Adjustment Under Certain Circumstances. The rate at which Shares shall be delivered upon exercise of Warrants (the “Exercise Rate”) shall be initially one (1) Share for each Warrant so exercised. The Exercise Rate shall be adjusted in certain instances as provided in this Section 2.04 hereof, but shall not be adjusted for any other reason or event. Upon adjustment of the Exercise Rate, the Exercise Price shall also be adjusted in accordance with this Section 2.04.
Appears in 5 contracts
Sources: Warrant Agreement (Marathon Acquisition Corp.), Warrant Agreement (TAC Acquisition Corp.), Warrant Agreement (Marathon Acquisition Corp.)
Adjustment Under Certain Circumstances. (a) The rate at which Shares shall be delivered upon exercise of Warrants (the “Exercise Rate”) shall be initially one (1) Share for each Warrant so exercised. The Exercise Rate shall be adjusted in certain instances as provided in this Section 2.04 hereof2.04, but shall not be adjusted for any other reason or event. Upon adjustment of the Exercise Rate, the Exercise Price shall also be adjusted in accordance with this Section 2.04.
Appears in 1 contract
Sources: Warrant Agreement (Platform Acquisition Corp. International)
Adjustment Under Certain Circumstances. (a) The rate at which Shares shall be delivered upon exercise of Warrants (the “Exercise Rate”) shall be initially one (1) Share for each Warrant so exercised. The Exercise Rate shall be adjusted in certain instances as provided in this Section 2.04 hereof, but shall not be adjusted for any other reason or event. Upon adjustment of the Exercise Rate, the Exercise Price shall also be adjusted in accordance with this Section 2.04.
Appears in 1 contract
Sources: Warrant Agreement (Healthcare Acquisition Partners Corp.)