Common use of Adjustments to Number of Warrants Clause in Contracts

Adjustments to Number of Warrants. Concurrently with any adjustment to the Exercise Price under Section 4.01, except to the extent pursuant to Section 4.01(e), the Number of Warrants will be adjusted such that the Number of Warrants in effect immediately following the effectiveness of such adjustment will be equal to the Number of Warrants in effect immediately prior to such adjustment, multiplied by a fraction, (i) the numerator of which is the Exercise Price in effect immediately prior to such adjustment and (ii) the denominator of which is the Exercise Price in effect immediately following such adjustment.

Appears in 5 contracts

Samples: Warrant Agreement (Comstock Oil & Gas, LP), Warrant Agreement (Comstock Oil & Gas, LP), Warrant Agreement (Comstock Oil & Gas, LP)

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Adjustments to Number of Warrants. Concurrently with any adjustment to the Exercise Price Prices under Section 4.01, except to the extent pursuant to Section 4.01(e), the Number of Warrants will be adjusted such that the Number of Warrants in effect immediately following the effectiveness of such adjustment will be equal to the Number of Warrants in effect immediately prior to such adjustment, multiplied by a fraction, (i) the numerator of which is the applicable Exercise Price in effect immediately prior to such adjustment and (ii) the denominator of which is the applicable Exercise Price in effect immediately following such adjustment.

Appears in 4 contracts

Samples: Warrant Agreement (Key Energy Services Inc), Warrant Agreement (SAExploration Holdings, Inc.), Warrant Agreement (Swift Energy Co)

Adjustments to Number of Warrants. Concurrently with any adjustment to the any Exercise Price under Section 4.01, except to the extent pursuant to Section 4.01(e), the Number of Warrants will be adjusted such that the Number of Warrants in effect immediately following the effectiveness of such adjustment will be equal to the Number of Warrants in effect immediately prior to such adjustment, multiplied by a fraction, (i) the numerator of which is the applicable Exercise Price in effect immediately prior to such adjustment and (ii) the denominator of which is the applicable Exercise Price in effect immediately following such adjustment.

Appears in 2 contracts

Samples: Warrant Agreement, Warrant Agreement

Adjustments to Number of Warrants. Concurrently with any adjustment to the Exercise Price Prices under Section 4.01, except to the extent pursuant to Section 4.01(e), the Number of Warrants in respect of each Warrant Certificate will be adjusted such that the Number of Warrants in effect immediately following the effectiveness of such adjustment will be equal to the Number of Warrants in effect immediately prior to such adjustment, multiplied by a fraction, (i) the numerator of which is the applicable Exercise Price in effect immediately prior to such adjustment and (ii) the denominator of which is the applicable Exercise Price in effect immediately following such adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Key Energy Services Inc)

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Adjustments to Number of Warrants. Concurrently with any adjustment to the any Exercise Price under Section 4.01, except to the extent pursuant to Section 4.01(e)5.01, the Number of Warrants will be adjusted such that the Number of Warrants in effect immediately following the effectiveness of such adjustment will be equal to the Number of Warrants in effect immediately prior to such adjustment, multiplied by a fraction, (i) the numerator of which is the applicable Exercise Price in effect immediately prior to such adjustment and (ii) the denominator of which is the applicable Exercise Price in effect immediately following such adjustment.

Appears in 1 contract

Samples: Warrant Agreement (Seventy Seven Energy Inc.)

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