Common use of Adjustment in Number of Warrant Shares Clause in Contracts

Adjustment in Number of Warrant Shares. When any adjustment is required to be made in the Exercise Price, the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Warrant Agreement (Igi Inc), Common Stock Purchase Warrant (Igi Inc)

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Adjustment in Number of Warrant Shares. When any adjustment is required to be made in the Exercise Price, the number of Warrant Shares purchasable issuable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Igi Inc), Common Stock Purchase Warrant (Igi Inc)

Adjustment in Number of Warrant Shares. When any adjustment is required to be made in the Exercise PricePrice pursuant to subsections 3(a) or 3(b), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Warrant Agreement (Juhl Wind, Inc), Warrant Agreement (Juhl Wind, Inc)

Adjustment in Number of Warrant Shares. When any adjustment is -------------------------------------- required to be made in the Exercise Price, the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Igi Inc), Common Stock Purchase Warrant (Igi Inc)

Adjustment in Number of Warrant Shares. When any Upon each adjustment is required to be made in of the Exercise PricePrice pursuant to the provisions of this Section 3, the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this each Warrant immediately prior shall be adjusted to such adjustment, multiplied the nearest full shares of Common Stock by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment, adjustment by (ii) the number of Warrant Shares issuable upon exercise of the Warrants immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price in effect immediately after such adjustmentPrice.

Appears in 1 contract

Samples: Warrant Agreement (U-Vend, Inc.)

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Adjustment in Number of Warrant Shares. When any adjustment is required to be made in the Exercise PricePrice pursuant to subsections 2(a) or 2(b), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Environmental Power Corp)

Adjustment in Number of Warrant Shares. When any adjustment is --------------------------------------- required to be made in the Exercise PricePrice pursuant to subsections 2(a) or 2(b), the number of Warrant Shares purchasable upon the exercise of this Warrant shall be changed to the number determined by dividing (i) an amount equal to the number of shares issuable upon the exercise of this Warrant immediately prior to such adjustment, multiplied by the Exercise Price in effect immediately prior to such adjustment, by (ii) the Exercise Price in effect immediately after such adjustment.

Appears in 1 contract

Samples: Common Stock Purchase Warrant (Senesco Technologies Inc)

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