Common use of Further Adjustments Clause in Contracts

Further Adjustments. In case at any time or from time to time the Company shall take any action that affects the Common Stock, other than an action described herein, then, unless such action will have a materially adverse effect upon the rights of the Holder, the number of Shares of into which this Warrant is exercisable shall be adjusted in such a manner and at such time as shall be equitable in the circumstances; provided, however, that such adjustment shall not result in a reduction in the original number of Shares covered by this Warrant. Adjustments pursuant to this Section 4 shall be made successively whenever any event listed above shall occur.

Appears in 4 contracts

Samples: Common Stock Purchase Warrant (Bluestem Brands, Inc.), Common Stock Purchase Warrant (Bluestem Brands, Inc.), Common Stock Purchase Warrant (Bluestem Brands, Inc.)

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