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

Adjustment of Exercise Price and Number of Shares of Common Stock. After each adjustment of the Exercise Price pursuant to these adjustment provisions, the number of shares of Common Stock purchasable upon the exercise of each Class B Warrant shall, in each case, equal the number of shares of Common Stock receivable upon exercise thereof prior to such adjustment multiplied by a fraction, the numerator of which shall be the original Exercise Price and the denominator of which shall be such adjusted Exercise Price. The Exercise Price shall be subject to adjustment as set forth below:

Appears in 3 contracts

Samples: Warrant Agreement (Twin Lakes Inc), Warrant Agreement (Crest View Inc), Warrant Agreement (Twin Lakes Inc)

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Adjustment of Exercise Price and Number of Shares of Common Stock. After each adjustment of the Exercise Price pursuant to these adjustment provisions, the number of shares of Common Stock purchasable upon the exercise of each Class B Warrant shall, in each case, equal the number of shares of Common Stock receivable upon exercise thereof prior to such adjustment multiplied by a fraction, the numerator of which shall be the original Exercise Price and the denominator of which shall be such adjusted Exercise Price. The Exercise Price shall be subject to adjustment as set forth below:

Appears in 1 contract

Samples: Warrant Agreement (Hunapu Inc)

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