Common use of ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES Clause in Contracts

ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES. The Exercise Price shall be subject to adjustment from time to time as provided in this Article III. After each adjustment of the Exercise Price, each Warrantholder shall at any time thereafter be entitled to purchase, at the Exercise Price resulting from such adjustment, the number of Warrant Shares obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant to the provisions of such Warrant immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 21 contracts

Samples: Warrant Agreement (Immunomedics Inc), Form of Warrant Agreement for Common Stock (Sonic Solutions/Ca/), Form of Warrant Agreement for Preferred Stock (Sonic Solutions/Ca/)

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ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES. (a) The Exercise Price shall be subject to adjustment from time to time as provided in this Article III. After each adjustment of the Exercise Price, each Warrantholder shall at any time thereafter be entitled to purchase, at the Exercise Price resulting from such adjustment, the number of Warrant Shares obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant to the provisions of such Warrant immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 3 contracts

Samples: Warrant Agreement (Highland Hospitality Corp), Warrant Agreement (Highland Hospitality Corp), Warrant Agreement (American Capital Strategies LTD)

ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES. The Exercise Price and the total number of Warrant Shares shall be subject to adjustment from time to time as provided upon the occurrence of certain events described in this Article IIISection 3. After Upon each adjustment of the Exercise Price, each Warrantholder the Holder of this Warrant shall at any time thereafter be entitled to purchase, at the Exercise Price resulting from such adjustment, the number of Warrant Shares shares obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares shares purchasable pursuant to the provisions of such Warrant hereto immediately prior to such adjustment adjustment, and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 2 contracts

Samples: Loan Agreement (ConforMIS Inc), Loan Agreement (ConforMIS Inc)

ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES. (a) --------------------------------------------------------- The Exercise Price shall be subject to adjustment from time to time as provided in this Article III. After each adjustment of the Exercise Price, each Warrantholder shall at any time thereafter be entitled to purchase, at the Exercise Price resulting from such adjustment, the number of Warrant Shares obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant to the provisions of such Warrant immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Capital Automotive Reit)

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ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES. The Exercise Price shall be subject to adjustment from time to time as provided in this Article III3. After Upon each adjustment of the Exercise Price, each Warrantholder the --------- Holder shall at any time thereafter be entitled to purchasepurchase pursuant hereto, at the Exercise Price resulting from such adjustment, the number of Warrant Shares obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant to the provisions aggregate number of such Warrant unexercised Warrants represented by this Agreement immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Hob Entertainment Inc /De/)

ADJUSTMENT OF EXERCISE PRICE AND NUMBER OF WARRANT SHARES. The Exercise Price shall be subject to adjustment from time to time as provided in this Article III3. After Upon each adjustment of the Exercise Price, each Warrantholder the Holder shall at any time thereafter --------- be entitled to purchasepurchase pursuant hereto, at the Exercise Price resulting from such adjustment, the number of Warrant Shares obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of Warrant Shares purchasable pursuant to the provisions aggregate number of such Warrant unexercised Warrants represented by this Agreement immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Hob Entertainment Inc /De/)

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