Common use of Further Adjustments Clause in Contracts

Further Adjustments. In the event that, as a result of an adjustment made pursuant to this Section 3, the Holder shall become entitled to receive any shares of capital stock of the Corporation other than shares of Common Stock, the number of such other shares so receivable upon exercise of this Warrant shall be subject thereafter to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in this Warrant.

Appears in 6 contracts

Samples: Warrant Agreement (Warp Technology Holdings Inc), Warrant Agreement (Halo Technology Holdings, Inc.), Warrant Agreement (Warp Technology Holdings Inc)

AutoNDA by SimpleDocs

Further Adjustments. In the event that, as a result of an adjustment made pursuant to this Section 3, the Holder shall become entitled to receive any shares of capital stock of the Corporation Company other than shares of Common Stock, the number of such other shares so receivable upon exercise of this Warrant shall be subject thereafter to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in this Warrant.

Appears in 2 contracts

Samples: Warrant Agreement (Phase Iii Medical Inc/De), Warrant Agreement (Phase Iii Medical Inc/De)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!