Common use of Adjustment in Number of Shares Clause in Contracts

Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article 5, the number of Shares issuable upon the exercise of this Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 5 contracts

Samples: Asset Purchase Agreement (CPEX Pharmaceuticals, Inc.), Asset Purchase Agreement (CPEX Pharmaceuticals, Inc.), Warrant Agreement (Belmac Corp /Fl/)

AutoNDA by SimpleDocs

Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article 511, the number of Shares issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this Warrant the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 4 contracts

Samples: Underwriting Agreement (Zapworld Com), Underwriter's Warrant Agreement (Protosource Corp), Underwriter's Warrant Agreement (Protosource Corp)

Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article Section 5, the number of Shares shares of Common Stock issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares shares of Common Stock issuable upon exercise of this the Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 3 contracts

Samples: Common Stock Purchase Warrant (Adino Energy Corp), Common Stock Purchase Warrant (Asphalt Paving International Inc), Consulting Agreement (RTG Ventures Inc)

Adjustment in Number of Shares. Upon each adjustment of the ------------------------------ Purchase Price pursuant to the provisions of this Article 5, the number of Shares shares of Common Stock issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares shares of Common Stock issuable upon exercise of this the Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Occupational Health & Rehabilitation Inc)

AutoNDA by SimpleDocs

Adjustment in Number of Shares. Upon each adjustment of the Purchase Price pursuant to the provisions of this Article 58, the number of Shares issuable upon the exercise of this each Warrant shall be adjusted to the nearest full Share by multiplying a number equal to the Purchase Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this Warrant the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.

Appears in 1 contract

Samples: Warrant Agreement (Protosource Corp)

Adjustment in Number of Shares. Upon each adjustment of the Purchase Warrant Price pursuant to the provisions of this Article 5Paragraph 6, the number of Shares issuable upon the exercise of this the Warrant shall be adjusted adjusted, subject to subparagraph 6(c), to the nearest full Share whole number by multiplying a number equal to the Purchase Warrant Price in effect immediately prior to such adjustment by the number of Shares issuable upon exercise of this the Warrant immediately prior to such adjustment and dividing the product so obtained by the then adjusted Purchase Warrant Price.

Appears in 1 contract

Samples: Warrant Agreement (Stealth Medialabs Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!