Adjustment of Exercise Price and Warrant Shares. After each adjustment of the Exercise Price pursuant to this Section 8, the number of Warrant Shares 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 shall be subject to adjustment as set forth below:
Appears in 5 contracts
Samples: Warrant Agreement (Global Med Technologies Inc), Warrant Agreement (Kestrel Energy Inc), Warrant Agreement (Global Med Technologies Inc)
