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.
Appears in 3 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 Upon each adjustment of the Warrant is adjusted as provided Share Amount pursuant to this Section 6.17, the Exercise Price of each Warrant outstanding immediately prior to such adjustment shall thereafter be equal to an adjusted Exercise Price per share payable upon Share determined (to the exercise of this Warrant shall be adjusted nearest cent) by multiplying such the Exercise Price for the Warrant 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 Share Amount in effect immediately prior to such adjustment, adjustment and the denominator of which the denominator shall be the number of Warrant Shares purchasable Share Amount in effect immediately thereafterafter such adjustment.
Appears in 2 contracts
Samples: Settlement Agreement (Mafco Holdings Inc), Settlement Agreement (Sunbeam Corp/Fl/)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the this Warrant is adjusted as provided in this Section 6.1 (other than pursuant to this Section 6.16.1(h)), 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.
Appears in 2 contracts
Samples: Warrant Agreement (Regen Biologics Inc), Warrant Agreement (Regen Biologics Inc)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the this Warrant is adjusted as provided in this Section 6.1 (other than pursuant to this Section 6.16.1(g)), 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.
Appears in 1 contract
Samples: Warrant Agreement (Midway Games Inc)
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the Warrant is adjusted adjusted, as provided pursuant to this Section 6.1herein provided, 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.
Appears in 1 contract
Exercise Price Adjustment. Whenever the number of Warrant Shares purchasable upon the exercise of the each Warrant is adjusted as provided pursuant to this Section 6.1adjusted, the Exercise Price per share Warrant Share payable upon the exercise of this each Warrant shall be adjusted by multiplying such Exercise Price per Warrant Share 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 such Warrant immediately prior to such adjustment, and the denominator of which the denominator shall be the number of Warrant Shares purchasable immediately thereafterafter such adjustment.
Appears in 1 contract
Samples: Warrant Agreement (White Mountains Insurance Group LTD)