Common use of Computation of Adjustments Clause in Contracts

Computation of Adjustments. Upon each computation of an adjustment in the Warrant Exercise Price and the number of shares which may be subscribed for and purchased upon exercise of this Warrant, the Warrant Exercise Price shall be computed to the nearest cent (i.e. fraction of .5 of a cent, or greater, shall be rounded to the next highest cent) and the number of shares which may be subscribed for and purchased upon exercise of this Warrant shall be calculated to the nearest whole share (i.

Appears in 12 contracts

Samples: Warrant Agreement (Medovex Corp.), Revolving Secured Line of Credit Agreement (Mimedx Group, Inc.), Warrant Agreement (Mimedx Group, Inc.)

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Computation of Adjustments. Upon each computation of an adjustment in the Warrant Exercise Price and the number of shares which may be subscribed for and purchased upon exercise of this Warrant, the Warrant Exercise Price shall be computed to the nearest cent (i.e. fraction of .5 ..5 of a cent, or greater, shall be rounded to the next highest cent) and the number of shares which may be subscribed for and purchased upon exercise of this Warrant shall be calculated to the nearest whole share (i.

Appears in 1 contract

Samples: Warrant Agreement (Surgivision Inc)

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