Common use of Adjustment of Number of Shares Purchasable Clause in Contracts

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 9 contracts

Samples: Warrant Agreement (Norand Corp /De/), Warrant Agreement (Norand Corp /De/), Warrant Agreement (Norand Corp /De/)

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Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section Sections 4.1, 4.2 or 4.3 4.2, 4.3, 4.4, 4.6 and 4.8 hereof, as applicable, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 5 contracts

Samples: Warrant Agreement (Corecomm LTD /De/), Warrant Agreement (Corecomm LTD /De/), Warrant Agreement (Corecomm LTD /De/)

Adjustment of Number of Shares Purchasable. Upon any adjustment ------------------------------------------ of the Exercise Price as provided in Section 4.1, 4.2 4.2, 4.4, 4.5 or 4.3 hereof4.6, the Holder hereof holders of the Warrants shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Rare Medium Group Inc), Warrant Agreement (Apollo Investment Fund Iv Lp), Warrant Agreement (Rare Medium Group Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or Sections 4.1 and 4.3 hereof, as applicable, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Scott Walter Jr), Stock Purchase Agreement (RCN Corp /De/), Stock Purchase Agreement (Scott Walter Jr)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof4.2, 4.4, 4.5 and 4.6, the Holder hereof Holders of the Warrants shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Warrant Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Warrant Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 2 contracts

Samples: Credit Agreement (Cadiz Inc), Credit Agreement (Cadiz Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.16.1, 4.2 6.2 or 4.3 6.3 hereof, the Warrant Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantthe Warrants, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 2 contracts

Samples: Warrant Agreement (Mai Systems Corp), Warrant Agreement (Mai Systems Corp)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 Sections 6.3 through 6.6 hereof, the Holder hereof Holders of the Warrants shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant (Siga Technologies Inc), Common Stock Purchase Warrant (Siga Technologies Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof8.2, the Holder ----------- holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a full share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof purchasable hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 2 contracts

Samples: Warrant Agreement (WMF Group LTD), Warrant Agreement (WMF Group LTD)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof4.2, the Holder holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th 1/l00th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof purchasable hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 2 contracts

Samples: Warrant Agreement (Pw Eagle Inc), Warrant Agreement (Sentry Technology Corp)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in this Section 4.1, 4.2 or 4.3 hereof3.1, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a 84 share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof purchasable hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Loan and Warrant Purchase Agreement (Best Software Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1SECTION 4(A), 4.2 (B) or 4.3 (C) hereof, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Cannondale Corp /)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof3, the number of shares subject to this Warrant shall be adjusted so that the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof Warrant Shares purchasable hereunder 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 (Mindspeed Technologies Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in this Section 4.1, 4.2 6.1 or 4.3 hereofin Section 6.2, the Holder holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th .001 of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof purchasable hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Option Agreement (Rc Arbys Corp)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereofthis Article, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock Shares (calculated to the nearest 1/100th 1/l00th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof Shares purchasable hereunder 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 (Ajay Sports Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof4.2, the Holder holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof purchasable hereunder immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Agreement of Merger and Plan of Reorganization (Nextel Communications Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof4.2, the Holder hereof of a Warrant shall thereafter be entitled to purchase entitled, effective at the time of effectiveness of such adjustment, upon the proper exercise of this such Warrant, to purchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a shareshare of Common Stock) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the upon exercise hereof 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 (Broder Bros., Co.)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1Sections 4.4, 4.2 4.6, or 4.3 hereof, 4.7 Holders of the Holder hereof Warrants shall thereafter be entitled to purchase receive upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Fremont General Corp)

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Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereofsubparagraph (d)(i) above, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock which shall thereafter constitute a Stock Unit (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof purchasable hereunder immediately prior to such adjustment adjustment, and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Credit Agreement (Genicom Corp)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 4.2, 4.3, 4.4, 4.6 and 4.8 hereof, as applicable, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Corecomm LTD /De/)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 4.2, 4.4, 4.5 or 4.3 hereof4.6, the Holder hereof Holders of the Warrants shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Peapod Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the applicable Per Share Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof4.1 and 4.3, the Holder hereof Holders of the Warrants shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the applicable Per Share Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the applicable Per Share Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the applicable Per Share Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Warrant Purchase Agreement (Lineo Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1SECTION 4(a), 4.2 (b) or 4.3 (c) hereof, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Cannondale Corp /)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in this Section 4.1, 4.2 6.1 or 4.3 hereofin Section 6.2, the Holder holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantpurchase, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th .001 of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.purchasable hereunder

Appears in 1 contract

Samples: Option Agreement (Triarc Companies Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.18(a), 4.2 8(b) or 4.3 hereof8(c), the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment Warrant Shares underlying this Warrant and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Real Estate Fund Formation Agreement (Morgans Hotel Group Co.)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 6.1 hereof, the each Warrant Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrantthe Warrants, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof thereof 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 (Coyote Network Systems Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section Sections 4.1, 4.2 or 4.3 hereof4.3, 4.4 and 4.5 Holders of the Holder hereof Warrants shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Warrant Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Warrant Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

Appears in 1 contract

Samples: Stock and Warrant Purchase Agreement (Optionable Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 3.1 or 4.3 hereof3.2, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th 1/lOOth of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable purchasable on the exercise hereof 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 (Pegasystems Inc)

Adjustment of Number of Shares Purchasable. Upon any adjustment of the Exercise Price as provided in Section 4.14.2, 4.2 or 4.3 hereof4.4, 4.5 and 4.6, the Holder hereof Holders of the Warrants shall thereafter be entitled to purchase upon the exercise of this Warrantthereof, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof 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 (Video Network Communications Inc)

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