Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, the number of Shares Issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 26 contracts

Samples: Warrant Agreement (Homeaway Inc), Warrant Agreement (Homeaway Inc), Warrant Agreement (Us Search Corp Com)

AutoNDA by SimpleDocs

Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, the number of Shares Issuable issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 24 contracts

Samples: Warrant Agreement (Timeline Inc), Antidilution Agreement (Verso Technologies Inc), Warrant Agreement (Innova Corporation)

Adjustment of Number of Shares. Upon each adjustment of the ------------------------------ Warrant Price, the number of Shares Issuable issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 4 contracts

Samples: Warrant Agreement (Digital Insight Corp), Warrant Agreement (Digital Insight Corp), Warrant Agreement (Sonic Innovations Inc)

Adjustment of Number of Shares. Upon each adjustment of the ------------------------------ Warrant Price, the number of Shares Issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 2 contracts

Samples: Antidilution Agreement (Digital Sound Corp), Warrant Agreement (Consilium Inc)

Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, the number of Shares Issuable upon exercise of the this Warrant shall be increased to equal the quotient product obtained by dividing multiplying (a) the product resulting from multiplying (i) the number of Shares Issuable upon exercise of this Warrant by (b) the quotient obtained by dividing (i) the Warrant and Price in effect immediately prior to such adjustment, by (ii) the Warrant Price, in each case as Price in effect immediately before after such adjustment, by (b) the adjusted Warrant Price.

Appears in 2 contracts

Samples: Warrant Agreement (Nexx Systems Inc), Warrant Agreement (Nexx Systems Inc)

Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, Price the number of Shares Issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 1 contract

Samples: Warrant Agreement (Imaging Technologies Corp/Ca)

Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, the number of Shares Issuable issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable issuable upon exercise of or the Warrant warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 1 contract

Samples: Warrant Agreement (Omniture, Inc.)

AutoNDA by SimpleDocs

Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, the number of Shares Issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 1 contract

Samples: Warrant Agreement (Tci Solutions Inc)

Adjustment of Number of Shares. Upon each adjustment of the Warrant Price, the number of Shares Issuable upon exercise of the this Warrant shall be increased to equal the quotient obtained by dividing (a) $39,999 by the product resulting from multiplying (i) the number of Shares Issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted new Warrant Price.

Appears in 1 contract

Samples: Warrant Agreement (Reliant Technologies Inc)

Adjustment of Number of Shares. Upon each adjustment of the Warrant Purchase Price, the number of Shares Issuable issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable issuable upon exercise of the Warrant and (ii) the Warrant Purchase Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Purchase Price.

Appears in 1 contract

Samples: Warrant Agreement (Waste Connections Inc/De)

Adjustment of Number of Shares. Upon each adjustment of the Warrant ------------------------------ Price, the number of Shares Issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (a) the product resulting from multiplying (i) the number of Shares Issuable upon exercise of the Warrant and (ii) the Warrant Price, in each case as in effect immediately before such adjustment, by (b) the adjusted Warrant Price.

Appears in 1 contract

Samples: Credit Terms and Conditions (Anchor Pacific Underwriters Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!