We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Adjustment of Number of Shares Clause in Contracts

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to Section 4 and without duplication of any other adjustment required hereunder, 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: Warrant Agreement (Egenera, Inc.), Warrant Agreement (Egenera, Inc.), Warrant Agreement (Egenera, Inc.)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to (under Section 4 and without duplication of any other adjustment required hereunder4(c) above), 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 3 contracts

Samples: Warrant Agreement (Adeza Biomedical Corp), Warrant Agreement (Adeza Biomedical Corp), Warrant Agreement (Adeza Biomedical Corp)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to Section 4 and without duplication of any other adjustment required hereunderSections 4.01(b) or 4.01(c), 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 3 contracts

Samples: Warrant Agreement (Corsair Communications Inc), Warrant Agreement (Corsair Communications Inc), Loan and Security Agreement (Corsair Communications Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to Section 4 and without duplication of any other adjustment required hereunderparagraph 4(a) or (b), the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share (with one- half share rounded up to the next 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 Agreement (Logicvision Inc), Warrant Agreement (Fogdog Inc), Warrant Agreement (Logicvision Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price required pursuant to Section 4 and without duplication of any other adjustment required hereunder4(c) above, 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 3 contracts

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

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to Subsections (b) or (c) (i) of this Section 4 and without duplication of any other adjustment required hereunder4, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, adjusted to the nearest whole share, to the product obtained that number determined by multiplying the number of Shares purchasable upon the exercise of the Warrants 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 thereafterfollowing such adjustment.

Appears in 2 contracts

Samples: Consulting Agreement (Day Runner Inc), Consulting Agreement (Tekelec)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to Subsections (b) or (c) (i) of this Section 4 and without duplication of any other adjustment required hereunder4, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, adjusted to the nearest whole share, to the product obtained that number determined by multiplying the number of such Shares purchasable upon the exercise of the Warrants 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 thereafterfollowing such adjustment.

Appears in 2 contracts

Samples: Investment Banking Consulting Agreement (Modacad Inc), Investment Banking Consulting Agreement (Modacad Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to Section 4 and without duplication of any other adjustment required hereunderSections 4(a) through (c) above, 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 2 contracts

Samples: Warrant Agreement (Venrock Associates), Warrant Exchange Agreement (Sirna Therapeutics Inc)

Adjustment of Number of Shares. Upon each adjustment in the ------------------------------ Warrant Price pursuant to this Section 4 and without duplication of any other adjustment required hereunder4, 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 1 contract

Samples: Series a Preferred Stock and Warrant Purchase Agreement (Cais Internet Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price pursuant to Section 4 and without duplication of any other adjustment required hereunderparagraph 4(a) or (b), the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share (with one-half share rounded up to the next 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: Warrant Agreement (Global Sports Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant Price Price, other than an adjustment made pursuant to Section 4 and without duplication of any other adjustment required hereunder4(c) above, the number of Warrant Shares of Series Preferred 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: Warrant Agreement (Neotherapeutics Inc)

Adjustment of Number of Shares. Upon each adjustment in the Warrant ------------------------------ Price pursuant to Section 4 and without duplication of any other adjustment required hereunderSections 4.01(b) or 4.01(c), 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 1 contract

Samples: Loan and Security Agreement (Corsair Communications Inc)