Common use of Adjustment in Purchase Price Clause in Contracts

Adjustment in Purchase Price. Whenever the number of Ordinary Shares purchasable upon the exercise of each Warrant evidenced hereby is adjusted as herein provided, the Purchase Price payable upon exercise of each such Warrant shall be adjusted by multiplying such Purchase Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Ordinary Shares purchasable upon the exercise of each such Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Ordinary Shares purchasable immediately thereafter.

Appears in 5 contracts

Samples: Securities Agreement (Warner Chilcott PLC), Securities Agreement (Warner Chilcott PLC), Securities Agreement (Warner Chilcott PLC)

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