Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 145 contracts

Samples: Loan Agreement (Environmental Impact Acquisition Corp), Warrant for Common Stock (Writ Media Group, Inc.), Stealth BioTherapeutics Corp

AutoNDA by SimpleDocs

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 104 contracts

Samples: Peninsula Acquisition Corp, Trade Desk, Inc., Trade Desk, Inc.

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 76 contracts

Samples: Loan Agreement, Cardiva Medical, Inc., Asset Purchase Agreement (Navidea Biopharmaceuticals, Inc.)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 36 contracts

Samples: Cityzenith Holdings, Inc., Loan and Security Agreement (Depomed Inc), Butler International Inc /Md/

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 16 contracts

Samples: Taylor Madison Corp, Cytation Corp, Taylor Madison Corp

Adjustment of Number of Shares. Upon each adjustment in the Warrant PricePrice pursuant to this Section 3, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, (i) the numerator of which shall be the Warrant Price immediately prior to such adjustment adjustment, and (ii) the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 12 contracts

Samples: Insite Vision Inc, Warp Technology Holdings Inc, Insite Vision Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.. j.

Appears in 11 contracts

Samples: Shells Seafood Restaurants Inc, Shells Seafood Restaurants Inc, Shells Seafood Restaurants Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares of Common Stock purchasable hereunder shall be adjusted, rounded up to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 8 contracts

Samples: Security Agreement (Ats Medical Inc), Common Stock and Warrant Purchase Agreement (Ats Medical Inc), Subordinated Security Agreement (Ats Medical Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 7 contracts

Samples: Series F Preferred Stock and Warrant Purchase Agreement (Phoenix Network Inc), Settlement Agreement and Mutual Release (Ciena Corp), Coral Systems Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Samples: Endocyte Inc, Cruisestock Inc., Cruisestock Inc.

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 6 contracts

Samples: Loan and Security Agreement (Netscreen Technologies Inc), Onvia Com Inc, Copper Mountain Networks Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 5 contracts

Samples: Loan Agrloan and Security Agreement (Pilot Network Services Inc), Note and Warrant Purchase Agreement (Concentric Network Corp), Note and Warrant Purchase Agreement (Concentric Network Corp)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares of Common Stock purchasable hereunder shall be adjusted, rounding down to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 4 contracts

Samples: Nivalis Therapeutics, Inc., Nivalis Therapeutics, Inc., Nivalis Therapeutics, Inc.

Adjustment of Number of Shares. Upon each adjustment in the Warrant PricePrice required pursuant to Section 4(c) above, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Warrant (Palatin Technologies Inc), Palatin Technologies Inc, Palatin Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Registration Rights Agreement (Video Update Inc), Warrant Agreement (Video Update Inc), Warrant Agreement (Video Update Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 3 contracts

Samples: Xenogen Corp, Emachines Inc /De/, Emachines Inc /De/

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series C Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Covad Communications Group Inc), Covad Communications Group Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter, such that the aggregate Warrant Price payable for the exercise of all Shares shall remain the same.

Appears in 2 contracts

Samples: Monument Resources Inc, Monument Resources Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 2 contracts

Samples: Agreement (Nimblegen Systems Inc), Agreement (Nimblegen Systems Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Purchase ------------------------------ Price, the number of Shares shares of Stock purchasable hereunder shall be adjusted, adjusted to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Purchase Price by a fraction, the numerator of which shall be the Warrant Purchase Price immediately prior to such adjustment and the denominator of which shall be the Warrant Purchase Price immediately thereafter.

Appears in 2 contracts

Samples: Shareholders' Agreement (SQL Financials International Inc /De), Clarus Corp

Adjustment of Number of Shares. Upon each adjustment in the Warrant Share Calculation Price, the number of Shares shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Share Calculation Price by a fraction, the numerator of which shall be the Warrant Share Calculation Price immediately prior to such adjustment and the denominator of which shall be the Warrant Share Calculation Price immediately thereafter.

Appears in 1 contract

Samples: Nuvim Inc

AutoNDA by SimpleDocs

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.the

Appears in 1 contract

Samples: Coral Systems Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant PricePrice pursuant to this Section 3, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: E Loan Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Nuvim Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Superconductor Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole shareshare (with one half rounded up), to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Authentec Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Security Agreement (QMS Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred Stock purchasable hereunder shall be adjusted, to the nearest whole share, adjusted to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Acadia Pharmaceuticals Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafterthereafter calculated to five decimal places.

Appears in 1 contract

Samples: Meridian Usa Holdings Inc

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price, the number of Shares shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Zhone Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Warrant Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by (1) multiplying the number of Warrant Shares purchasable immediately prior to such adjustment in the Warrant Price Price, by (2) a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Collagenex Pharmaceuticals Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price, the number of Shares of Common Stock purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: One Voice Technologies Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior priori to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

Appears in 1 contract

Samples: Euniverse Inc

Adjustment of Number of Shares. Upon each adjustment in the Warrant Purchase Price, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Purchase Price by a fraction, the numerator of which shall be the Warrant Purchase Price immediately prior to such adjustment and the denominator of which shall be the Warrant Purchase Price immediately thereafter.

Appears in 1 contract

Samples: Juniper Networks Inc

Time is Money Join Law Insider Premium to draft better contracts faster.