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

Adjustment in Number of Warrant Shares. Whenever the Exercise Price payable upon exercise of a Warrant is adjusted pursuant to this Section 6(c), the Warrant Shares issuable on exercise of the Warrant shall simultaneously be adjusted by multiplying the number of the Warrant Shares issuable upon exercise of the Warrant immediately prior to such event by the Exercise Price in effect on the date thereof and dividing the product so obtained by the Exercise Price, as adjusted.