable Warrant outstanding prior to the making of the adjustment shall thereafter shall have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 E' = E x N N1 - N' where: E1 E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 N' = the adjusted number of Warrant Shares issuable upon exercise of an applicable a Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable a Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 711, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable Warrants, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each holder of Warrants that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of a Warrant pursuant to this Section 7, each applicable the Warrant outstanding prior to the making of the adjustment shall thereafter have an adjusted applicable Exercise Price (calculated to the nearest ten millionth) obtained from the following formula: E1 = E x N N1 where: E1 = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N1 = the adjusted number of Warrant Shares issuable upon exercise of an applicable the Warrant by payment of the adjusted Exercise Price. N = the number of Warrant Shares previously issuable upon exercise of an applicable the Warrant by payment of the Exercise Price prior to adjustment. Following any adjustment to the applicable Exercise Price pursuant to this Section 7, the amount payable, when adjusted and together with any consideration allocated to the issuance of the applicable WarrantsWarrant, shall never be less than the par value per Warrant Share at the time of such adjustment. Such adjustment shall be made successively whenever any event listed above shall occur. The Company hereby agrees with each the holder of Warrants the Warrant that it shall not increase the par value of the Common Stock above its current par value of $.01 per share.