Common use of Adjustment of Exercise Price and Number of Exercise Shares Clause in Contracts

Adjustment of Exercise Price and Number of Exercise Shares. 5.1 In the event of changes in the series of equity securities of the Company comprising the Exercise Shares by reason of stock dividends, splits, recapitalizations, reclassifications, combinations or exchanges of shares, separations, reorganizations, liquidations or the like, the number and class of Exercise Shares available under the Warrant in the aggregate and the Exercise Price shall be correspondingly adjusted to give the Holder of the Warrant, on exercise for the same Aggregate Exercise Price, the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment; provided, however, that such adjustment shall not be made with respect to, and this Warrant shall terminate if not exercised prior to, the events set forth in Section 7 below. For purposes of this Section 5, the “

Appears in 2 contracts

Samples: BioNano Genomics, Inc, BioNano Genomics, Inc

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Adjustment of Exercise Price and Number of Exercise Shares. 5.1 In the event of changes in the series of equity securities outstanding Common Stock of the Company comprising the Exercise Shares by reason of stock dividends, splitssplit-ups, recapitalizations, reclassifications, combinations or exchanges of shares, separations, reorganizations, liquidations liquidations, or the like, the number and class of Exercise Shares shares available under the Warrant in the aggregate and the Exercise Price shall be correspondingly adjusted to give the Holder of the Warrant, on exercise for the same Aggregate aggregate Exercise Price, the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment; provided, however, that such adjustment shall not be made with respect to, and this Warrant shall terminate if not exercised prior to, the events set forth in Section 7 8 below. For purposes The form of this Section 5, Warrant need not be changed because of any adjustment in the number of Exercise Shares subject to this Warrant.

Appears in 2 contracts

Samples: Research and Development Agreement (Ziopharm Oncology Inc), Ziopharm Oncology Inc

Adjustment of Exercise Price and Number of Exercise Shares. 5.1 In the event of changes in the series of equity securities of the Company comprising the Exercise Shares by reason of stock dividends, splits, recapitalizations, reclassifications, combinations or exchanges of shares, separations, reorganizations, liquidations liquidations, or the like, the number and class of Exercise Shares available under the Warrant in the aggregate and the Exercise Price shall be correspondingly adjusted to give the Holder of the Warrant, on exercise for the same Aggregate Exercise Price, the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment; provided, however, that such adjustment shall not be made with respect to, and this Warrant shall terminate if not exercised prior to, the events set forth in Section 7 below. For purposes of this Section 5, the “

Appears in 1 contract

Samples: BioNano Genomics, Inc

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Adjustment of Exercise Price and Number of Exercise Shares. 5.1 In the event of changes in the series of equity securities outstanding Equity of the Company comprising the Exercise Shares by reason of stock dividends, splitssplit-ups, recapitalizations, reclassifications, combinations or exchanges of shares, separations, reorganizations, liquidations liquidations, or the like, the number and class of Exercise Shares shares available under the Warrant in the aggregate and the Exercise Price shall be correspondingly adjusted to give the Holder of the Warrant, on exercise for the same Aggregate aggregate Exercise Price, the total number, class, and kind of shares as the Holder would have owned had the Warrant been exercised prior to the event and had the Holder continued to hold such shares until after the event requiring adjustment; provided, however, that such adjustment shall not be made with respect to, and this Warrant shall terminate if not exercised prior to, the events set forth in Section 7 below. For purposes The form of this Section 5, Warrant need not be changed because of any adjustment in the number of Exercise Shares subject to this Warrant.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Spark Networks PLC)

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