Common use of Adjustment in Exercise Price Clause in Contracts

Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 10, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredth of one cent) obtained from the following formula: E'= E x N - N' where: E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N' = the adjusted number of Warrant Shares issuable upon exercise of a Warrant. N = the number or Warrant Shares previously issuable upon exercise of a Warrant prior to adjustment.

Appears in 2 contracts

Samples: Warrant Agreement (Oci Holdings Inc), Warrant Agreement (Welsh Carson Anderson & Stowe Ix Lp)

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Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 10, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredth of one cent) obtained from the following formula: E'= E x N - -- N' where: E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N' = the adjusted number of Warrant Shares issuable upon exercise of a Warrant. N = the number or Warrant Shares previously issuable upon exercise of a Warrant prior to adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Concentra Operating Corp)

Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 10, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredth of one centhundredth) obtained from the following formula: E'= E x N - N' where: E' = E'= the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N' = N'= the adjusted number of Warrant Shares issuable upon exercise up onexercise of a Warrant. N = the number or Warrant Shares previously issuable upon exercise of a Warrant prior to adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Geokinetics Inc)

Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 10, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredth of one centhundredth) obtained from the following formula: E'= E x N - N/N' where: E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N' = the adjusted number of Warrant Shares issuable upon up on exercise of a Warrant. N = the number or Warrant Shares previously issuable upon exercise of a Warrant prior to adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Geokinetics Inc)

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Adjustment in Exercise Price. Upon each adjustment of the number of Warrant Shares pursuant to this Section 106, the Exercise Price for each this Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be adjusted to the Exercise Price (calculated to the nearest hundredth of one cent) obtained from the following formula: E'= E x N - --- N' where: E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N' = the adjusted number of Warrant Shares issuable upon exercise or exchange of a this Warrant. N = the number or Warrant Shares previously issuable upon exercise or exchange of a this Warrant prior to adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Magellan Health Services Inc)

Adjustment in Exercise Price. Upon each event that provides for an adjustment of the number of shares of Common Stock issuable upon exercise of each Warrant Shares pursuant to this Section 1011.2, the Exercise Price for each Warrant outstanding prior to the making of the adjustment in the number of Warrant Shares shall thereafter be shall have an adjusted to the Exercise Price (calculated to the nearest hundredth of one centten millionth) obtained from the following formula: E'= E' = E x N - --- N' where: E' = the adjusted Exercise Price. E = the Exercise Price prior to adjustment. N' = the adjusted number of Warrant Shares issuable upon exercise of a WarrantWarrant by payment of the adjusted Exercise Price. N = the number or of Warrant Shares previously issuable upon exercise of a Warrant by payment of the Exercise Price prior to adjustment.

Appears in 1 contract

Samples: Unit Purchase Agreement (GPPW Inc)

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