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

Adjustment of Exercise Price and Number of Warrant Shares Issuable. The Exercise Price and the number of Warrant Shares issuable upon the exercise of each Warrant shall be subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 7. Notwithstanding anything to the contrary in this Agreement, in no event shall the Exercise Price be less than the par value of the Common Stock. For purposes of this Section 7, "

Appears in 3 contracts

Samples: Credit Agreement (National Coal Corp), Warrant Agreement (National Coal Corp), Warrant Agreement (National Coal Corp)

AutoNDA by SimpleDocs

Adjustment of Exercise Price and Number of Warrant Shares Issuable. The Exercise Price and the number of Warrant Shares issuable upon the exercise of each Warrant shall be subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 7. Notwithstanding anything to the contrary in this Agreement, 8; provided that in no event shall the Exercise Price be less than the par value $0.01 per share of the Common Stock. For purposes of this Section 78, "

Appears in 2 contracts

Samples: Warrant Agreement (Grande Communications Holdings, Inc.), Warrant Agreement (Barneys New York Inc)

AutoNDA by SimpleDocs

Adjustment of Exercise Price and Number of Warrant Shares Issuable. The Exercise Price and the number of Warrant Shares issuable upon the exercise of each Warrant shall be subject to adjustment from time to time upon the occurrence of the events enumerated in this Section 7SECTION 8. Notwithstanding anything to the contrary in this Agreement, in no event shall the Exercise Price be less than the lower of the par value of the Common Stock or $0.01 per share of Common Stock. For purposes of this Section 7SECTION 8, "

Appears in 1 contract

Samples: Warrant Agreement (National Coal Corp)

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