Common use of Exercise Price Adjustment Clause in Contracts

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)

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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

Samples: Warrant Agreement (G8wave Holdings, Inc.)

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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)

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