Common use of Adjustment of Stock Purchase Price and Number of Shares Clause in Contracts

Adjustment of Stock Purchase Price and Number of Shares. The Stock Purchase Price and the number of shares purchasable upon the exercise of this Warrant shall be subject to adjustment as described in this Section 4. Upon each adjustment of the Stock Purchase Price, the Holder shall thereafter be entitled to purchase, at the Stock Purchase Price resulting from the adjustment, the number of shares obtained by multiplying the Stock Purchase Price in effect immediately prior to the adjustment by the number of shares purchasable pursuant hereto immediately prior to the adjustment, and dividing the product by the Stock Purchase Price resulting from the adjustment.

Appears in 3 contracts

Samples: Nano Magic Holdings Inc., Nano Magic Inc., Pen Inc.

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Adjustment of Stock Purchase Price and Number of Shares. The Stock Purchase Price and the number of shares purchasable upon the exercise of this Warrant shall be subject to adjustment as from time to time upon the occurrence of certain events described in this Section 4. Upon each adjustment of the Stock Purchase Price, the Holder shall thereafter be entitled to purchase, at the Stock Purchase Price resulting from the such adjustment, the number of shares obtained by multiplying the Stock Purchase Price in effect immediately prior to the such adjustment by the number of shares purchasable pursuant hereto immediately prior to the such adjustment, and dividing the product thereof by the Stock Purchase Price resulting from the such adjustment.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (MeetMe, Inc.), Loan and Security Agreement (Emphasys Medical, Inc.)

Adjustment of Stock Purchase Price and Number of Shares. The Stock Purchase Price and the number of shares purchasable upon the exercise of this Warrant shall be subject to adjustment as in accordance with Sections 4, 4.1, 4.2, and 4.4 and from time to time upon the occurrence of certain events described in this Section Sections 4, 4.1, 4.2 and 4.4. Upon each adjustment of the Stock Purchase Price, the Holder of this Warrant shall thereafter be entitled to purchase, at the Stock Purchase Price resulting from the such adjustment, the number of shares obtained by multiplying the Stock Purchase Price in effect immediately prior to the such adjustment by the number of shares purchasable pursuant hereto immediately prior to the such adjustment, and dividing the product thereof by the Stock Purchase Price resulting from the such adjustment.

Appears in 2 contracts

Samples: Reckson Services Industries Inc, Reckson Services Industries Inc

Adjustment of Stock Purchase Price and Number of Shares. The Stock Purchase Price and the number of shares purchasable upon the exercise or conversion of this Warrant shall be subject to adjustment as from time to time upon the occurrence of certain events described in this Section 4. Upon each adjustment of the Stock Purchase Price, the Holder of this Warrant shall thereafter be entitled to purchase, at the Stock Purchase Price resulting from the such adjustment, the number of shares obtained by multiplying the Stock Purchase Price in effect immediately prior to the such adjustment by the number of shares purchasable pursuant hereto immediately prior to the such adjustment, and dividing the product thereof by the Stock Purchase Price resulting from the such adjustment.

Appears in 1 contract

Samples: LoopNet, Inc.

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Adjustment of Stock Purchase Price and Number of Shares. The Stock Purchase Price and the number of shares purchasable upon the exercise of this Warrant shall be subject to adjustment as described from time to time in accordance with this Section 4. Upon each adjustment of the Stock Purchase Price, the Holder of this Warrant shall thereafter be entitled to purchase, at the Stock Purchase Price resulting from the such adjustment, the number of shares obtained by multiplying the Stock Purchase Price in effect immediately prior to the such adjustment by the number of shares purchasable pursuant hereto immediately prior to the such adjustment, and dividing the product thereof by the Stock Purchase Price resulting from the such adjustment.

Appears in 1 contract

Samples: Frontline Capital Group

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