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

Adjustment of Exercise Price and Shares. After each adjustment of the Exercise Price(s) pursuant to this Section 8, the number of shares of Common Stock purchasable upon the exercise of each Warrant shall be the number receivable upon exercise thereof prior to such adjustment multiplied by a fraction, the numerator of which shall be the original Exercise Price as defined in Section 3 above and the denominator of which shall be such adjusted Exercise Price. The Exercise Price of the Warrants shall be subject to adjustment as set forth below:

Appears in 2 contracts

Samples: Warrant Agreement (Meteor Industries Inc), Warrant Agreement (Meteor Industries Inc)

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Adjustment of Exercise Price and Shares. After each adjustment of the Exercise Price(s) Price pursuant to this Section 8, the number of shares of Common Stock purchasable upon on the exercise of each Warrant shall be the number receivable upon exercise thereof prior to derived by dividing such adjustment multiplied by a fraction, the numerator of which shall be adjusted Exercise Price into the original Exercise Price as defined in Section 3 above and the denominator of which shall be such adjusted Exercise Price. The Exercise Price of the Warrants shall be subject to the adjustment as set forth belowfollows:

Appears in 1 contract

Samples: Warrant Agreement (Cell Robotics International Inc)

Adjustment of Exercise Price and Shares. After each adjustment of the Exercise Price(s) pursuant to this Section 8, the number of shares of Common Stock purchasable upon on the exercise of each Warrant such Warrants shall be the number receivable upon exercise thereof prior to derived by dividing such adjustment multiplied by a fraction, the numerator of which shall be adjusted pertinent Exercise Price(s) into the original pertinent Exercise Price as defined in Section 3 above and the denominator of which shall be such adjusted Exercise PricePrice(s). The pertinent Exercise Price of the Warrants Price(s) shall be subject to adjustment as set forth belowfollows:

Appears in 1 contract

Samples: Warrant Agreement (Racom Systems Inc)

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Adjustment of Exercise Price and Shares. After each adjustment of the Exercise Price(s) pursuant to this Section 8, the number of shares of Common Stock purchasable upon the exercise of each Class C Warrant shall be the number receivable upon exercise thereof prior to such adjustment multiplied by a fraction, the numerator of which shall be the original Exercise Price as defined in Section 3 above and the denominator of which shall be such adjusted Exercise Price. The Exercise Price of the Class C Warrants shall be subject to adjustment as set forth below:

Appears in 1 contract

Samples: Warrant Agreement (Contour Medical Inc)

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