Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted as provided pursuant to this Section 6.1, the Exercise Price per share payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter; PROVIDED, HOWEVER, that the Exercise Price for each Warrant Share shall in no event be less than the par value of such Warrant Share.
Appears in 12 contracts
Samples: Common Stock Purchase Warrant (Platinum Entertainment Inc), Common Stock Purchase Warrant (Platinum Entertainment Inc), Common Stock Purchase Warrant (Platinum Entertainment Inc)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted as provided pursuant to this Section 6.17.1, the Exercise Price per share payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter; PROVIDEDprovided, HOWEVERhowever, that the Exercise Price for each Warrant Share shall in no event be less than the par value of such Warrant Share.
Appears in 7 contracts
Samples: Warrant Agreement (ITUS Corp), Warrant Agreement (ITUS Corp), Warrant Agreement (Copytele Inc)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the this Warrant is adjusted as provided pursuant to this Section 6.16(a), the Exercise Price per share payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter; PROVIDEDprovided, HOWEVERhowever, that the Exercise Price for each Warrant Share shall in no event be less than the par value of such Warrant Share.
Appears in 3 contracts
Samples: Warrant Agreement (Optimark Technologies Inc), Warrant Agreement (Optimark Technologies Inc), Warrant Agreement (Optimark Technologies Inc)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted as provided pursuant to this Section 6.17.1, the Exercise Price per share payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, the numerator of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and the denominator of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter; PROVIDEDprovided, HOWEVERhowever, that the Exercise Price for each Warrant Share shall in no event be less than the par value of such Warrant Share.
Appears in 2 contracts
Samples: Warrant Agreement (Eclipsys Corp), Warrant Agreement (Eclipsys Corp)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted as provided pursuant to this Section 6.17.1, the Exercise Price per share payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter; PROVIDED, HOWEVER, that the Exercise Price for each Warrant Share shall in no event be less than the par value of such Warrant Share.
Appears in 2 contracts
Samples: Warrant Agreement (Hotel Reservations Network Inc), Warrant Agreement (Hotel Reservations Network Inc)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted as provided pursuant to this Section 6.18.1, the Exercise Price per share payable upon the exercise of this Warrant shall will be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, (i) the number of which the numerator shall will be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and (ii) the denominator of which the denominator shall will be the number of Warrant Shares purchasable immediately thereafter; PROVIDEDprovided, HOWEVERhowever, that the Exercise Price for each Warrant Share shall in no event be less than the par value of such Warrant Share.
Appears in 2 contracts
Samples: Common Stock Purchase Warrant (Cic MSRG Lp), Common Stock Purchase Warrant (Main Street Restaurant Group, Inc.)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted as provided pursuant to this Section 6.1, the Exercise Price per share payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately immedi ately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter; PROVIDEDprovided, HOWEVERhowever, that the Exercise Price for each Warrant Share shall in no event be less than the par value of such Warrant Share.
Appears in 1 contract
Exercise Price Adjustment. Whenever the number of ------------------------- Warrant Shares purchasable upon the exercise of the Warrant is adjusted as provided pursuant to this Section 6.1, the Exercise Price per share payable upon the exercise of this Warrant shall be adjusted by multiplying such Exercise Price immediately prior to such adjustment by a fraction, of which the numerator shall be the number of Warrant Shares purchasable upon the exercise of the Warrant immediately prior to such adjustment, and of which the denominator shall be the number of Warrant Shares purchasable immediately thereafter; PROVIDEDprovided, HOWEVER-------- however, that the Exercise Price for each Warrant Share shall in no event be ------- less than the par value of such Warrant Share.
Appears in 1 contract