Adjustment of Number of Shares Purchasable on Exercise of Warrants. Upon each adjustment of the Purchase Price pursuant to Section 3(a) above, the registered holder of each Warrant shall thereafter (until another such adjustment) be entitled to purchase at the adjusted Purchase Price the number of shares, calculated to the nearest full share, obtained by multiplying the number of shares specified in such Warrant (as adjusted as a result of all adjustments in the Purchase Price in effect prior to such adjustment) by the Purchase Price in effect prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.
Appears in 11 contracts
Samples: Class a Redeemable Warrant Agreement (Amalgamated Pictures Corp.), Class B Redeemable Warrant Agreement (Pipeline Data Inc), Class a Redeemable Warrant Agreement (Greater Asia Realty Holdings, LTD.)
Adjustment of Number of Shares Purchasable on Exercise of Warrants. Upon each adjustment of the Purchase Price pursuant to Section 3(a) 3.1 above, the registered holder of each Warrant shall thereafter (until another such adjustment) be entitled to purchase at the adjusted Purchase Price the number of shares, calculated to the nearest full share, obtained by multiplying the number of shares specified in such Warrant (as adjusted as a result of all adjustments in the Purchase Price in effect prior to such adjustment) by the Purchase Price in effect prior to such adjustment and dividing the product so obtained by the adjusted Purchase Price.
Appears in 4 contracts
Samples: Warrant Agreement (Jubilee Gaming Enterprises Inc), Redeemable Warrant Agreement (Choicetel Communications Inc /Mn/), Warrant Agreement (Wilsons the Leather Experts Inc)
