Common use of Adjustment of Warrant Securities Clause in Contracts

Adjustment of Warrant Securities. In the event of any adjustment of the total number of shares of Precis Common Stock acquirable upon the exercise of the Warrant pursuant to Subsection 5.1, the Exercise Price shall remain unchanged, but the number of shares of capital stock or Warrant Securities obtainable on exercise of the Warrant shall be adjusted as provided in Subsection 5.1.

Appears in 2 contracts

Samples: Warrant Agreement (Dunn Randel T), Warrant Agreement (Dunn Randel T)

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Adjustment of Warrant Securities. In the event of any adjustment of the total number of shares of Precis Common Stock acquirable purchasable upon the exercise of the Warrant Warrants pursuant to Subsection 5.14.1, the Exercise Price shall remain unchanged, but the number of shares of capital stock or Warrant Securities obtainable on exercise of the Warrant Warrants shall be adjusted as provided in Subsection 5.14.1.

Appears in 2 contracts

Samples: Common Stock Purchase Warrant Agreement (Applied Intelligence Group Inc), Common Stock Purchase Warrant Agreement (Applied Intelligence Group Inc)

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