Adjustments to Number of Shares Purchasable Sample Clauses

Adjustments to Number of Shares Purchasable. (a) The Warrants will be exercisable for the number of shares of Common Stock in such manner that, following the complete and full exercise of the Warrants of each Holder, the amount of Common Stock issued to all Holders will equal the aggregate number of shares of Common Stock set forth beneath the name of the Purchaser on the signature pages of this Agreement, as adjusted, to the extent necessary, to give effect to the following events:
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Adjustments to Number of Shares Purchasable. (a) The Warrants will be exercisable for the number of shares of Series D Convertible Preferred Stock and Common Stock in such manner that, following the complete and full exercise of the Warrants of each Holder, the amount of Series D Convertible Preferred Stock and Common Stock issued to all Holders will equal 6,731 shares of Series D Convertible Preferred Stock plus up to 44,037 shares of Common Stock for the Contingent Option Adjustment Number, subject to antidilution adjustments from time to time, and as adjusted, to the extent necessary, to give effect to the following events:
Sample 1
Adjustments to Number of Shares Purchasable. The number of Warrant Shares purchasable upon exercise of the Warrants (the "Shares Purchasable") shall be subject to adjustment from time to time as hereinafter provided in this Section 2.08. Upon each adjustment of the Shares Purchasable, the Holders of the Warrants shall be entitled to purchase the adjusted Shares Purchasable hereunder at the Current Warrant Price. The provisions of this Section 2.08 shall govern the adjustment from time to time of the Shares Purchasable hereunder.
Sample 1
Adjustments to Number of Shares Purchasable. (a) Unless and until the Series D Shares are redeemed by the Seller and the redemption price is paid in full (pursuant to the terms and conditions set forth in the Designation of Terms attached hereto at Exhibit A), the number of shares of Common Stock issuable upon exercise of the Warrants shall automatically increase as follows:
Sample 1
Adjustments to Number of Shares Purchasable. (a) The Warrant will be exercisable for the number of shares of Common Stock in such manner that following the complete and full exercise of the Warrant the amount of Common Stock issued to the Holder will equal, to the nearest whole share, Nine Hundred Twenty-Eight Thousand Five Hundred Seventy-One (928,571) shares of Common Stock, as adjusted, to the extent necessary, to give effect to the following events:
Sample 1
Adjustments to Number of Shares Purchasable. (a) At 12:01 a.m. on the first day of each March, June, September and December commencing September 1, 1997, for so long as shares of the Company's Series A Preferred Stock shall remain outstanding, the number of shares issuable upon exercise of each Warrant shall be increased by multiplying the number of shares theretofore issuable thereunder by one hundred two percent (102%), and the product derived thereby shall thereafter be the number of shares issuable upon exercise of such Warrant, without any adjustment in the exercise price of such Warrant.
Sample 1

Related to Adjustments to Number of Shares Purchasable

  • Adjustment of Number of Shares Purchasable Upon any adjustment of the Exercise Price as provided in Section 4.1, 4.2 or 4.3 hereof, the Holder hereof shall thereafter be entitled to purchase upon the exercise of this Warrant, at the Exercise Price resulting from such adjustment, the number of shares of Common Stock (calculated to the nearest 1/100th of a share) obtained by multiplying the Exercise Price in effect immediately prior to such adjustment by the number of shares of Common Stock issuable on the exercise hereof immediately prior to such adjustment and dividing the product thereof by the Exercise Price resulting from such adjustment.

  • Adjustments to Number of Shares The number of shares of Common Stock subject to this Option shall be adjusted to take into account any stock splits, stock dividends, recapitalization of the Common Stock as provided in the Stock Option Plan.

  • Adjustment to Number of Shares Upon each adjustment of the Exercise Price, the number of Shares issuable upon exercise of the Warrant shall be increased to equal the quotient obtained by dividing (x) the product resulting from multiplying (i) the number of Shares issuable upon exercise of the Warrant, and (ii) the Exercise Price, in each case as in effect immediately before such adjustment by (y) the adjusted Exercise Price.

  • Adjustment of Number of Shares Upon each adjustment in the Warrant Price, the number of Shares purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

  • Adjustment of Exercise Price, Number and Kind of Shares or Number of Rights The Exercise Price, the number and kind of shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Adjustment of Exercise Price, Number of Shares or Number of Rights The Exercise Price, the number and kind of shares or other property covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Adjustment of Purchase Price, Number of Shares or Number of Rights The Purchase Price, the number of Preferred Shares covered by each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Adjustment of Purchase Price, Number and Kind of Shares or Number of Rights (a) (i) If the Company shall at any time after the date of this Agreement (A) pay a dividend on the Preferred Stock payable in shares of Preferred Stock, (B) subdivide the outstanding Preferred Stock into a greater number of shares, (C) combine the outstanding Preferred Stock into a smaller number of shares or (D) issue any shares of its capital stock in a reclassification of the Preferred Stock (including any such reclassification in connection with a consolidation or merger involving the Company), the Purchase Price in effect immediately prior to the record date for such dividend or of the effective date of such subdivision, combination or reclassification, and the number and kind of shares of Preferred Stock or other capital stock issuable on such date shall be proportionately adjusted so that each holder of a Right shall (except as otherwise provided herein, including Section 7(d)) thereafter be entitled to receive, upon exercise thereof at the Purchase Price in effect immediately prior to such date, the aggregate number and kind of shares of Preferred Stock or other capital stock, as the case may be, which, if such Right had been exercised immediately prior to such date and at a time when the applicable transfer books of the Company were open, such holder would have been entitled to receive upon such exercise and by virtue of such dividend, subdivision, combination or reclassification. If an event occurs which requires an adjustment under both this Section 11(a)(i) and Section 11(a)(ii), the adjustment provided for in this Section 11(a)(i) shall be in addition to, and shall be made prior to, any adjustment required pursuant to Section 11(a)(ii).

  • Adjustment of Purchase Price, Number and Kind of Shares and Number of Rights The Purchase Price, the number of shares of Preferred Stock or other securities or property purchasable upon exercise of each Right and the number of Rights outstanding are subject to adjustment from time to time as provided in this Section 11.

  • Adjustment of Warrant Price and Number of Shares Issuable Upon Exercise The Warrant Price and the number of shares of Warrant Stock that may be purchased upon exercise of this Warrant shall be subject to adjustment from time to time as set forth in this Section 4. The Issuer shall give the Holder notice of any event described below which requires an adjustment pursuant to this Section 4 in accordance with the notice provisions set forth in Section 5.

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