Common use of Adjustment in Number of Securities Clause in Contracts

Adjustment in Number of Securities. Upon each adjustment of the Exercise Price pursuant to the provisions of this Section 8, the number of securities issuable upon the exercise of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities issuable upon exercise of the Warrants and/or the Underlying Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 12 contracts

Samples: Warrant Agreement (General Credit Corp), Underwriter's Warrant Agreement (Oregon Baking Co Dba Marsee Baking), Underwriters's Unit Purchase Option or Warrant Agreement (Gen Trak Inc)

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Adjustment in Number of Securities. Upon each adjustment of the Exercise Price pursuant to the provisions of this Section 8, the number of securities issuable upon the exercise of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities issuable upon exercise of the Warrants and/or the Underlying Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 6 contracts

Samples: Agent Warrant Agreement (Graymark Productions Inc), Agent Warrant Agreement (Graymark Productions Inc), Underwriter's Warrant Agreement (Cropking Inc)

Adjustment in Number of Securities. Upon each adjustment of the Exercise Price pursuant to the provisions of this Section 8, the number of securities issuable upon the exercise of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full fill amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities Warrant Securities issuable upon exercise of the Warrants and/or the Underlying Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 3 contracts

Samples: Warrant Agreement (Home Director Inc), Warrant Agreement (Home Director Inc), Warrant Agreement (Home Director Inc)

Adjustment in Number of Securities. Upon each adjustment of the Exercise Price pursuant to the provisions of this Section 87, the number of securities issuable upon the exercise of each Warrant and/or Underlying Warrant Representative Warrants shall be adjusted to the nearest full amount by multiplying a the number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities issuable upon exercise of the Warrants and/or the Underlying Representative Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 2 contracts

Samples: Representative's Warrant Agreement (2connect Express Inc), Representative's Warrant Agreement (2connect Express Inc)

Adjustment in Number of Securities. Upon each adjustment of the Exercise Price pursuant to the provisions of this Section 8, the number of securities Warrant Securities issuable upon the exercise at the adjusted exercise price of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities Warrant Securities issuable upon exercise of the Warrants and/or the Underlying Warrants Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 2 contracts

Samples: Warrant Agreement (American Diversified Holdings Inc), Warrant Agreement (Amdiv Com Inc)

Adjustment in Number of Securities. Upon each adjustment of the Exercise Price pursuant to the provisions of this Section Article 8, the number of securities issuable upon the exercise of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full amount number by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities issuable upon exercise of the Warrants and/or the Underlying Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 2 contracts

Samples: Warrant Agreement (21st Century Holding Co), Warrant Agreement (21st Century Holding Co)

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Adjustment in Number of Securities. Upon each adjustment of the ---------------------------------- Exercise Price pursuant to the provisions of this Section 8, the number of securities Securities issuable upon the exercise at the adjusted exercise price of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities Warrant Shares issuable upon exercise of the Warrants and/or the Underlying Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Fairfield Communities Inc)

Adjustment in Number of Securities. Upon each adjustment of the Exercise Price pursuant to the provisions of this Section 8SECTION 7, the number of securities issuable upon the exercise of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities issuable upon exercise of the Warrants and/or the Underlying Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Natural Golf Corp)

Adjustment in Number of Securities. Upon each adjustment of the ---------------------------------- Exercise Price pursuant to the provisions of this Section 87, the number of securities Securities issuable upon the exercise at the adjusted exercise price of each Warrant and/or Underlying Warrant shall be adjusted to the nearest full amount by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of securities Warrant Shares issuable upon exercise of the Warrants and/or the Underlying Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Fairfield Communities Inc)

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