Common use of Changes in Options and Convertible Securities Clause in Contracts

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) above, or the rate at which any Convertible Securities referred to in paragraph (c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 7 contracts

Samples: Warrant Agent Agreement (Cresud Inc), Warrant Agent Agreement (Irsa Investments & Representations Inc), Warrant Agent Agreement (Irsa Investments & Representations Inc)

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Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph PARAGRAPH (cd) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph PARAGRAPH (cd) OR (e) above, or the rate at which any Convertible Securities referred to in paragraph PARAGRAPH (cd) OR (e) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7SECTION 11), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 3 contracts

Samples: Warrant Agreement (Digitalconvergence Com Inc), Warrant Agreement (Digitalconvergence Com Inc), Warrant Agreement (Digitalconvergence Com Inc)

Changes in Options and Convertible Securities. If the exercise --------------------------------------------- price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (e) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (e) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 713), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 3 contracts

Samples: Warrant Agreement (Covad Communications Group Inc), Warrant Agreement (Covad Communications Group Inc), Warrant Agreement (Concentric Network Corp)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (d) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each this Warrant shall forthwith be readjusted (effective only with respect to any exercise of any this Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 3 contracts

Samples: Unit Purchase Agreement (Hawthorne Financial Corp), Warrant Agreement (Hawthorne Financial Corp), Warrant Agreement (Value Partners LTD /Tx/)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (cSection 12(b) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (cSection 12(b) above, or the rate at which any Convertible Securities referred to in paragraph (cSection 12(b) above are convertible into or exchangeable for Common Stock Equivalents shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 712), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant Number shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the such Exercise Price and number of shares of Common Stock so purchasable Warrant Number that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 3 contracts

Samples: Warrant Agreement (Dynegy Inc.), Warrant Agreement (Dynegy Inc.), Warrant Agreement (Dynegy Inc.)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) above, or the rate at which any Convertible Securities referred to in paragraph (c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 713), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 3 contracts

Samples: Warrant Agreement (Park N View Inc), Warrant Agreement (Highwaymaster Corp), Warrant Agreement (Orbital Imaging Corp)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) above, or the rate at which any Convertible Securities referred to in paragraph (c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7)8), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.granting

Appears in 2 contracts

Samples: Warrant Agreement (Herley Industries Inc /New), Warrant Agreement (Herley Industries Inc /New)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (d) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 74), then the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant the Warrants shall forthwith be readjusted (effective only with respect to any exercise of any Warrant the Warrants after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 2 contracts

Samples: Warrant Agreement (Genesisintermedia Inc), Warrant Agreement (Icahn Carl C Et Al)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (e) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (e) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 713), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 2 contracts

Samples: Warrant Agreement (Telehub Communications Corp), Warrant Agreement (Firstworld Communications Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) above, or the rate at which any Convertible Securities referred to in paragraph (c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7Article V), the Exercise Price then in effect and the number of shares of Common Stock Shares purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock Shares so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 2 contracts

Samples: Warrant Agreement (XCL LTD), Warrant Agreement (Piccadilly Cafeterias Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (cd) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (cd) or (e) above, or the rate at which any Convertible Securities referred to in paragraph (cd) or (e) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 711), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 2 contracts

Samples: Warrant Agreement (State Communications Inc), Warrant Agreement (Alamosa PCS Holdings Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) above, or the rate at which any Convertible Securities referred to in paragraph (c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 74), the Exercise Underlying Share Purchase Price then in effect and the number of shares of Common Stock Underlying Shares purchasable upon the exercise of each a Managing Underwriters' Warrant shall forthwith be readjusted (effective only with respect to any exercise of any the Managing Underwriters' Warrant after such readjustment) to the Exercise Underlying Share Purchase Price and number of shares of Common Stock Underlying Shares so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.,

Appears in 2 contracts

Samples: Managing Underwriters' Warrant Agreement (Herley Industries Inc /New), Managing Underwriters' Warrant Agreement (Herley Industries Inc /New)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) above, or the rate at which any Convertible Securities referred to in paragraph (c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7Section), the Exercise Underlying Share Purchase Price then in effect and the number of shares of Common Stock Underlying Shares purchasable upon the exercise of each Warrant the Warrants shall forthwith be readjusted (effective only with respect to any exercise of any Warrant the Warrants after such readjustment) to the Exercise Underlying Share Purchase Price and number of shares of Common Stock Underlying Shares so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (American Country Holdings Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (e) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (e) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 713), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.or

Appears in 1 contract

Samples: Warrant Agreement (MGC Communications Inc)

Changes in Options and Convertible Securities. If the exercise --------------------------------------------- price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (d) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7Article IV), the Exercise Purchase Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Purchase Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Systems Applications International Inc)

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Changes in Options and Convertible Securities. If the exercise --------------------------------------------- price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (d) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 712), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Cais Internet Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (d) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 7Article III), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each this Warrant shall forthwith be readjusted (effective only with respect to any exercise of any this Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution distribution, or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration consideration, or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Ixion Biotechnology Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (cSection 11(b) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (cSection 11(b) above, or the rate at which any Convertible Securities referred to in paragraph (cSection 11(b) above are convertible into or exchangeable for Common Stock Equivalents shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 711), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant Number shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the such Exercise Price and number of shares of Common Stock so purchasable Warrant Number that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Illinois Power Generating Co)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph paragraphs (c) and (d) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph paragraphs (c) and (d) above, or the rate at which any Convertible Securities referred to in paragraph paragraphs (c) and (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 710), the Exercise Price Per Share then in effect and the number of shares of Common Stock purchasable Warrant Shares issuable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price Per Share and number of shares of Common Stock Warrant Shares so purchasable issuable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Hercules Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) or (d) above, or the rate at which any Convertible Securities referred to in paragraph (c) or (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 713), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Bell Technology Group LTD)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph paragraphs (c) aboveand (d) above is adjusted, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph paragraphs (c) and (d) above, or the rate at which any Convertible Securities referred to in paragraph paragraphs (c) and (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 711), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Leap Wireless International Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (cSection 9(c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (cSection 9(c) above, or the rate at which any Convertible Securities referred to in paragraph (cSection 9(c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 79), the each Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant Number shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the such Exercise Price and number of shares of Common Stock so purchasable Warrant Number that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Video Update Inc)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph (c) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph (c) above, or the rate at which any Convertible Securities referred to in paragraph (c) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 74), the Exercise Underlying Share Purchase Price then in effect and the number of shares of Common Stock Underlying Shares purchasable upon the exercise of each Warrant the Warrants shall forthwith be readjusted (effective only with respect to any exercise of any Warrant the Warrants after such readjustment) to the Exercise Underlying Share Purchase Price and number of shares of Common Stock Underlying Shares so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Futurelink Corp)

Changes in Options and Convertible Securities. If the exercise price provided for in any Options referred to in paragraph paragraphs (c) and (d) above, the additional consideration, if any, payable upon the conversion or exchange of any Convertible Securities referred to in paragraph paragraphs (c) and (d) above, or the rate at which any Convertible Securities referred to in paragraph paragraphs (c) and (d) above are convertible into or exchangeable for Common Stock shall change at any time (other than under or by reason of provisions designed to protect against dilution upon an event which results in a related adjustment pursuant to this Section 710), the Exercise Price then in effect and the number of shares of Common Stock purchasable upon the exercise of each Warrant shall forthwith be readjusted (effective only with respect to any exercise of any Warrant after such readjustment) to the Exercise Price and number of shares of Common Stock so purchasable that would then be in effect had the adjustment made upon the issuance, sale, distribution or granting of such Options or Convertible Securities been made based upon such changed purchase price, additional consideration or conversion rate, as the case may be, but only with respect to such Options and Convertible Securities as then remain outstanding.

Appears in 1 contract

Samples: Warrant Agreement (Key Energy Services Inc)

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