Common use of Adjustment of Warrant Exercise Price and Number of Shares Clause in Contracts

Adjustment of Warrant Exercise Price and Number of Shares. The number and kind of securities purchasable upon the exercise of this Warrant and the Warrant Exercise Price shall be subject to adjustment to the nearest whole share (one-half and greater being rounded upward) and nearest cent (one-half cent and greater being rounded upward) from time to time upon the occurrence of certain events, as follows. Each of the adjustments provided by the subsections below shall be deemed separate adjustments and any adjustment of this Warrant pursuant to one subsection of this Section III shall preclude additional adjustments for the same event or transaction by the remaining subsections.

Appears in 11 contracts

Samples: Warrant Agreement (Searchlight Minerals Corp.), Warrant Agreement (Searchlight Minerals Corp.), Warrant Agreement (Searchlight Minerals Corp.)

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Adjustment of Warrant Exercise Price and Number of Shares. The number and kind of securities purchasable upon the exercise of this Warrant and the Warrant Exercise Price shall be subject to adjustment to the nearest whole share (one-half and greater being rounded upward) and nearest cent (one-half cent and greater being rounded upward) from time to time upon the occurrence of certain events, as follows. Each of the adjustments provided by the subsections below shall be deemed separate adjustments and any adjustment of this Warrant pursuant to one subsection of this Section III 3 shall preclude additional adjustments for the same event or transaction by the remaining subsections.

Appears in 10 contracts

Samples: Employment Agreement (Eos Petro, Inc.), Employment Agreement (Eos Petro, Inc.), Consulting Agreement (Eos Petro, Inc.)

Adjustment of Warrant Exercise Price and Number of Shares. The number and kind of securities purchasable upon the exercise of this Warrant and the Warrant Exercise Price shall be subject to adjustment to the nearest whole share (one-half and greater being rounded upward) and nearest cent (one-half cent and greater being rounded upward) from time to time upon the occurrence of certain events, as follows. Each of the adjustments provided by the subsections below shall be deemed separate adjustments and any adjustment of this Warrant pursuant to one any subsection of this Section III 5 shall preclude additional adjustments for the same event or transaction by the remaining subsections.

Appears in 4 contracts

Samples: Warrant Agreement (Verisilicon Holdings Co LTD), Warrant Agreement (Verisilicon Holdings Co LTD), Warrant Agreement (Verisilicon Holdings Co LTD)

Adjustment of Warrant Exercise Price and Number of Shares. The number and kind of securities purchasable upon the exercise of this Warrant and the Warrant Exercise Price shall be subject to adjustment to the nearest whole share (one-half and greater being rounded upward) and nearest cent (one-half cent and greater being rounded upward) from time to time upon the occurrence of certain events, as follows. Each of the adjustments provided by the subsections below shall be deemed separate adjustments and any adjustment of this Warrant pursuant to one subsection of this Section III 4 shall preclude additional adjustments for the same event or transaction by the remaining subsections.

Appears in 3 contracts

Samples: Consulting Agreement (Cellteck Inc.), Warrant Agreement (Cellteck Inc.), Warrant Agreement (Stratos Renewables CORP)

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Adjustment of Warrant Exercise Price and Number of Shares. The number and kind of securities purchasable upon the exercise of this Warrant and the Warrant Exercise Price (and the number of shares subject to this Warrant pursuant to Section 6) shall be subject to adjustment to the nearest whole share (one-half and greater being rounded upward) and nearest cent (one-half cent and greater being rounded upward) from time to time upon the occurrence of certain events, as follows. Each of the adjustments provided by the subsections below shall be deemed separate adjustments and any adjustment of this Warrant pursuant to one subsection of this Section III 3 shall preclude additional adjustments for the same event or transaction by the remaining subsections.

Appears in 1 contract

Samples: Warrant Agreement (EV Transportation, Inc.)

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