Common use of Adjustment to Warrant Certificate Clause in Contracts

Adjustment to Warrant Certificate. The form of Warrant Certificate need not be changed because of any adjustment made pursuant to Section 12 of the Warrant Certificate, and Warrant Certificates issued after such adjustment may state the same Exercise Price and the same Warrant Share Number as are stated in the Warrant Certificates initially issued pursuant to this Agreement. The Company, however, may at any time in its sole discretion make any change in the form of Warrant Certificate that it may deem appropriate to give effect to such adjustments and that does not affect the substance of the Warrant Certificate, and any Warrant Certificate thereafter issued or countersigned, whether in exchange or substitution for an outstanding Warrant Certificate or otherwise, may be in the form as so changed. Any Warrant Statement issued after any adjustment made pursuant to Section 12 of the Warrant Certificate shall state the Exercise Price and Warrant Share Number, as adjusted after such adjustment.

Appears in 4 contracts

Samples: Warrant Agreement (Sears Holdings Corp), Warrant Agreement (Sears Holdings Corp), Warrant Agreement (Central European Media Enterprises LTD)

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