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

Adjustment in Number of Warrant Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Paragraph 4, the number of Warrant Shares issuable upon exercise of this Warrant shall be adjusted by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 6 contracts

Samples: Stock Purchase Warrant, Warrant Agreement (Adial Pharmaceuticals, Inc.), Warrant Agreement (Adial Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Adjustment in Number of Warrant Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Paragraph Section 4, the number of Warrant Shares issuable upon exercise of this Class A Warrant shall be adjusted by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of this Class A Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (FUND.COM Inc.)

Adjustment in Number of Warrant Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Paragraph 45, the number of Warrant Shares issuable upon exercise of this Warrant shall be adjusted by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of this Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Warrant Agreement (Adial Pharmaceuticals, Inc.)

AutoNDA by SimpleDocs

Adjustment in Number of Warrant Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of this Paragraph Section 4, the number of Warrant Shares issuable upon exercise of this Class B Warrant shall be adjusted by multiplying a number equal to the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares issuable upon exercise of this Class B Warrant immediately prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

Appears in 1 contract

Samples: Securities Purchase Agreement (FUND.COM Inc.)

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