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

Adjustment of Number of Warrant Shares. Upon each adjustment of the Exercise Price pursuant to the provisions of Section 8.1, the number of Warrant Shares that the Holder of a Warrant shall be entitled to receive upon exercise thereof shall be adjusted to equal that number of Warrant Shares determined by multiplying the number of Warrant Shares issuable upon exercise of such Warrant immediately prior to such adjustment of the Exercise Price by a fraction of which:

Appears in 10 contracts

Samples: Warrant Agreement (Clearview Cinema Group Inc), Warrant Agreement (Showpower Inc), Warrant Agreement (Frontline Communications Corp)

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